Orascom Financial HoldingE (CAI:OFH) ROCE % : 0.00% (As of Jun. 2023)

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What is Orascom Financial HoldingE ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Orascom Financial HoldingE's annualized ROCE % for the quarter that ended in Jun. 2023 was 0.00%.

Orascom Financial HoldingE ROCE % Historical Data

The historical data trend for Orascom Financial HoldingE's ROCE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Orascom Financial HoldingE ROCE % Chart

Orascom Financial HoldingE Annual Data

Trend

Dec21

Dec22

Dec23

ROCE %

2.50

1.05

2.43

Orascom Financial HoldingE Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial						-7.03	6.33	5.65	-	-

Orascom Financial HoldingE ROCE % Calculation

Orascom Financial HoldingE's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	61.373	/	( ( (2561.295 - 35.93)	+	(2622.365 - 87.669) )	/ 2 )
	=	61.373	/	( (2525.365	+	2534.696)	/ 2 )
	=	61.373	/	2530.0305
	=	2.43 %

Orascom Financial HoldingE's ROCE % of for the quarter that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2023 )		(Q: Mar. 2023 )		(Q: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2023 )		(Q: Mar. 2023 )		(Q: Jun. 2023 )
	=	0	/	( ( (2568.268 - 40.649)	+	(2617.324 - 43.038) )	/ 2 )
	=	0	/	( ( 2527.619	+	2574.286 )	/ 2 )
	=	0	/	2550.9525
	=	0.00 %

(1) Note: The EBIT data used here is four times the quarterly (Jun. 2023) EBIT data.

Orascom Financial HoldingE (CAI:OFH) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Orascom Financial HoldingE ROCE % Related Terms

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Orascom Financial HoldingE (CAI:OFH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Orascom Financial Holding SAE (CAI:OFH) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

2005A Corniche El Nile, 29th Floor, Nile City Towers, South Tower, Ramlet Beaulac, Cairo, EGY, 11221

Website

http://orascomfh.com

Orascom Financial Holding SAE is an investment management company. The company invests in the financial technology business, telecom business, and in destination development projects.

Orascom Financial HoldingE (CAI:OFH) Headlines

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