Kuwait Business Town Real Estate Co (KUW:KBT) ROCE % : 3.39% (As of Mar. 2024)

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What is Kuwait Business Town Real Estate Co 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. Kuwait Business Town Real Estate Co's annualized ROCE % for the quarter that ended in Mar. 2024 was 3.39%.

Kuwait Business Town Real Estate Co ROCE % Historical Data

The historical data trend for Kuwait Business Town Real Estate Co'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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Kuwait Business Town Real Estate Co ROCE % Chart

Kuwait Business Town Real Estate Co Annual Data

Trend

Dec10

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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4.52

-5.73

4.93

5.88

6.71

Kuwait Business Town Real Estate Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															3.33	4.04	3.24	14.98	3.39

Kuwait Business Town Real Estate Co ROCE % Calculation

Kuwait Business Town Real Estate Co'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 )
	=	4.803	/	( ( (82.323 - 12.636)	+	(94.465 - 21.037) )	/ 2 )
	=	4.803	/	( (69.687	+	73.428)	/ 2 )
	=	4.803	/	71.5575
	=	6.71 %

Kuwait Business Town Real Estate Co's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	2.368	/	( ( (94.465 - 21.037)	+	(85.817 - 19.375) )	/ 2 )
	=	2.368	/	( ( 73.428	+	66.442 )	/ 2 )
	=	2.368	/	69.935
	=	3.39 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

Kuwait Business Town Real Estate Co (KUW:KBT) 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.

Kuwait Business Town Real Estate Co ROCE % Related Terms

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Kuwait Business Town Real Estate Co (KUW:KBT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Kuwait Business Town Real Estate Co (KUW:KBT) » Definitions » ROCE %

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Traded in Other Exchanges

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Address

Khalid Ebn Al Waleed Street, KBT Tower 5, 28th Floor, Kuwait, KWT

Website

https://www.kbt.com.kw

Kuwait Business Town Real Estate Co is a real estate company. It has three operating segments: Investing activities comprise participation in equity investments and managing the Group's liquidity requirements; and Real estate activities comprise investment, managing real estate, and construction or development of real estate for the sale in the ordinary course of business and other related real estate services. The consumer goods segment engages in operating bakeries, manufacturing, and trading food-related items.

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