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Alahli REIT Fund 1 (SAU:4338) ROCE % : 4.27% (As of Jun. 2023)


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What is Alahli REIT Fund 1 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. Alahli REIT Fund 1's annualized ROCE % for the quarter that ended in Jun. 2023 was 4.27%.


Alahli REIT Fund 1 ROCE % Historical Data

The historical data trend for Alahli REIT Fund 1'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.

* Premium members only.

Alahli REIT Fund 1 ROCE % Chart

Alahli REIT Fund 1 Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22
ROCE %
4.77 4.37 1.66 4.92 4.78

Alahli REIT Fund 1 Semi-Annual Data
Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 4.83 4.95 4.99 4.59 4.27

Alahli REIT Fund 1 ROCE % Calculation

Alahli REIT Fund 1's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=88.967/( ( (1936.751 - 74.946) + (1936.688 - 74.541) )/ 2 )
=88.967/( (1861.805+1862.147)/ 2 )
=88.967/1861.976
=4.78 %

Alahli REIT Fund 1'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: Dec. 2022 )(Q: Jun. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jun. 2023 )  (Q: Dec. 2022 )(Q: Jun. 2023 )
=80.376/( ( (1936.688 - 74.541) + (2001.431 - 99.585) )/ 2 )
=80.376/( ( 1862.147 + 1901.846 )/ 2 )
=80.376/1881.9965
=4.27 %

(1) Note: The EBIT data used here is two times the semi-annual (Jun. 2023) EBIT data.

* 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.


Alahli REIT Fund 1  (SAU:4338) 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.


Alahli REIT Fund 1 ROCE % Related Terms

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Alahli REIT Fund 1 (SAU:4338) Business Description

Traded in Other Exchanges
N/A
Address
King Saud Road, P.O. Box 22216, Regional Building of National Commercial Bank, Riyadh, SAU, 11495
Alahli REIT Fund 1 invests in income-producing properties. Its objective is to provide periodic rental income to Unitholders through investing in developed income-generating properties and to potentially provide capital growth by developing and/or expanding and/or selling assets. The Fund invests mainly in developed income-generating real estate assets and may invest part of its assets and cash surplus in Murabaha transactions and short-term deposits in Saudi Riyals with banks that are licensed by the Saudi Central Bank (SAMA) and operate in Saudi Arabia. The Fund may also invest in public money market funds approved by CMA.

Alahli REIT Fund 1 (SAU:4338) Headlines

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