Rexit Bhd (XKLS:0106) ROCE % : 36.42% (As of Mar. 2024)

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What is Rexit Bhd 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. Rexit Bhd's annualized ROCE % for the quarter that ended in Mar. 2024 was 36.42%.

Rexit Bhd ROCE % Historical Data

The historical data trend for Rexit Bhd'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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Rexit Bhd ROCE % Chart

Rexit Bhd Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

ROCE %

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27.93

32.31

29.94

27.69

30.71

Rexit Bhd 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															26.02	41.40	28.55	37.16	36.42

Rexit Bhd ROCE % Calculation

Rexit Bhd's annualized ROCE % for the fiscal year that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	14.497	/	( ( (49.601 - 4.776)	+	(54.845 - 5.263) )	/ 2 )
	=	14.497	/	( (44.825	+	49.582)	/ 2 )
	=	14.497	/	47.2035
	=	30.71 %

Rexit Bhd'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 )
	=	17.924	/	( ( (55.398 - 7.922)	+	(58.171 - 7.211) )	/ 2 )
	=	17.924	/	( ( 47.476	+	50.96 )	/ 2 )
	=	17.924	/	49.218
	=	36.42 %

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

Rexit Bhd (XKLS:0106) 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.

Rexit Bhd ROCE % Related Terms

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Rexit Bhd (XKLS:0106) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Rexit Bhd (XKLS:0106) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 42, Jalan BM 1/2, Taman Bukit Mayang Emas, Petaling Jaya, SGR, MYS, 47301

Website

https://www.rexit.com

Rexit Bhd focuses on delivering solutions and services to the general insurance and financial service industries. It offers several web-based insurance solutions that cater to the front-end marketing and sales functions, as well as the back-end operations of insurance companies. In addition, it also offers a suite of workflow, case management, and document management applications suited for the financial industry. Its products include e-Cover, which is an online insurance transaction system; e-PPA, which is an online system to submit investment and redemption applications to the employee provident fund, IIMS, which is an integrated workflow, case management, and document management system, and others. Geographically, it derives a majority of its revenue from Malaysia.

Rexit Bhd (XKLS:0106) Headlines

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