Coraza Integrated Technology Bhd (XKLS:0240) ROCE % : -4.03% (As of Mar. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Coraza Integrated Technology 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. Coraza Integrated Technology Bhd's annualized ROCE % for the quarter that ended in Mar. 2024 was -4.03%.

Coraza Integrated Technology Bhd ROCE % Historical Data

The historical data trend for Coraza Integrated Technology 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.

* Premium members only.

Coraza Integrated Technology Bhd ROCE % Chart

Coraza Integrated Technology Bhd Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

12.75

26.93

35.32

24.86

-2.28

Coraza Integrated Technology Bhd Quarterly Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial											9.98	4.63	-11.38	-8.82	-4.03

Coraza Integrated Technology Bhd ROCE % Calculation

Coraza Integrated Technology Bhd'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 )
	=	-2.681	/	( ( (140.485 - 39.11)	+	(163.082 - 29.723) )	/ 2 )
	=	-2.681	/	( (101.375	+	133.359)	/ 2 )
	=	-2.681	/	117.367
	=	-2.28 %

Coraza Integrated Technology 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 )
	=	-5.636	/	( ( (163.082 - 29.723)	+	(165.922 - 19.74) )	/ 2 )
	=	-5.636	/	( ( 133.359	+	146.182 )	/ 2 )
	=	-5.636	/	139.7705
	=	-4.03 %

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

Coraza Integrated Technology Bhd (XKLS:0240) 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.

Coraza Integrated Technology Bhd ROCE % Related Terms

Thank you for viewing the detailed overview of Coraza Integrated Technology Bhd's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Coraza Integrated Technology Bhd (XKLS:0240) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Coraza Integrated Technology Bhd (XKLS:0240) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kawasan Industri Bukit Panchor, Lot 2777, Lorong Industri 5, Pulau Pinang, Nibong Tebal, PNG, MYS, 14300

Website

https://www.corazaintech.com

Coraza Integrated Technology Bhd is principally involved in the fabrication of sheet metal and precision machined components, as well as the provision of related services, such as design and development and value-added sub-module assembly services. The company support customers in various industries including semiconductor, instrumentation, life science and medical devices, telecommunications, aerospace, and others.

Coraza Integrated Technology Bhd (XKLS:0240) Headlines

No Headlines