Prashkovsky Investments and Construction (XTAE:PRSK) ROCE % : -10.47% (As of Dec. 2023)

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What is Prashkovsky Investments and Construction 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. Prashkovsky Investments and Construction's annualized ROCE % for the quarter that ended in Dec. 2023 was -10.47%.

Prashkovsky Investments and Construction ROCE % Historical Data

The historical data trend for Prashkovsky Investments and Construction'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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Prashkovsky Investments and Construction ROCE % Chart

Prashkovsky Investments and Construction Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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25.60

23.65

25.71

16.04

7.77

Prashkovsky Investments and Construction Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															0.64	23.03	17.91	-3.08	-10.47

Prashkovsky Investments and Construction ROCE % Calculation

Prashkovsky Investments and Construction'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 )
	=	202.017	/	( ( (4784.926 - 2012.125)	+	(5012.293 - 2582.4) )	/ 2 )
	=	202.017	/	( (2772.801	+	2429.893)	/ 2 )
	=	202.017	/	2601.347
	=	7.77 %

Prashkovsky Investments and Construction's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	-265.412	/	( ( (4985.345 - 2344.954)	+	(5012.293 - 2582.4) )	/ 2 )
	=	-265.412	/	( ( 2640.391	+	2429.893 )	/ 2 )
	=	-265.412	/	2535.142
	=	-10.47 %

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

Prashkovsky Investments and Construction (XTAE:PRSK) 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.

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Prashkovsky Investments and Construction (XTAE:PRSK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Prashkovsky Investments and Construction Ltd (XTAE:PRSK) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

Moti Kind 10, Rehovot, ISR

Website

http://www.ashi.co.il

Prashkovsky Investments and Construction Ltd is engaged in construction and development of real estate projects. It undertakes residential, commercial, industrial and office projects. Its commercial projects include Santo streets, Hadera commercial, Rosh HaAyin, Shoham 204 units, Rehovot Hame'adah.

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