Grand Canal Land PCL (BKK:GLAND-F) ROCE % : 4.06% (As of Dec. 2023)

View and export this data going back to 1996. Start your Free Trial

What is Grand Canal Land PCL 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. Grand Canal Land PCL's annualized ROCE % for the quarter that ended in Dec. 2023 was 4.06%.

Grand Canal Land PCL ROCE % Historical Data

The historical data trend for Grand Canal Land PCL'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.

Grand Canal Land PCL ROCE % Chart

Grand Canal Land PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

7.81

4.50

3.86

4.25

2.99

Grand Canal Land PCL 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															6.28	2.56	2.45	2.87	4.06

Grand Canal Land PCL ROCE % Calculation

Grand Canal Land PCL'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 )
	=	789.468	/	( ( (29708.743 - 2454.231)	+	(30135.232 - 4555.856) )	/ 2 )
	=	789.468	/	( (27254.512	+	25579.376)	/ 2 )
	=	789.468	/	26416.944
	=	2.99 %

Grand Canal Land PCL'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 )
	=	1031.252	/	( ( (30004.119 - 4762.421)	+	(30135.232 - 4555.856) )	/ 2 )
	=	1031.252	/	( ( 25241.698	+	25579.376 )	/ 2 )
	=	1031.252	/	25410.537
	=	4.06 %

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

Grand Canal Land PCL (BKK:GLAND-F) 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.

Grand Canal Land PCL ROCE % Related Terms

Thank you for viewing the detailed overview of Grand Canal Land PCL's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Grand Canal Land PCL (BKK:GLAND-F) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Grand Canal Land PCL (BKK:GLAND-F) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

GLAND:Thailand

Address

33/4 Rama 9 Road, Huai Khwang Subdistrict, Huai Khwang District, Bangkok, THA, 10310

Website

http://www.grandcanalland.com

Grand Canal Land PCL is a Thailand based property development company. It operates in two business segments including the Real estate for sale business and Real estate for rental and service business. Real estate for sale business, consists of land and house projects and residential condominium projects; Real estate for rental and service business, consists of an office building for rent project. The company generates maximum revenue from the Real estate for rental and service business segment.

Grand Canal Land PCL (BKK:GLAND-F) Headlines

No Headlines