Asian Hotels & Properties (COL:AHPL.N0000) ROCE % : 3.06% (As of Dec. 2023)

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What is Asian Hotels & Properties 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. Asian Hotels & Properties's annualized ROCE % for the quarter that ended in Dec. 2023 was 3.06%.

Asian Hotels & Properties ROCE % Historical Data

The historical data trend for Asian Hotels & Properties'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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Asian Hotels & Properties ROCE % Chart

Asian Hotels & Properties Annual Data

Trend

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

ROCE %

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6.48

3.25

0.52

-5.89

-0.90

Asian Hotels & Properties 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															1.60	3.35	-1.92	1.93	3.06

Asian Hotels & Properties ROCE % Calculation

Asian Hotels & Properties's annualized ROCE % for the fiscal year that ended in Mar. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2022 )		(A: Mar. 2021 )		(A: Mar. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2022 )		(A: Mar. 2021 )		(A: Mar. 2022 )
	=	-353.349	/	( ( (40868.932 - 2081.448)	+	(42508.65 - 3096.157) )	/ 2 )
	=	-353.349	/	( (38787.484	+	39412.493)	/ 2 )
	=	-353.349	/	39099.9885
	=	-0.90 %

Asian Hotels & Properties'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 )
	=	1267.98	/	( ( (46084.652 - 4649.684)	+	(46510.954 - 4983.601) )	/ 2 )
	=	1267.98	/	( ( 41434.968	+	41527.353 )	/ 2 )
	=	1267.98	/	41481.1605
	=	3.06 %

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

Asian Hotels & Properties (COL:AHPL.N0000) 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.

Asian Hotels & Properties ROCE % Related Terms

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Asian Hotels & Properties (COL:AHPL.N0000) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Asian Hotels & Properties PLC (COL:AHPL.N0000) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 77, Galle Road, Colombo, LKA, 03

Website

http://www.keells.com

Asian Hotels & Properties PLC is engaged in providing lodging services to local and foreign tours. The company operates in two reportable segments namely leisure, which encompasses two five star city hotels in Colombo under the brand 'Cinnamon Hotels and Resorts', and The Property segment concentrates primarily on rental income derived from the investment property adjoining the hotels . The majority of the revenue is generated from the Hotel segment.

Asian Hotels & Properties (COL:AHPL.N0000) Headlines

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