IFA Hotels & Resorts Co KSCC (KUW:IFAHR) ROCE % : 22.56% (As of Dec. 2023)

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What is IFA Hotels & Resorts Co KSCC 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. IFA Hotels & Resorts Co KSCC's annualized ROCE % for the quarter that ended in Dec. 2023 was 22.56%.

IFA Hotels & Resorts Co KSCC ROCE % Historical Data

The historical data trend for IFA Hotels & Resorts Co KSCC'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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IFA Hotels & Resorts Co KSCC ROCE % Chart

IFA Hotels & Resorts Co KSCC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-12.16

-2.86

4.22

9.13

20.57

IFA Hotels & Resorts Co KSCC 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															0.27	7.53	3.07	52.46	22.56

IFA Hotels & Resorts Co KSCC ROCE % Calculation

IFA Hotels & Resorts Co KSCC'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 )
	=	21.888	/	( ( (198.47 - 103.036)	+	(206.878 - 89.477) )	/ 2 )
	=	21.888	/	( (95.434	+	117.401)	/ 2 )
	=	21.888	/	106.4175
	=	20.57 %

IFA Hotels & Resorts Co KSCC'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 )
	=	25.1	/	( ( (199.744 - 94.584)	+	(206.878 - 89.477) )	/ 2 )
	=	25.1	/	( ( 105.16	+	117.401 )	/ 2 )
	=	25.1	/	111.2805
	=	22.56 %

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

IFA Hotels & Resorts Co KSCC (KUW:IFAHR) 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.

IFA Hotels & Resorts Co KSCC ROCE % Related Terms

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IFA Hotels & Resorts Co KSCC (KUW:IFAHR) Business Description

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Traded in Other Exchanges

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Address

Souk Al-Kuwait Building, Block A, P.O. Box 4694, 8th Floor, Al Abdul Razzak Square, Safat, Kuwait City, KWT, 13047

Website

https://www.ifahotelsresorts.com

IFA Hotels & Resorts Co KSCC is engaged in the development and operations of mixed-use hotel and tourism resort projects and luxury leisure services. In addition, it invests in the land; and engages in property development activities. The company operates in four reportable segments namely property development, hoteliering, investments, and others. The majority of the revenue is generated from the property development segment. Its geographical segments include Kuwait, United Arab Emirates & Asia, Africa, and others, of which majority revenue comes from the United Arab Emirates & Asia.

IFA Hotels & Resorts Co KSCC (KUW:IFAHR) Headlines

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