Premiere Horizon Alliance (PHS:PHA) ROCE % : 9.54% (As of Dec. 2023)

View and export this data going back to 1997. Start your Free Trial

What is Premiere Horizon Alliance 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. Premiere Horizon Alliance's annualized ROCE % for the quarter that ended in Dec. 2023 was 9.54%.

Premiere Horizon Alliance ROCE % Historical Data

The historical data trend for Premiere Horizon Alliance'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.

Premiere Horizon Alliance ROCE % Chart

Premiere Horizon Alliance Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

30.34

18.13

-0.51

8.29

3.26

Premiere Horizon Alliance 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															45.02	-1.37	2.84	1.19	9.54

Premiere Horizon Alliance ROCE % Calculation

Premiere Horizon Alliance'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 )
	=	107.268	/	( ( (4175.921 - 1328.898)	+	(4688.805 - 959.819) )	/ 2 )
	=	107.268	/	( (2847.023	+	3728.986)	/ 2 )
	=	107.268	/	3288.0045
	=	3.26 %

Premiere Horizon Alliance'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 )
	=	341.42	/	( ( (4518.725 - 1090.331)	+	(4688.805 - 959.819) )	/ 2 )
	=	341.42	/	( ( 3428.394	+	3728.986 )	/ 2 )
	=	341.42	/	3578.69
	=	9.54 %

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

Premiere Horizon Alliance (PHS:PHA) 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.

Premiere Horizon Alliance ROCE % Related Terms

Thank you for viewing the detailed overview of Premiere Horizon Alliance's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Premiere Horizon Alliance (PHS:PHA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Premiere Horizon Alliance Corp (PHS:PHA) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Exchange Road, Ortigas Center, Unit 1705, 17th Floor, East Tower, Philippine Stock Exchange Center, Metro Manila, Pasig, PHL, 1605

Website

https://www.premierehorizon.com

Premiere Horizon Alliance Corp engages in the business activities relating to entertainment, gaming, hotel, and leisure. The company business segments are Mining, Real estate, Service contract, and others. Its Mining segment pertains to the operations of RCDC (Redstone Construction and Development Corporation) which provides hauling and excavation for mining companies. The company generates maximum revenue from the Real estate segment.