Sim Leisure Group (SGX:URR) ROCE % : 28.54% (As of Dec. 2023)

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What is Sim Leisure Group 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. Sim Leisure Group's annualized ROCE % for the quarter that ended in Dec. 2023 was 28.54%.

Sim Leisure Group ROCE % Historical Data

The historical data trend for Sim Leisure Group'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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Sim Leisure Group ROCE % Chart

Sim Leisure Group Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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4.76

10.82

-1.93

29.28

23.77

Sim Leisure Group Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial								4.40	23.30	36.67	22.12	28.54

Sim Leisure Group ROCE % Calculation

Sim Leisure Group'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 )
	=	10.965	/	( ( (48.493 - 7.222)	+	(65.01 - 14.03) )	/ 2 )
	=	10.965	/	( (41.271	+	50.98)	/ 2 )
	=	10.965	/	46.1255
	=	23.77 %

Sim Leisure Group'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: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	13.044	/	( ( (53.268 - 12.844)	+	(65.01 - 14.03) )	/ 2 )
	=	13.044	/	( ( 40.424	+	50.98 )	/ 2 )
	=	13.044	/	45.702
	=	28.54 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

Sim Leisure Group (SGX:URR) 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.

Sim Leisure Group ROCE % Related Terms

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Sim Leisure Group (SGX:URR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Sim Leisure Group Ltd (SGX:URR) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

828 Jalan Teluk Bahang, Teluk Bahang, PNG, MYS, 11050

Website

https://www.simleisuregroup.com

Sim Leisure Group Ltd and its subsidiaries are engaged in the theme park operations and events. The company presently operates Theme Parks, ESCAPE AdventurePlay and ESCAPE Waterplay, which is co-located next to each other in Penang, Malaysia and caters to local and foreign visitors and tourists. It derives revenue from ticketing, food and beverages, merchandising sales and services from operating theme parks in Malaysia. The group's revenue is mainly derived from Malaysia.

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