Royal International (HSTC:RIC) ROCE % : -16.59% (As of Mar. 2022)

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What is Royal International 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. Royal International's annualized ROCE % for the quarter that ended in Mar. 2022 was -16.59%.

Royal International ROCE % Historical Data

The historical data trend for Royal International'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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Royal International ROCE % Chart

Royal International Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

ROCE %

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-10.91

2.44

-7.00

-8.75

-13.07

Royal International Quarterly Data
	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22
ROCE %	Get a 7-Day Free Trial															-12.77	-9.09	-13.16	-18.30	-16.59

Royal International ROCE % Calculation

Royal International's annualized ROCE % for the fiscal year that ended in Dec. 2021 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2021 )		(A: Dec. 2020 )		(A: Dec. 2021 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2021 )		(A: Dec. 2020 )		(A: Dec. 2021 )
	=	-98323.583	/	( ( (941031.778 - 118234.722)	+	(849416.961 - 167233.711) )	/ 2 )
	=	-98323.583	/	( (822797.056	+	682183.25)	/ 2 )
	=	-98323.583	/	752490.153
	=	-13.07 %

Royal International's ROCE % of for the quarter that ended in Mar. 2022 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2022 )		(Q: Dec. 2021 )		(Q: Mar. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2022 )		(Q: Dec. 2021 )		(Q: Mar. 2022 )
	=	-110889.848	/	( ( (849416.961 - 167233.711)	+	(844577.308 - 190129.866) )	/ 2 )
	=	-110889.848	/	( ( 682183.25	+	654447.442 )	/ 2 )
	=	-110889.848	/	668315.346
	=	-16.59 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2022) EBIT data.

Royal International (HSTC:RIC) 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.

Royal International ROCE % Related Terms

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Royal International (HSTC:RIC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Royal International Corp (HSTC:RIC) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ha Long Street, Bai Chay Ward, Quang Ninh Province, Ha Long City, VNM

Website

http://www.royalhalong.com

Royal International Corp is a Vietnam based engaged in building and operating a 5-star hotel, a place for amusement, an international gaming club and provide other entertainment services. The organization provides accommodation services, food services, recreational services and casino services.

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