Kamat Hotels (India) (NSE:KAMATHOTEL) ROCE % : 57.73% (As of Dec. 2023)

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What is Kamat Hotels (India) 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. Kamat Hotels (India)'s annualized ROCE % for the quarter that ended in Dec. 2023 was 57.73%.

Kamat Hotels (India) ROCE % Historical Data

The historical data trend for Kamat Hotels (India)'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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Kamat Hotels (India) ROCE % Chart

Kamat Hotels (India) Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

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52.83

43.48

-21.12

247.90

Kamat Hotels (India) 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															-	267.65	19.68	17.44	57.73

Kamat Hotels (India) ROCE % Calculation

Kamat Hotels (India)'s annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	3364.949	/	( ( (4668.785 - 5749.534)	+	(6092.405 - 2296.924) )	/ 2 )
	=	3364.949	/	( (-1080.749	+	3795.481)	/ 2 )
	=	3364.949	/	1357.366
	=	247.90 %

Kamat Hotels (India)'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 )
	=	2232.5	/	( ( (6297.807 - 2430.661)	+	(0 - 0) )	/ 1 )
	=	2232.5	/	( ( 3867.146	+	0 )	/ 1 )
	=	2232.5	/	3867.146
	=	57.73 %

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

Kamat Hotels (India) (NSE:KAMATHOTEL) 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.

Kamat Hotels (India) ROCE % Related Terms

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Kamat Hotels (India) (NSE:KAMATHOTEL) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Kamat Hotels (India) Ltd (NSE:KAMATHOTEL) » Definitions » ROCE %

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Traded in Other Exchanges

526668:India

Address

70-C, Nehru Road, Adjoining Orchid Hotel, Near Santacruz Airport, Vile Parle (East), Mumbai, MH, IND, 400 099

Website

https://www.khil.com

Kamat Hotels (India) Ltd, together with its subsidiaries, is engaged in the hospitality and related businesses in India. The company operates hotels and restaurants under the Orchid, Gadh, VITS, and Lotus brand names. The company's activities are categorized as operation of hotels owned by the company, management of hotels owned by other parties under contract, catering services, and timeshare. It is also involved in the management of hotels owned by other parties under contract; clubs resorts; and timeshare business. All the operations are basically functioned through the region of India.

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