Hersha Hospitality Trust (Hersha Hospitality Trust) ROCE %

: 3.87% (As of Sep. 2023)

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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. Hersha Hospitality Trust's annualized ROCE % for the quarter that ended in Sep. 2023 was 3.87%.

Hersha Hospitality Trust ROCE % Historical Data

The historical data trend for Hersha Hospitality Trust'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.

Array ( [0] => - [1] => - [2] => - [3] => - [4] => - [5] => 2.68 [6] => 2.34 [7] => -6.75 [8] => 0.52 [9] => 14.03 )

Hersha Hospitality Trust Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

ROCE %

2.68

2.34

-6.75

0.52

14.03

Hersha Hospitality Trust Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
ROCE %																40.43	12.70	0.56	5.17	3.87

Hersha Hospitality Trust ROCE % Calculation

Hersha Hospitality Trust's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	215.703	/	( ( (1833.144 - 169.658)	+	(1488.877 - 78.452) )	/ 2 )
	=	215.703	/	( (1663.486	+	1410.425)	/ 2 )
	=	215.703	/	1536.9555
	=	14.03 %

Hersha Hospitality Trust's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	52.024	/	( ( (1393.779 - 46.84)	+	(1388.458 - 49.409) )	/ 2 )
	=	52.024	/	( ( 1346.939	+	1339.049 )	/ 2 )
	=	52.024	/	1342.994
	=	3.87 %

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

Hersha Hospitality Trust (NYSE:HTPRBCL.PFD) 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.

Hersha Hospitality Trust ROCE % Related Terms

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Hersha Hospitality Trust (Hersha Hospitality Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Hersha Hospitality Trust (NYSE:HTPRBCL.PFD) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

44 Hersha Drive, Harrisburg, PA, USA, 17102

Website

https://www.hersha.com

Hersha Hospitality Trust is a self-advised real estate investment trust in the hospitality sector, which owns and operates high-quality upscale hotels in urban gateway markets. Its hotels are located in the central business districts and dense metropolitan centers of New York City, Boston, Washington, DC, Philadelphia, Miami, Los Angeles, and San Diego. The company's revenue streams include Hotel revenue and Other revenue.