Sotherly Hotels (Sotherly Hotels) ROCE % : 4.29% (As of Dec. 2023)

View and export this data going back to 2017. Start your Free Trial

What is Sotherly Hotels 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. Sotherly Hotels's annualized ROCE % for the quarter that ended in Dec. 2023 was 4.29%.

Sotherly Hotels ROCE % Historical Data

The historical data trend for Sotherly Hotels'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.

Sotherly Hotels ROCE % Chart

Sotherly Hotels Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

4.42

-6.77

-1.41

14.04

5.66

Sotherly Hotels 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															10.78	5.85	10.12	2.18	4.29

Sotherly Hotels ROCE % Calculation

Sotherly Hotels'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 )
	=	21.093	/	( ( (406.569 - 29.787)	+	(393.443 - 25.404) )	/ 2 )
	=	21.093	/	( (376.782	+	368.039)	/ 2 )
	=	21.093	/	372.4105
	=	5.66 %

Sotherly Hotels'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 )
	=	15.872	/	( ( (400.762 - 28.046)	+	(393.443 - 25.404) )	/ 2 )
	=	15.872	/	( ( 372.716	+	368.039 )	/ 2 )
	=	15.872	/	370.3775
	=	4.29 %

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

Sotherly Hotels (NAS:SOHOO.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.

Sotherly Hotels ROCE % Related Terms

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

Sotherly Hotels (Sotherly Hotels) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Sotherly Hotels Inc (NAS:SOHOO.PFD) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

SOHON.PFD:USA SOHOB.PFD:USA SOHO:USA MCL:Germany

Address

306 South Henry Street, Suite 100, Williamsburg, VA, USA, 23185

Website

https://www.sotherlyhotels.com

Sotherly Hotels Inc is engaged in Hotel operations. The company is a self-managed and self-administered lodging real estate investment trust that was formed to own, acquire, renovate, and reposition full-service, upscale, and upper-upscale hotel properties located in primary markets in the mid-Atlantic and southern United States. It generates revenue through the rooms, food, beverage, and other services. Geographically, the group has its presence in the regions of Florida, Georgia, Indiana, Maryland, North Carolina, Pennsylvania, Texas, and Virginia.