Al-Dawliya for Hotels and Malls (AMM:MALL) ROCE % : -1.98% (As of Mar. 2024)

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What is Al-Dawliya for Hotels and Malls 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. Al-Dawliya for Hotels and Malls's annualized ROCE % for the quarter that ended in Mar. 2024 was -1.98%.

Al-Dawliya for Hotels and Malls ROCE % Historical Data

The historical data trend for Al-Dawliya for Hotels and Malls'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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Al-Dawliya for Hotels and Malls ROCE % Chart

Al-Dawliya for Hotels and Malls Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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1.51

-5.59

-1.94

1.06

Al-Dawliya for Hotels and Malls Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															-0.22	2.00	5.27	-	-1.98

Al-Dawliya for Hotels and Malls ROCE % Calculation

Al-Dawliya for Hotels and Malls'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 )
	=	0	/	( ( (59.612 - 6.658)	+	(59.149 - 6.612) )	/ 2 )
	=	0	/	( (52.954	+	52.537)	/ 2 )
	=	0	/	52.7455
	=	0.00 %

Al-Dawliya for Hotels and Malls's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	-1.04	/	( ( (59.149 - 6.612)	+	(58.822 - 6.433) )	/ 2 )
	=	-1.04	/	( ( 52.537	+	52.389 )	/ 2 )
	=	-1.04	/	52.463
	=	-1.98 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

Al-Dawliya for Hotels and Malls (AMM:MALL) 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.

Al-Dawliya for Hotels and Malls ROCE % Related Terms

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Al-Dawliya for Hotels and Malls (AMM:MALL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Al-Dawliya for Hotels and Malls PLC (AMM:MALL) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Alal Al-Fasi street, P.O Box 94217, 1st Floor, Jawharat Al-Shmeisani Building, Amman, JOR, 11194

Website

https://www.dawliyah-jo.com

Al-Dawliya for Hotels and Malls PLC is engaged in developing, constructing, selling, purchasing, renting, and leasing hotels, restaurants, theaters, swimming pools and malls. It generates a majority of its revenue from the Hotel sector.

Al-Dawliya for Hotels and Malls (AMM:MALL) Headlines

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