GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Donaco International Ltd (ASX:DNA) » Definitions » ROCE %

Donaco International (ASX:DNA) ROCE % : 42.89% (As of Jun. 2024)


View and export this data going back to 2004. Start your Free Trial

What is Donaco 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. Donaco International's annualized ROCE % for the quarter that ended in Jun. 2024 was 42.89%.


Donaco International ROCE % Historical Data

The historical data trend for Donaco 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.

* Premium members only.

Donaco International ROCE % Chart

Donaco International Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -29.37 21.05 -8.98 -23.07 26.87

Donaco International Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -8.28 -49.41 3.36 11.67 42.89

Donaco International ROCE % Calculation

Donaco International's annualized ROCE % for the fiscal year that ended in Jun. 2024 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Jun. 2024 )  (A: Jun. 2023 )(A: Jun. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Jun. 2024 )  (A: Jun. 2023 )(A: Jun. 2024 )
=39.01/( ( (181.756 - 51.935) + (200.855 - 40.348) )/ 2 )
=39.01/( (129.821+160.507)/ 2 )
=39.01/145.164
=26.87 %

Donaco International's ROCE % of for the quarter that ended in Jun. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jun. 2024 )  (Q: Dec. 2023 )(Q: Jun. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jun. 2024 )  (Q: Dec. 2023 )(Q: Jun. 2024 )
=62.744/( ( (183.196 - 51.132) + (200.855 - 40.348) )/ 2 )
=62.744/( ( 132.064 + 160.507 )/ 2 )
=62.744/146.2855
=42.89 %

(1) Note: The EBIT data used here is two times the semi-annual (Jun. 2024) EBIT data.

* 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.


Donaco International  (ASX:DNA) 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.


Donaco International ROCE % Related Terms

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


Donaco International Business Description

Traded in Other Exchanges
N/A
Address
25 Martin Place, Level 43, Sydney, NSW, AUS, 2000
Donaco International Ltd is engaged in the operation of leisure and entertainment businesses. It is organized into three segments: Casino Operations - Vietnam, Casino Operations - Cambodia, and Corporate Operations. The company generates maximum revenue from the Casino Operations - Vietnam segment. The company operates in Vietnam, Cambodia and Australia.