Asian Hotels (West) (BOM:533221) ROCE % : -5.02% (As of Dec. 2020)

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What is Asian Hotels (West) 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. Asian Hotels (West)'s annualized ROCE % for the quarter that ended in Dec. 2020 was -5.02%.

Asian Hotels (West) ROCE % Historical Data

The historical data trend for Asian Hotels (West)'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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Asian Hotels (West) ROCE % Chart

Asian Hotels (West) Annual Data

Trend

Mar11

Mar12

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

ROCE %

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2.53

5.94

7.39

12.05

10.84

Asian Hotels (West) Quarterly Data
	Jun13	Mar14	Mar15	Mar16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20
ROCE %	Get a 7-Day Free Trial															12.88	9.47	-7.31	-1.27	-5.02

Asian Hotels (West) ROCE % Calculation

Asian Hotels (West)'s annualized ROCE % for the fiscal year that ended in Mar. 2020 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2020 )		(A: Mar. 2019 )		(A: Mar. 2020 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2020 )		(A: Mar. 2019 )		(A: Mar. 2020 )
	=	1125.501	/	( ( (11123.304 - 952.066)	+	(11731.263 - 1131.028) )	/ 2 )
	=	1125.501	/	( (10171.238	+	10600.235)	/ 2 )
	=	1125.501	/	10385.7365
	=	10.84 %

Asian Hotels (West)'s ROCE % of for the quarter that ended in Dec. 2020 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2020 )		(Q: Sep. 2020 )		(Q: Dec. 2020 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2020 )		(Q: Sep. 2020 )		(Q: Dec. 2020 )
	=	-506.872	/	( ( (11114.986 - 1018.451)	+	(0 - 0) )	/ 1 )
	=	-506.872	/	( ( 10096.535	+	0 )	/ 1 )
	=	-506.872	/	10096.535
	=	-5.02 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2020) EBIT data.

Asian Hotels (West) (BOM:533221) 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.

Asian Hotels (West) ROCE % Related Terms

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Asian Hotels (West) (BOM:533221) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Asian Hotels (West) Ltd (BOM:533221) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Aria Tower, J.W Marriott, 6th Floor, New Delhi Aero City, Asset Area 4, Hospitality District, Near IGI Airport, New Delhi, IND, 110037

Website

http://www.asianhotelswest.com

Asian Hotels (West) Ltd is an Indian-based company involved in hotel business sector. The company operates in one business segment that is Hotel Business. Their property consists of Hotel Hyatt Regency in Mumbai and JW Marriott Hotel in New Delhi. The company offers Rooms, Wines and Liquor, Food, Beverages, Smokes, and Banquets out of which sale of rooms generate maximum revenue for the company. They also offer ayurvedic services, body scrubs, and eye treatment in their hotels.

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