Grand Hotel Bucharest (BSE:RCHI) ROCE % : 3.04% (As of Dec. 2023)

View and export this data going back to 2011. Start your Free Trial

What is Grand Hotel Bucharest 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. Grand Hotel Bucharest's annualized ROCE % for the quarter that ended in Dec. 2023 was 3.04%.

Grand Hotel Bucharest ROCE % Historical Data

The historical data trend for Grand Hotel Bucharest'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.

Grand Hotel Bucharest ROCE % Chart

Grand Hotel Bucharest Annual Data

Trend

Dec21

Dec22

Dec23

ROCE %

3.68

3.10

3.04

Grand Hotel Bucharest Semi-Annual Data
	Dec21	Dec22	Dec23
ROCE %	3.68	3.10	3.04

Grand Hotel Bucharest ROCE % Calculation

Grand Hotel Bucharest'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 )
	=	0.227	/	( ( (9.116 - 0.351)	+	(6.347 - 0.194) )	/ 2 )
	=	0.227	/	( (8.765	+	6.153)	/ 2 )
	=	0.227	/	7.459
	=	3.04 %

Grand Hotel Bucharest'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: Dec. 2022 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Dec. 2022 )		(Q: Dec. 2023 )
	=	0.227	/	( ( (9.116 - 0.351)	+	(6.347 - 0.194) )	/ 2 )
	=	0.227	/	( ( 8.765	+	6.153 )	/ 2 )
	=	0.227	/	7.459
	=	3.04 %

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

Grand Hotel Bucharest (BSE:RCHI) 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.

Grand Hotel Bucharest ROCE % Related Terms

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

Grand Hotel Bucharest Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Grand Hotel Bucharest SA (BSE:RCHI) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

4 Nicolae Balcescu Boulevard, Bucharest, ROU, 01005

Website

https://www.grandhotelbucharest.ro

Grand Hotel Bucharest SA is a iconic luxury hotels in Romania. It offers various services such as Restaurant & Bar, Spa & Wellness, Meeting Room and Fitness Room.

Grand Hotel Bucharest Headlines

No Headlines