Aitken Spence Hotel Holdings (COL:AHUN.N0000) ROCE % : 17.01% (As of Dec. 2023)

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What is Aitken Spence Hotel Holdings 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. Aitken Spence Hotel Holdings's annualized ROCE % for the quarter that ended in Dec. 2023 was 17.01%.

Aitken Spence Hotel Holdings ROCE % Historical Data

The historical data trend for Aitken Spence Hotel Holdings'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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Aitken Spence Hotel Holdings ROCE % Chart

Aitken Spence Hotel Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

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5.45

2.37

-8.68

5.90

9.01

Aitken Spence Hotel Holdings 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															8.79	22.10	-2.59	0.65	17.01

Aitken Spence Hotel Holdings ROCE % Calculation

Aitken Spence Hotel Holdings's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	7454.923	/	( ( (101639.73 - 19789.707)	+	(107951.564 - 24265.004) )	/ 2 )
	=	7454.923	/	( (81850.023	+	83686.56)	/ 2 )
	=	7454.923	/	82768.2915
	=	9.01 %

Aitken Spence Hotel Holdings'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 )
	=	12832.064	/	( ( (101536.145 - 25740.086)	+	(104312.085 - 29192.277) )	/ 2 )
	=	12832.064	/	( ( 75796.059	+	75119.808 )	/ 2 )
	=	12832.064	/	75457.9335
	=	17.01 %

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

Aitken Spence Hotel Holdings (COL:AHUN.N0000) 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.

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Aitken Spence Hotel Holdings (COL:AHUN.N0000) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Aitken Spence Hotel Holdings PLC (COL:AHUN.N0000) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 315, Vauxhall Street, Level 5, Aitken Spence Tower II, Colombo, LKA, 2

Website

https://www.aitkenspencehotels.com

Aitken Spence Hotel Holdings PLC is involved in the lodging business sector. The company has a chain of hotels and resorts under two brands that are Heritance Hotels and Resorts and Adaaran Resorts and Spa and manages hotels in two areas that are Sri Lanka and South Asia and Middle East. The South Asian sector generates majority revenue for the company.

Aitken Spence Hotel Holdings (COL:AHUN.N0000) Headlines

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