Tal Lanka Hotels (COL:TAJ.N0000) ROCE % : 7.55% (As of Dec. 2023)

View and export this data going back to 1982. Start your Free Trial

What is Tal Lanka Hotels 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. Tal Lanka Hotels's annualized ROCE % for the quarter that ended in Dec. 2023 was 7.55%.

Tal Lanka Hotels ROCE % Historical Data

The historical data trend for Tal Lanka Hotels'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.

Tal Lanka Hotels ROCE % Chart

Tal Lanka Hotels Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

Get a 7-Day Free Trial

-2.72

-2.63

-24.60

-36.81

-16.48

Tal Lanka Hotels 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															-3.59	-31.40	15.59	0.13	7.55

Tal Lanka Hotels ROCE % Calculation

Tal Lanka Hotels'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 )
	=	-677.282	/	( ( (6076.209 - 1660.917)	+	(5129.298 - 1324.563) )	/ 2 )
	=	-677.282	/	( (4415.292	+	3804.735)	/ 2 )
	=	-677.282	/	4110.0135
	=	-16.48 %

Tal Lanka Hotels'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 )
	=	235.512	/	( ( (5155.959 - 1808.034)	+	(5169.874 - 2281.514) )	/ 2 )
	=	235.512	/	( ( 3347.925	+	2888.36 )	/ 2 )
	=	235.512	/	3118.1425
	=	7.55 %

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

Tal Lanka Hotels (COL:TAJ.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.

Tal Lanka Hotels ROCE % Related Terms

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

Tal Lanka Hotels (COL:TAJ.N0000) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Tal Lanka Hotels PLC (COL:TAJ.N0000) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

25, Galle Face Centre Road, Colombo, LKA, 03

Website

https://www.tajhotels.com

Tal Lanka Hotels PLC is engaged in the hospitality trade business. The company owns the Taj Samudra Hotel in Colombo and also manages the operations of the Airport Garden Hotel Limited, Colombo, from which it earns Management Fees. The company operates its business only across Sri Lanka.

Tal Lanka Hotels (COL:TAJ.N0000) Headlines

No Headlines