Sunbird Tourism (MSW:SUNBIRD) ROCE % : 0.00% (As of . 20)

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What is Sunbird Tourism 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. Sunbird Tourism's annualized ROCE % for the quarter that ended in . 20 was 0.00%.

Sunbird Tourism ROCE % Historical Data

The historical data trend for Sunbird Tourism'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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Sunbird Tourism ROCE % Chart

Sunbird Tourism Annual Data

Trend

ROCE %

Sunbird Tourism Semi-Annual Data

ROCE %

Sunbird Tourism ROCE % Calculation

Sunbird Tourism's annualized ROCE % for the fiscal year that ended in . 20 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: . 20 )		(A: . 20 )		(A: . 20 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: . 20 )		(A: . 20 )		(A: . 20 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

Sunbird Tourism's ROCE % of for the quarter that ended in . 20 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: . 20 )		(Q: . 20 )		(Q: . 20 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: . 20 )		(Q: . 20 )		(Q: . 20 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

(1) Note: The EBIT data used here is one times the annual (. 20) EBIT data.

Sunbird Tourism (MSW:SUNBIRD) 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.

Sunbird Tourism ROCE % Related Terms

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Sunbird Tourism (MSW:SUNBIRD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Sunbird Tourism PLC (MSW:SUNBIRD) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

28 Glyn Jones Road, P.O. Box 376, Blantyre, MWI

Website

https://www.sunbirdmalawi.com

Sunbird Tourism PLC is an operator in the hospitality industry in Malawi. The company operates and manages hotels, beach resorts and nature resorts including Sunbird Capital, Sunbird Mount Soche, Sunbird Lilongwe, Sunbird Mzuzu, Sunbird Nkopola, Sunbird Livingstonia, Sunbird Ku Chawe and Sunbird Thawale. Apart from the accommodation other facilities offered by the firm includes conference, gym, squash court, swimming pool, massage therapy center, water sports, children's playground, hair salon, pottery, and bookshop. Sunbird derives revenue in the form of room rentals, catering services and other services provided at the hotel to support rooms and catering segments.

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