Apeejay Surrendra Park Hotels (NSE:PARKHOTELS) ROCE % : 0.00% (As of Sep. 2023)

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What is Apeejay Surrendra Park 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. Apeejay Surrendra Park Hotels's annualized ROCE % for the quarter that ended in Sep. 2023 was 0.00%.

Apeejay Surrendra Park Hotels ROCE % Historical Data

The historical data trend for Apeejay Surrendra Park 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.

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Apeejay Surrendra Park Hotels ROCE % Chart

Apeejay Surrendra Park Hotels Annual Data

Trend

Mar21

Mar22

Mar23

ROCE %

-2.84

1.72

11.71

Apeejay Surrendra Park Hotels Quarterly Data
	Mar21	Mar22	Sep22	Mar23	Sep23
ROCE %	-	-	-	-	-

Apeejay Surrendra Park Hotels ROCE % Calculation

Apeejay Surrendra Park 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 )
	=	1275.87	/	( ( (12751.76 - 2357.38)	+	(13617.9 - 2226.4) )	/ 2 )
	=	1275.87	/	( (10394.38	+	11391.5)	/ 2 )
	=	1275.87	/	10892.94
	=	11.71 %

Apeejay Surrendra Park Hotels's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	0	/	( ( (13617.9 - 2226.4)	+	(13825.07 - 2367.84) )	/ 2 )
	=	0	/	( ( 11391.5	+	11457.23 )	/ 2 )
	=	0	/	11424.365
	=	0.00 %

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

Apeejay Surrendra Park Hotels (NSE:PARKHOTELS) 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.

Apeejay Surrendra Park Hotels ROCE % Related Terms

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Apeejay Surrendra Park Hotels (NSE:PARKHOTELS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Apeejay Surrendra Park Hotels Ltd (NSE:PARKHOTELS) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

544111:India

Address

N80, Connaught Place, New Delhi, IND, 110001

Website

https://www.theparkhotels.com

Apeejay Surrendra Park Hotels Ltd is engaged in hotel business. It operate hotels under following four brands, namely "THE PARK, "THE PARK Collection", "Zone by The Park", "Zone Connect by The Park" and have recently launched economy motel brand, "Stop by Zone".

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