Arena Hospitality Group DD (ZAG:ARNT) ROCE % : -11.00% (As of Dec. 2023)

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What is Arena Hospitality Group DD 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. Arena Hospitality Group DD's annualized ROCE % for the quarter that ended in Dec. 2023 was -11.00%.

Arena Hospitality Group DD ROCE % Historical Data

The historical data trend for Arena Hospitality Group DD'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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Arena Hospitality Group DD ROCE % Chart

Arena Hospitality Group DD Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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4.92

-6.89

1.02

2.95

2.56

Arena Hospitality Group DD 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															-11.19	-8.22	2.15	27.43	-11.00

Arena Hospitality Group DD ROCE % Calculation

Arena Hospitality Group DD'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 )
	=	10.862	/	( ( (474.553 - 43.739)	+	(470.293 - 51.457) )	/ 2 )
	=	10.862	/	( (430.814	+	418.836)	/ 2 )
	=	10.862	/	424.825
	=	2.56 %

Arena Hospitality Group DD'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 )
	=	-47.036	/	( ( (488.842 - 52.862)	+	(470.293 - 51.457) )	/ 2 )
	=	-47.036	/	( ( 435.98	+	418.836 )	/ 2 )
	=	-47.036	/	427.408
	=	-11.00 %

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

Arena Hospitality Group DD (ZAG:ARNT) 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.

Arena Hospitality Group DD ROCE % Related Terms

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Arena Hospitality Group DD (ZAG:ARNT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Arena Hospitality Group DD (ZAG:ARNT) » Definitions » ROCE %

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N/A

Address

Smareglina ulica 3, Pula, HRV, 52100

Website

https://www.arenahotels.com

Arena Hospitality Group DD is principally engaged in the tourist industry. The company is a part of the hospitality group operating hotels under the brand Park Plaza. Its presence can be seen across the region of Croatia, Germany, and Hungary and Serbia. Its operating segments are Hotels, Self-catering holiday apartments and complexes, Campsites, and Central Services. The firm generates majority of its revenue from the Hotels business segment.

Arena Hospitality Group DD (ZAG:ARNT) Headlines

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