Acesite Phils Hotel (PHS:ACE) ROCE % : -1.39% (As of Dec. 2023)

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What is Acesite Phils Hotel 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. Acesite Phils Hotel's annualized ROCE % for the quarter that ended in Dec. 2023 was -1.39%.

Acesite Phils Hotel ROCE % Historical Data

The historical data trend for Acesite Phils Hotel'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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Acesite Phils Hotel ROCE % Chart

Acesite Phils Hotel Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-9.46

-5.43

-3.82

-3.86

-3.91

Acesite Phils Hotel 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															-0.63	-4.52	-4.83	-4.88	-1.39

Acesite Phils Hotel ROCE % Calculation

Acesite Phils Hotel'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 )
	=	-83.234	/	( ( (3014.096 - 849.824)	+	(2925.079 - 836.56) )	/ 2 )
	=	-83.234	/	( (2164.272	+	2088.519)	/ 2 )
	=	-83.234	/	2126.3955
	=	-3.91 %

Acesite Phils Hotel'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 )
	=	-28.908	/	( ( (2872.438 - 789.33)	+	(2925.079 - 836.56) )	/ 2 )
	=	-28.908	/	( ( 2083.108	+	2088.519 )	/ 2 )
	=	-28.908	/	2085.8135
	=	-1.39 %

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

Acesite Phils Hotel (PHS:ACE) 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.

Acesite Phils Hotel ROCE % Related Terms

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Acesite Phils Hotel (PHS:ACE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Acesite Phils Hotel Corp (PHS:ACE) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

United Nations Avenue corner Maria Orosa Street, 8th Floor, Waterfront Manila Hotel and Casino, Ermita, Manila, PHL, 1000

Website

https://www.waterfronthotels.com.ph

Acesite Phils Hotel Corp operates in hotel and restaurant management operations. The Company is engaged in the business of operating a hotel or other accommodations for the general public. The company offers various categories of rooms, deluxe rooms, executive rooms and suites, and ambassador club rooms. The other guest services and facilities include a chapel, swimming pool, gym, business center, and valet-service basement carpark.

Acesite Phils Hotel (PHS:ACE) Headlines

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