Hydro Hotel Eastbourne (AQSE:HYDP) ROCE % : 6.60% (As of Oct. 2023)

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What is Hydro Hotel Eastbourne 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. Hydro Hotel Eastbourne's annualized ROCE % for the quarter that ended in Oct. 2023 was 6.60%.

Hydro Hotel Eastbourne ROCE % Historical Data

The historical data trend for Hydro Hotel Eastbourne'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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Hydro Hotel Eastbourne ROCE % Chart

Hydro Hotel Eastbourne Annual Data

Trend

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

ROCE %

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7.95

-4.74

12.59

11.18

6.60

Hydro Hotel Eastbourne Semi-Annual Data
	Oct16	Oct17	Oct18	Oct19	Oct20	Oct21	Oct22	Oct23
ROCE %	Get a 7-Day Free Trial			7.95	-4.74	12.59	11.18	6.60

Hydro Hotel Eastbourne ROCE % Calculation

Hydro Hotel Eastbourne's annualized ROCE % for the fiscal year that ended in Oct. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Oct. 2023 )		(A: Oct. 2022 )		(A: Oct. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Oct. 2023 )		(A: Oct. 2022 )		(A: Oct. 2023 )
	=	0.26	/	( ( (4.747 - 0.831)	+	(4.847 - 0.88) )	/ 2 )
	=	0.26	/	( (3.916	+	3.967)	/ 2 )
	=	0.26	/	3.9415
	=	6.60 %

Hydro Hotel Eastbourne's ROCE % of for the quarter that ended in Oct. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Oct. 2023 )		(Q: Oct. 2022 )		(Q: Oct. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Oct. 2023 )		(Q: Oct. 2022 )		(Q: Oct. 2023 )
	=	0.26	/	( ( (4.747 - 0.831)	+	(4.847 - 0.88) )	/ 2 )
	=	0.26	/	( ( 3.916	+	3.967 )	/ 2 )
	=	0.26	/	3.9415
	=	6.60 %

(1) Note: The EBIT data used here is one times the annual (Oct. 2023) EBIT data.

Hydro Hotel Eastbourne (AQSE:HYDP) 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.

Hydro Hotel Eastbourne ROCE % Related Terms

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Hydro Hotel Eastbourne (AQSE:HYDP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Hydro Hotel Eastbourne PLC (AQSE:HYDP) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Mount Road, Hydro Hotel, Eastbourne, East Sussex, GBR, BN20 7HZ

Website

https://www.hydrohotel.com

Hydro Hotel Eastbourne PLC is a hotel operator in the United Kingdom. It operates restaurant and bar facilities and supplies event facilities, as well as accommodation to business and private customers.

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