Asset World PCL (BKK:AWC) ROCE % : 6.48% (As of Mar. 2024)

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What is Asset World PCL 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. Asset World PCL's annualized ROCE % for the quarter that ended in Mar. 2024 was 6.48%.

Asset World PCL ROCE % Historical Data

The historical data trend for Asset World PCL'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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Asset World PCL ROCE % Chart

Asset World PCL Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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2.71

-0.06

1.82

4.11

5.13

Asset World PCL Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															6.01	4.73	4.79	5.20	6.48

Asset World PCL ROCE % Calculation

Asset World PCL'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 )
	=	7894.074	/	( ( (162136.652 - 8480.52)	+	(172437.294 - 18397.282) )	/ 2 )
	=	7894.074	/	( (153656.132	+	154040.012)	/ 2 )
	=	7894.074	/	153848.072
	=	5.13 %

Asset World PCL's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	10029.412	/	( ( (172437.294 - 18397.282)	+	(174802.021 - 19082.517) )	/ 2 )
	=	10029.412	/	( ( 154040.012	+	155719.504 )	/ 2 )
	=	10029.412	/	154879.758
	=	6.48 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

Asset World PCL (BKK:AWC) 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.

Asset World PCL ROCE % Related Terms

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Asset World PCL (BKK:AWC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Asset World Corp PCL (BKK:AWC) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

AWC-F:Thailand

Address

South Sathorn Road, 54th Floor, 1 Empire Tower, Yannawa, Sathorn, Bangkok, THA, 10120

Website

https://www.assetworldcorp-th.com

Asset World Corp PCL is engaged in investing and providing management services. The company's operating segment includes Hotel and related services and Rental and rendering of commercial building services. It generates maximum revenue from the Hotel and related services segment. Geographically, it operates only in Thailand.

Asset World PCL (BKK:AWC) Headlines

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