Ras Resorts & Apart Hotels (BOM:507966) ROCE % : 6.91% (As of Mar. 2024)

View and export this data going back to 1991. Start your Free Trial

What is Ras Resorts & Apart 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. Ras Resorts & Apart Hotels's annualized ROCE % for the quarter that ended in Mar. 2024 was 6.91%.

Ras Resorts & Apart Hotels ROCE % Historical Data

The historical data trend for Ras Resorts & Apart 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.

* Premium members only.

Ras Resorts & Apart Hotels ROCE % Chart

Ras Resorts & Apart Hotels Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

Get a 7-Day Free Trial

2.23

2.19

2.81

3.13

Ras Resorts & Apart Hotels 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															13.14	2.19	2.83	0.69	6.91

Ras Resorts & Apart Hotels ROCE % Calculation

Ras Resorts & Apart Hotels's annualized ROCE % for the fiscal year that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	8.664	/	( ( (352.603 - 55.223)	+	(313.553 - 56.661) )	/ 2 )
	=	8.664	/	( (297.38	+	256.892)	/ 2 )
	=	8.664	/	277.136
	=	3.13 %

Ras Resorts & Apart Hotels'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 )
	=	17.744	/	( ( (0 - 0)	+	(313.553 - 56.661) )	/ 1 )
	=	17.744	/	( ( 0	+	256.892 )	/ 1 )
	=	17.744	/	256.892
	=	6.91 %

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

Ras Resorts & Apart Hotels (BOM:507966) 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.

Ras Resorts & Apart Hotels ROCE % Related Terms

Thank you for viewing the detailed overview of Ras Resorts & Apart Hotels's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Ras Resorts & Apart Hotels (BOM:507966) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Ras Resorts & Apart Hotels Ltd (BOM:507966) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

99/C, Rosewood Chambers, Tulsiwadi, Tardeo, Mumbai, MH, IND, 400 034

Website

https://www.rrahl.com

Ras Resorts & Apart Hotels Ltd operates a hotel and real estate business. It is engaged in the business of owning and operating a hotel and resort. The company's operating segment includes Hoteliering and Real Estate, Out of which the majority of revenue is generated from the hoteliering segment. Geographically, the firm operates in India. Its resort facilities include a Children's Playground, Conference halls, Sandal Cola Lawns, Adult and Baby Pools, and health club/wellness Centre facilities.

Ras Resorts & Apart Hotels (BOM:507966) Headlines

No Headlines