John Keells Hotels (COL:KHL.N0000) ROCE % : 20.25% (As of Mar. 2024)

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What is John Keells 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. John Keells Hotels's annualized ROCE % for the quarter that ended in Mar. 2024 was 20.25%.

John Keells Hotels ROCE % Historical Data

The historical data trend for John Keells 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.

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John Keells Hotels ROCE % Chart

John Keells Hotels Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

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-1.52

-8.87

-0.10

3.09

4.53

John Keells 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															11.10	-3.05	-2.61	5.96	20.25

John Keells Hotels ROCE % Calculation

John Keells 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 )
	=	2816.942	/	( ( (87096.334 - 18571.631)	+	(79899.54 - 24039.688) )	/ 2 )
	=	2816.942	/	( (68524.703	+	55859.852)	/ 2 )
	=	2816.942	/	62192.2775
	=	4.53 %

John Keells 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 )
	=	11393.436	/	( ( (83690.399 - 27021.747)	+	(79899.54 - 24039.688) )	/ 2 )
	=	11393.436	/	( ( 56668.652	+	55859.852 )	/ 2 )
	=	11393.436	/	56264.252
	=	20.25 %

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

John Keells Hotels (COL:KHL.N0000) 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.

John Keells Hotels ROCE % Related Terms

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John Keells Hotels (COL:KHL.N0000) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » John Keells Hotels PLC (COL:KHL.N0000) » Definitions » ROCE %

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Traded in Other Exchanges

N/A

Address

117, Sir Chittampalam A. Gardiner Mawatha, Colombo, LKA, 02

Website

https://www.cinnamonhotels.com

John Keells Hotels PLC is a Sri Lanka-based company that is engaged in the business of hotelier. It also engaged in investment activities. The company's geographical segment consists of Sri Lanka and the Maldives.

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