Nippon Hotel & Residential Investment (TSE:3472) ROCE % : 3.53% (As of May. 2023)

View and export this data going back to 2016. Start your Free Trial

What is Nippon Hotel & Residential Investment 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. Nippon Hotel & Residential Investment's annualized ROCE % for the quarter that ended in May. 2023 was 3.53%.

Nippon Hotel & Residential Investment ROCE % Historical Data

The historical data trend for Nippon Hotel & Residential Investment'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.

Nippon Hotel & Residential Investment ROCE % Chart

Nippon Hotel & Residential Investment Annual Data

Trend

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

ROCE %

Get a 7-Day Free Trial

4.32

3.98

3.71

3.49

3.27

Nippon Hotel & Residential Investment Semi-Annual Data
	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23
ROCE %	Get a 7-Day Free Trial								3.70	3.47	3.40	3.40	3.53

Nippon Hotel & Residential Investment ROCE % Calculation

Nippon Hotel & Residential Investment's annualized ROCE % for the fiscal year that ended in Nov. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Nov. 2022 )		(A: Nov. 2021 )		(A: Nov. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Nov. 2022 )		(A: Nov. 2021 )		(A: Nov. 2022 )
	=	786.333	/	( ( (36926.098 - 11005.314)	+	(33166.721 - 11001.233) )	/ 2 )
	=	786.333	/	( (25920.784	+	22165.488)	/ 2 )
	=	786.333	/	24043.136
	=	3.27 %

Nippon Hotel & Residential Investment's ROCE % of for the quarter that ended in May. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: May. 2023 )		(Q: Nov. 2022 )		(Q: May. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: May. 2023 )		(Q: Nov. 2022 )		(Q: May. 2023 )
	=	782.102	/	( ( (33166.721 - 11001.233)	+	(32126.307 - 10039.734) )	/ 2 )
	=	782.102	/	( ( 22165.488	+	22086.573 )	/ 2 )
	=	782.102	/	22126.0305
	=	3.53 %

(1) Note: The EBIT data used here is two times the semi-annual (May. 2023) EBIT data.

Nippon Hotel & Residential Investment (TSE:3472) 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.

Nippon Hotel & Residential Investment ROCE % Related Terms

Thank you for viewing the detailed overview of Nippon Hotel & Residential Investment's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Nippon Hotel & Residential Investment (TSE:3472) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Nippon Hotel & Residential Investment Corp (TSE:3472) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

3-3-4 Nihonbashihoncho, Chuo-ku, Tokyo, JPN, 103-0023

Website

https://oom-reit.com

Ooedo Onsen Reit Investment Corp is a real estate investment trust externally managed by Ooedo Onsen Asset Management Co., Ltd. The firm invests in onsen and spa-related facilities, mainly facilities. The company principally invests in hot spring-related industries, such as hotels, hot spring facilities and theme parks.

Nippon Hotel & Residential Investment (TSE:3472) Headlines

No Headlines