Viking Holdings (Viking Holdings) ROCE % : -50.52% (As of Dec. 2023)

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What is Viking Holdings 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. Viking Holdings's annualized ROCE % for the quarter that ended in Dec. 2023 was -50.52%.

Viking Holdings ROCE % Historical Data

The historical data trend for Viking Holdings'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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Viking Holdings ROCE % Chart

Viking Holdings Annual Data

Trend

Dec21

Dec22

Dec23

ROCE %

-46.95

23.28

-34.58

Viking Holdings Quarterly Data
	Dec21	Sep22	Dec22	Sep23	Dec23
ROCE %	-	-	33.76	-	-50.52

Viking Holdings ROCE % Calculation

Viking Holdings'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 )
	=	-1363.984	/	( ( (7857.455 - 4100.48)	+	(8495.917 - 4363.891) )	/ 2 )
	=	-1363.984	/	( (3756.975	+	4132.026)	/ 2 )
	=	-1363.984	/	3944.5005
	=	-34.58 %

Viking Holdings's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	-2096.72	/	( ( (8649.724 - 4481.193)	+	(8495.917 - 4363.891) )	/ 2 )
	=	-2096.72	/	( ( 4168.531	+	4132.026 )	/ 2 )
	=	-2096.72	/	4150.2785
	=	-50.52 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Viking Holdings (NYSE:VIK) 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.

Viking Holdings ROCE % Related Terms

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Viking Holdings (Viking Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Viking Holdings Ltd (NYSE:VIK) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

94 Pitts Bay Road, Pembroke, BMU, HM 08

Website

https://www.viking.com

Viking Holdings Ltd is a travel company, with a fleet of 92 small, state-of-the-art ships, which view as floating hotels. It offer travel experiences on all seven continents in all three categories of the cruise industry—river, ocean and expedition cruising. The Group defines its products based on the type of cruise offering and language of the cruise service. The River segment provides river cruises outside the United States to English-speaking passengers. The Ocean segment provides ocean cruises to English-speaking passengers. Other includes operating segments that are not individually reportable, consisting of expedition cruises for English-speaking passengers ("Expedition"), Mississippi River cruises for English-speaking passengers, Viking China, which includes cruises for Mandarin.

Viking Holdings (Viking Holdings) Headlines

From GuruFocus

Viking Announces Closing of Initial Public Offering and Full Exercise of Underwriters' Option to Purchase Additional Shares

By PRNewswire • 05-03-2024