The Azur Selection (XPAR:MLAZR) ROCE % : -16.59% (As of Dec. 2023)

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What is The Azur Selection 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. The Azur Selection's annualized ROCE % for the quarter that ended in Dec. 2023 was -16.59%.

The Azur Selection ROCE % Historical Data

The historical data trend for The Azur Selection'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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The Azur Selection ROCE % Chart

The Azur Selection Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

ROCE %

0.53

0.62

2.38

-21.67

The Azur Selection Semi-Annual Data
	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial			-1.36	2.95	1.13	-34.64	-16.59

The Azur Selection ROCE % Calculation

The Azur Selection'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 )
	=	-7.535	/	( ( (41.962 - 8.666)	+	(41.317 - 5.072) )	/ 2 )
	=	-7.535	/	( (33.296	+	36.245)	/ 2 )
	=	-7.535	/	34.7705
	=	-21.67 %

The Azur Selection'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: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	-5.044	/	( ( (33.949 - 9.37)	+	(41.317 - 5.072) )	/ 2 )
	=	-5.044	/	( ( 24.579	+	36.245 )	/ 2 )
	=	-5.044	/	30.412
	=	-16.59 %

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

The Azur Selection (XPAR:MLAZR) 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.

The Azur Selection ROCE % Related Terms

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The Azur Selection (XPAR:MLAZR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » The Azur Selection SA (XPAR:MLAZR) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

19 Stratarchou Alexandrou Papagou Str., Voula, GRC, 16673

Website

https://www.azurselection.com

The Azur Selection SA is a real estate investment company, with interests in hospitality in Greece and the South of France. Its objective is to progressively become a majorly holding company in the field of hotel and hospitality investments and real estate both in Greece and France by providing excellent hospitality services and offering a range of special experiences to its customers.

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