Dusit Thani Freehold and Leasehold REIT (BKK:DREIT) ROCE % : -2.86% (As of Dec. 2023)

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What is Dusit Thani Freehold and Leasehold REIT 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. Dusit Thani Freehold and Leasehold REIT's annualized ROCE % for the quarter that ended in Dec. 2023 was -2.86%.

Dusit Thani Freehold and Leasehold REIT ROCE % Historical Data

The historical data trend for Dusit Thani Freehold and Leasehold REIT'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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Dusit Thani Freehold and Leasehold REIT ROCE % Chart

Dusit Thani Freehold and Leasehold REIT Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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2.88

5.54

6.32

5.11

4.83

Dusit Thani Freehold and Leasehold REIT Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															-2.32	6.60	8.82	6.71	-2.86

Dusit Thani Freehold and Leasehold REIT ROCE % Calculation

Dusit Thani Freehold and Leasehold REIT'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 )
	=	376.779	/	( ( (7910.406 - 27.802)	+	(7737.886 - 28.422) )	/ 2 )
	=	376.779	/	( (7882.604	+	7709.464)	/ 2 )
	=	376.779	/	7796.034
	=	4.83 %

Dusit Thani Freehold and Leasehold REIT'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 )
	=	-223.292	/	( ( (7947.448 - 47.144)	+	(7737.886 - 28.422) )	/ 2 )
	=	-223.292	/	( ( 7900.304	+	7709.464 )	/ 2 )
	=	-223.292	/	7804.884
	=	-2.86 %

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

Dusit Thani Freehold and Leasehold REIT (BKK:DREIT) 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.

Dusit Thani Freehold and Leasehold REIT ROCE % Related Terms

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Dusit Thani Freehold and Leasehold REIT (BKK:DREIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Dusit Thani Freehold and Leasehold REIT (BKK:DREIT) » Definitions » ROCE %

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Traded in Other Exchanges

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Address

Phayathai Road, No. 319 Chamchuri Square Building, 29th Floor, Pathumwan Sub-district, Pathumwan District, Bangkok, THA, 10330

Website

https://www.dtcreit.com

Dusit Thani Freehold and Leasehold REIT is a closed-end property fund engaged in seeking funds from investors to invest in property or property leasehold rights. The Trust invests in freehold and leasehold properties, including sublease high-quality real estate, hotels, and other types of property relevant or beneficial to hotel properties. Its operating segment includes Leasing and others. The company generates maximum revenue from the Leasing segment.

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