GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Candlewood Hotel Co Inc (OTCPK:CNDL) » Definitions » ROCE %

Candlewood Hotel Co (Candlewood Hotel Co) ROCE % : -5.75% (As of Sep. 2003)


View and export this data going back to 1996. Start your Free Trial

What is Candlewood Hotel Co 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. Candlewood Hotel Co's annualized ROCE % for the quarter that ended in Sep. 2003 was -5.75%.


Candlewood Hotel Co ROCE % Historical Data

The historical data trend for Candlewood Hotel Co'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.

Candlewood Hotel Co ROCE % Chart

Candlewood Hotel Co Annual Data
Trend Dec96 Dec97 Dec98 Dec99 Dec00 Dec01 Dec02
ROCE %
Get a 7-Day Free Trial -13.54 10.68 7.05 12.53 54.39

Candlewood Hotel Co Quarterly Data
Dec98 Mar99 Jun99 Sep99 Dec99 Mar00 Jun00 Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.00 -22.09 -10.10 -15.11 -5.75

Candlewood Hotel Co ROCE % Calculation

Candlewood Hotel Co's annualized ROCE % for the fiscal year that ended in Dec. 2002 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2002 )  (A: Dec. 2001 )(A: Dec. 2002 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2002 )  (A: Dec. 2001 )(A: Dec. 2002 )
=124.623/( ( (321.338 - 16.364) + (168.337 - 15.083) )/ 2 )
=124.623/( (304.974+153.254)/ 2 )
=124.623/229.114
=54.39 %

Candlewood Hotel Co's ROCE % of for the quarter that ended in Sep. 2003 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Sep. 2003 )  (Q: Jun. 2003 )(Q: Sep. 2003 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2003 )  (Q: Jun. 2003 )(Q: Sep. 2003 )
=-8.46/( ( (164.56 - 16.575) + (162.2 - 16.104) )/ 2 )
=-8.46/( ( 147.985 + 146.096 )/ 2 )
=-8.46/147.0405
=-5.75 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2003) EBIT data.

* 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.


Candlewood Hotel Co  (OTCPK:CNDL) 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.


Candlewood Hotel Co ROCE % Related Terms

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


Candlewood Hotel Co (Candlewood Hotel Co) Business Description

Traded in Other Exchanges
N/A
Address
8621 East 21st Street North, Suite 200, Wichita, KS, USA, 67206
Candlewood Hotel Co Inc, along with its subsidiaries operates as a franchisor, manager and on an owned and leased basis. It focuses on managing and franchising hotels, whilst its business partners own the bricks and mortar.
Executives
Elaine Healy director
Rohit M Desai other: See Footnotes 410 PARK AVENUE, SUITE 830, NEW YORK NY 10022
Jpmorgan Chase & Co other: See Footnotes 383 MADISON AVENUE, NEW YORK NY 10017
Cvca, Llc other: See Footnote 2 J.P. MORGAN PARTNERS, LLC, 270 PARK AVENUE, NEW YORK NY 10017
Jp Morgan Partners Bhca Lp other: See footnote 2 J.P. MORGAN PARTNERS, 270 PARK AVENUE, NEW YORK NY 10017
Jpmp Master Fund Manager L P other: See footnote (2) C/O JPMORGAN PARTNERS LLC, 270 PARK AVENUE 39TH FLOOR, NEW YORK NY 10017
Jpmp Capital Corp other: See footnote (2) C/O JPMORGAN PARTNERS, 1221 AVENUE OF THE AMERICAS 40TH FL., NEW YORK NY 10020
Mony Life Insurance Co other: Please see Footnote 2 1290 AVENUE OF THE AMERICAS, MAIL STOP 11-18, NEW YORK NY 10104

Candlewood Hotel Co (Candlewood Hotel Co) Headlines

No Headlines