A. Tsokkos Hotels Public (CYS:TSH) ROCE % : 0.12% (As of Jun. 2023)

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What is A. Tsokkos Hotels Public 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. A. Tsokkos Hotels Public's annualized ROCE % for the quarter that ended in Jun. 2023 was 0.12%.

A. Tsokkos Hotels Public ROCE % Historical Data

The historical data trend for A. Tsokkos Hotels Public'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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A. Tsokkos Hotels Public ROCE % Chart

A. Tsokkos Hotels Public Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

ROCE %

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3.85

3.10

-2.46

-0.41

1.25

A. Tsokkos Hotels Public Semi-Annual Data
	Dec12	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
ROCE %	Get a 7-Day Free Trial															-0.64	-0.19	-1.02	3.53	0.12

A. Tsokkos Hotels Public ROCE % Calculation

A. Tsokkos Hotels Public's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	5.833	/	( ( (498.567 - 44.663)	+	(534.194 - 56.559) )	/ 2 )
	=	5.833	/	( (453.904	+	477.635)	/ 2 )
	=	5.833	/	465.7695
	=	1.25 %

A. Tsokkos Hotels Public's ROCE % of for the quarter that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2023 )		(Q: Dec. 2022 )		(Q: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2023 )		(Q: Dec. 2022 )		(Q: Jun. 2023 )
	=	0.576	/	( ( (534.194 - 56.559)	+	(526.592 - 61.385) )	/ 2 )
	=	0.576	/	( ( 477.635	+	465.207 )	/ 2 )
	=	0.576	/	471.421
	=	0.12 %

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

A. Tsokkos Hotels Public (CYS:TSH) 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.

A. Tsokkos Hotels Public ROCE % Related Terms

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A. Tsokkos Hotels Public (CYS:TSH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » A. Tsokkos Hotels Public (CYS:TSH) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

38 Nissi Avenue, P.O.Box 30221, Ayia Napa, CYP, 5341

Website

https://www.tsokkos.com

A. Tsokkos Hotels Public operates a chain of hotels and hotel apartments. The firm operates hotels in the Cypriot towns of Protaras, Ayia Napa, Limassol, and Paphos, and in Egypt. It operates a wide range of businesses such as Hotels, Land Developing, Real Estate, Properties, Restaurants, and Leisure.

A. Tsokkos Hotels Public (CYS:TSH) Headlines

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