Ryman Hospitality Properties (FRA:4RH) ROCE % : 8.95% (As of Mar. 2024)

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What is Ryman Hospitality Properties 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. Ryman Hospitality Properties's annualized ROCE % for the quarter that ended in Mar. 2024 was 8.95%.

Ryman Hospitality Properties ROCE % Historical Data

The historical data trend for Ryman Hospitality Properties'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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Ryman Hospitality Properties ROCE % Chart

Ryman Hospitality Properties Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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7.71

-8.50

-2.08

9.86

10.93

Ryman Hospitality Properties Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															11.46	11.86	8.94	11.16	8.95

Ryman Hospitality Properties ROCE % Calculation

Ryman Hospitality Properties'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 )
	=	421.332	/	( ( (3814.348 - 376.92)	+	(4757.888 - 488.442) )	/ 2 )
	=	421.332	/	( (3437.428	+	4269.446)	/ 2 )
	=	421.332	/	3853.437
	=	10.93 %

Ryman Hospitality Properties's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	381.74	/	( ( (4757.888 - 488.442)	+	(4682.155 - 424.77) )	/ 2 )
	=	381.74	/	( ( 4269.446	+	4257.385 )	/ 2 )
	=	381.74	/	4263.4155
	=	8.95 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

Ryman Hospitality Properties (FRA:4RH) 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.

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Ryman Hospitality Properties (FRA:4RH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Ryman Hospitality Properties Inc (FRA:4RH) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

RHP:USA

Address

One Gaylord Drive, Nashville, TN, USA, 37214

Website

https://www.rymanhp.com

Ryman Hospitality Properties Inc is a lodging and hospitality real estate investment trust that specializes in upscale convention center resorts and country music entertainment experiences. Its core holdings are Gaylord Opryland Resort & Convention Center; Gaylord Palms Resort & Convention Center; Gaylord Texan Resort & Convention Center; Gaylord National Resort & Convention Center; and Gaylord Rockies Resort & Convention Center. The company has three business segments: Hospitality, which includes Gaylord Hotels properties, the Inn at Opryland, and the AC Hotel, Entertainment which includes the entertainment and media assets comprising OEG, and Corporate and Other, which includes corporate expenses. It derives the vast majority of its revenue from its hospitality segment.

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