Kuwait Hotels Co (KUW:KHOT) ROCE % : -0.26% (As of Dec. 2023)

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What is Kuwait Hotels 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. Kuwait Hotels Co's annualized ROCE % for the quarter that ended in Dec. 2023 was -0.26%.

Kuwait Hotels Co ROCE % Historical Data

The historical data trend for Kuwait Hotels 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.

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Kuwait Hotels Co ROCE % Chart

Kuwait Hotels Co Annual Data

Trend

Dec13

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-9.70

-4.54

8.88

9.85

16.85

Kuwait Hotels Co 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															11.36	25.25	14.09	22.88	-0.26

Kuwait Hotels Co ROCE % Calculation

Kuwait Hotels Co'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 )
	=	0.954	/	( ( (6.933 - 1.688)	+	(8.361 - 2.282) )	/ 2 )
	=	0.954	/	( (5.245	+	6.079)	/ 2 )
	=	0.954	/	5.662
	=	16.85 %

Kuwait Hotels Co'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 )
	=	-0.016	/	( ( (8.018 - 1.982)	+	(8.361 - 2.282) )	/ 2 )
	=	-0.016	/	( ( 6.036	+	6.079 )	/ 2 )
	=	-0.016	/	6.0575
	=	-0.26 %

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

Kuwait Hotels Co (KUW:KHOT) 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.

Kuwait Hotels Co ROCE % Related Terms

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Kuwait Hotels Co (KUW:KHOT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Kuwait Hotels Co (KUW:KHOT) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Safat, P. O. Box 833, Kuwait City, KWT, 13009

Website

http://www.khc.com.kw

Kuwait Hotels Co along with its subsidiaries is engaged in owning, operating and managing the hotel, commercial and residential properties. It also provides catering services, importing of durables, machinery and equipment, and investment activities. The company has three operating segments: Hotel management; Catering and manpower supply services and Information technology services.

Kuwait Hotels Co (KUW:KHOT) Headlines

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