A&W Revenue Royaltiesome Fund (TSX:AW.UN) ROCE % : 14.05% (As of Jun. 2023)

View and export this data going back to 2002. Start your Free Trial

What is A&W Revenue Royaltiesome Fund 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&W Revenue Royaltiesome Fund's annualized ROCE % for the quarter that ended in Jun. 2023 was 14.05%.

A&W Revenue Royaltiesome Fund ROCE % Historical Data

The historical data trend for A&W Revenue Royaltiesome Fund'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.

A&W Revenue Royaltiesome Fund ROCE % Chart

A&W Revenue Royaltiesome Fund Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

14.33

11.44

13.41

14.52

12.96

A&W Revenue Royaltiesome Fund Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial															13.03	16.11	9.77	14.05	-

A&W Revenue Royaltiesome Fund ROCE % Calculation

A&W Revenue Royaltiesome Fund'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 )
	=	53.307	/	( ( (411.658 - 9.348)	+	(423.743 - 3.127) )	/ 2 )
	=	53.307	/	( (402.31	+	420.616)	/ 2 )
	=	53.307	/	411.463
	=	12.96 %

A&W Revenue Royaltiesome Fund'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: Mar. 2023 )		(Q: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2023 )		(Q: Mar. 2023 )		(Q: Jun. 2023 )
	=	58.504	/	( ( (423.141 - 7.74)	+	(424.597 - 7.001) )	/ 2 )
	=	58.504	/	( ( 415.401	+	417.596 )	/ 2 )
	=	58.504	/	416.4985
	=	14.05 %

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

A&W Revenue Royaltiesome Fund (TSX:AW.UN) 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&W Revenue Royaltiesome Fund ROCE % Related Terms

Thank you for viewing the detailed overview of A&W Revenue Royaltiesome Fund's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

A&W Revenue Royaltiesome Fund (TSX:AW.UN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » A&W Revenue Royalties Income Fund (TSX:AW.UN) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

AWRRF:USA

Address

300-171 West Esplanade, North Vancouver, BC, CAN, V7M 3K9

Website

http://www.awincomefund.ca

A&W Revenue Royalties Income Fund is a limited purpose trust established to invest in A&W Trade Marks Inc, which through its ownership interest in A&W Trade Marks Limited Partnership owns the A&W trade-marks used in the A&W quick service restaurant business in Canada. The company has opened approximately 32 locations, bringing the total number of A&W restaurants to approximately 854, of which almost 845 are franchised and nine are owned and operated corporately. It has granted A&W Food Services of Canada Inc, a license to use the A&W trade-marks to market Root Beer in cans and bottles to the retail grocery trade as well as its acts as a franchisor of hamburger quick-service restaurants in Canada.

A&W Revenue Royaltiesome Fund (TSX:AW.UN) Headlines

No Headlines