NexPoint Hospitality Trust (TSXV:NHT.U) ROCE % : 8.56% (As of Dec. 2023)

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What is NexPoint Hospitality Trust 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. NexPoint Hospitality Trust's annualized ROCE % for the quarter that ended in Dec. 2023 was 8.56%.

NexPoint Hospitality Trust ROCE % Historical Data

The historical data trend for NexPoint Hospitality Trust'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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NexPoint Hospitality Trust ROCE % Chart

NexPoint Hospitality Trust Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

2.53

-35.91

20.12

10.24

4.55

NexPoint Hospitality Trust 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															23.96	4.29	10.64	2.27	8.56

NexPoint Hospitality Trust ROCE % Calculation

NexPoint Hospitality Trust'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 )
	=	8.296	/	( ( (308.205 - 45.256)	+	(202.584 - 100.818) )	/ 2 )
	=	8.296	/	( (262.949	+	101.766)	/ 2 )
	=	8.296	/	182.3575
	=	4.55 %

NexPoint Hospitality Trust'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 )
	=	9.068	/	( ( (296.586 - 186.557)	+	(202.584 - 100.818) )	/ 2 )
	=	9.068	/	( ( 110.029	+	101.766 )	/ 2 )
	=	9.068	/	105.8975
	=	8.56 %

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

NexPoint Hospitality Trust (TSXV:NHT.U) 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.

NexPoint Hospitality Trust ROCE % Related Terms

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NexPoint Hospitality Trust (TSXV:NHT.U) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » NexPoint Hospitality Trust (TSXV:NHT.U) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

333 Bay Street, Suite 3400, Toronto, ON, CAN, M5H 2S7

Website

https://www.nexpointhospitality.com

NexPoint Hospitality Trust is an open-ended real estate investment trust. The REIT has been created for the purpose of acquiring a portfolio of hospitality assets located in the United States and raising capital to acquire additional U.S.-located hospitality assets that meet its investment objectives. The objectives of NHT are to provide unitholders with an opportunity to invest in an initial portfolio of extended-stay, select-service, and efficient full-service hotels. It has one segment owning and operating hotel properties in the U.S.

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