Hospitality firms face a destructive cycle of being harmed by inflation and contributing to it as their costs rise.
The formula for this calculation on ONE Group Hospitality is: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) 0.028 = US$23m ÷ (US$ ...
The formula for this calculation on Target Hospitality is: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) 0.39 = US$179m ÷ (US$697m ...