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IREIT Global (SGX:UD1U) ROCE % : -20.72% (As of Dec. 2023)


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What is IREIT Global 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. IREIT Global's annualized ROCE % for the quarter that ended in Dec. 2023 was -20.72%.


IREIT Global ROCE % Historical Data

The historical data trend for IREIT Global'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.

IREIT Global ROCE % Chart

IREIT Global Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.72 4.49 17.38 4.37 -12.00

IREIT Global Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 23.88 12.82 -4.19 -3.34 -20.72

IREIT Global ROCE % Calculation

IREIT Global'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 )
=-169.848/( ( (1488.04 - 35.701) + (1441.161 - 62.328) )/ 2 )
=-169.848/( (1452.339+1378.833)/ 2 )
=-169.848/1415.586
=-12.00 %

IREIT Global'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: Jun. 2023 )(Q: Dec. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2023 )  (Q: Jun. 2023 )(Q: Dec. 2023 )
=-291.63/( ( (1474.137 - 38.532) + (1441.161 - 62.328) )/ 2 )
=-291.63/( ( 1435.605 + 1378.833 )/ 2 )
=-291.63/1407.219
=-20.72 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

* 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.


IREIT Global  (SGX:UD1U) 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.


IREIT Global ROCE % Related Terms

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IREIT Global (SGX:UD1U) Business Description

Traded in Other Exchanges
Address
1 Wallich Street, No. 15-03 Guoco Tower, Singapore, SGP, 078881
IREIT Global is a real estate investment trust. It invests directly or indirectly, in a portfolio of income-producing real estate in Europe, which is used for office purposes, as well as real estate-related assets. The company's properties portfolio comprises 37 properties & German portfolio includes Berlin Campus, Bonn Campus, Darmstadt Campus, Munster Campus, and Concor Park.

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