HMG/Courtland Properties (HMG/Courtland Properties) ROCE % : 6.06% (As of Sep. 2021)

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What is HMG/Courtland Properties 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. HMG/Courtland Properties's annualized ROCE % for the quarter that ended in Sep. 2021 was 6.06%.

HMG/Courtland Properties ROCE % Historical Data

The historical data trend for HMG/Courtland Properties'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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HMG/Courtland Properties ROCE % Chart

HMG/Courtland Properties Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

ROCE %

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-2.03

-1.03

-5.83

1.64

-4.76

HMG/Courtland Properties Quarterly Data
	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21
ROCE %	Get a 7-Day Free Trial															0.27	-1.62	-7.58	-4.42	6.06

HMG/Courtland Properties ROCE % Calculation

HMG/Courtland Properties's annualized ROCE % for the fiscal year that ended in Dec. 2020 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2020 )		(A: Dec. 2019 )		(A: Dec. 2020 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2020 )		(A: Dec. 2019 )		(A: Dec. 2020 )
	=	-1.008	/	( ( (33.012 - 10.878)	+	(20.892 - 0.71) )	/ 2 )
	=	-1.008	/	( (22.134	+	20.182)	/ 2 )
	=	-1.008	/	21.158
	=	-4.76 %

HMG/Courtland Properties's ROCE % of for the quarter that ended in Sep. 2021 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2021 )		(Q: Jun. 2021 )		(Q: Sep. 2021 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2021 )		(Q: Jun. 2021 )		(Q: Sep. 2021 )
	=	1.188	/	( ( (19.942 - 0.479)	+	(19.91 - 0.164) )	/ 2 )
	=	1.188	/	( ( 19.463	+	19.746 )	/ 2 )
	=	1.188	/	19.6045
	=	6.06 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2021) EBIT data.

HMG/Courtland Properties (AMEX:HMG) 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.

HMG/Courtland Properties ROCE % Related Terms

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HMG/Courtland Properties (HMG/Courtland Properties) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » HMG/Courtland Properties Inc (AMEX:HMG) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1870 South Bayshore Drive, Coconut Grove, Miami, FL, USA, 33133

Website

https://www.hmgcourtland.com

HMG/Courtland Properties Inc is a real estate investment trust. Its business is the ownership and management of income-producing commercial properties. The company invests its idle cash in marketable securities and acquires real estate and other investments utilizing available cash or borrowing funds. The company's portfolio of REIT marketable securities consists of the preferred and non-preferred equity of large capital publicly traded REITs. The company's other investments consist primarily of nominal equity interests in various privately-held entities. The company generates revenue from the property rental operations of its corporate offices.

Executives

Alexander J Arader	director	1870 SOUTH BAYSHORE DRIVE COCONUT GROVE FL 33133
Richard N Wiener	director	1870 SOUTH BAYSHORE DRIVE COCONUT GROVE FL 33133
Maurice A Weiner	director, officer: Chairman & CEO	1870 SOUTH BAYSHORE DRIVE COCONUT GROVE FL 33133
Carlos Camarotti	officer: Vice Pres. and Asst. Secty	1870 SOUTH BAYSHORE DRIVE COCONUT GROVE FL 33133
C M Dusseau	director	1870 SOUTH BAYSHORE DRIVE COCONUT GROVE FL 33133
Alan N Finkelstein	director	1870 SOUTH BAYSHORE DRIVE COCONUT GROVE FL 33133
Walter G. Arader	director	1870 SOUTH BAYSHORE DRIVE COCONUT GROVE FL 33133
Harvey Comita	director	1870 SOUTH BAYSHORE DRIVE COCONUT GROVE FL 33133
Lawrence I Rothstein	director, officer: President,Treasurer and Sec.	1870 SOUTH BAYSHORE DRIVE COCONUT GROVE FL 33133

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