Atlantic 1 - Fondo Comune di Investimento Immobiliare Chiuso (MIL:QFATL) ROCE % : -2.25% (As of Dec. 2023)

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What is Atlantic 1 - Fondo Comune di Investimento Immobiliare Chiuso 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. Atlantic 1 - Fondo Comune di Investimento Immobiliare Chiuso's annualized ROCE % for the quarter that ended in Dec. 2023 was -2.25%.

Atlantic 1 - Fondo Comune di Investimento Immobiliare Chiuso ROCE % Historical Data

The historical data trend for Atlantic 1 - Fondo Comune di Investimento Immobiliare Chiuso'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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Atlantic 1 - Fondo Comune di Investimento Immobiliare Chiuso ROCE % Chart

Atlantic 1 - Fondo Comune di Investimento Immobiliare Chiuso Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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9.82

3.55

-4.92

-4.28

-28.69

Atlantic 1 - Fondo Comune di Investimento Immobiliare Chiuso Semi-Annual Data
	Jun14	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															1.26	1.20	-10.00	-54.17	-2.25

Atlantic 1 - Fondo Comune di Investimento Immobiliare Chiuso ROCE % Calculation

Atlantic 1 - Fondo Comune di Investimento Immobiliare Chiuso'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 )
	=	-44.434	/	( ( (185.232 - 2.516)	+	(127.868 - 0.867) )	/ 2 )
	=	-44.434	/	( (182.716	+	127.001)	/ 2 )
	=	-44.434	/	154.8585
	=	-28.69 %

Atlantic 1 - Fondo Comune di Investimento Immobiliare Chiuso'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 )
	=	-2.94	/	( ( (136.775 - 2.237)	+	(127.868 - 0.867) )	/ 2 )
	=	-2.94	/	( ( 134.538	+	127.001 )	/ 2 )
	=	-2.94	/	130.7695
	=	-2.25 %

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

Atlantic 1 - Fondo Comune di Investimento Immobiliare Chiuso (MIL:QFATL) 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.

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Atlantic 1 - Fondo Comune di Investimento Immobiliare Chiuso (MIL:QFATL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Atlantic 1 - Fondo Comune di Investimento Immobiliare Chiuso (MIL:QFATL) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

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Address

Via Mercadante, 18, Rome, ITA, 00198

Website

http://www.fondoatlantic1.it

Atlantic 1 - Fondo Comune di Investimento Immobiliare Chiuso is a closed-end real estate investment fund. It operates approximately 7 properties for office use, 1 property for use as a canteen use, and 38 properties for commercial use. It is used by both private and institutional investors.

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