Alexandria Real Estate Equities (BSP:A1RE34) ROCE % : 2.97% (As of Mar. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Alexandria Real Estate Equities 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. Alexandria Real Estate Equities's annualized ROCE % for the quarter that ended in Mar. 2024 was 2.97%.

Alexandria Real Estate Equities ROCE % Historical Data

The historical data trend for Alexandria Real Estate Equities'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.

Alexandria Real Estate Equities ROCE % Chart

Alexandria Real Estate Equities Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

3.88

5.65

3.30

2.37

1.00

Alexandria Real Estate Equities Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															1.57	1.67	0.92	-0.12	2.97

Alexandria Real Estate Equities ROCE % Calculation

Alexandria Real Estate Equities'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 )
	=	1740.399	/	( ( (186334.437 - 8775.208)	+	(180172.515 - 9804.877) )	/ 2 )
	=	1740.399	/	( (177559.229	+	170367.638)	/ 2 )
	=	1740.399	/	173963.4335
	=	1.00 %

Alexandria Real Estate Equities's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	5178.792	/	( ( (180172.515 - 9804.877)	+	(187733.709 - 9260.839) )	/ 2 )
	=	5178.792	/	( ( 170367.638	+	178472.87 )	/ 2 )
	=	5178.792	/	174420.254
	=	2.97 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

Alexandria Real Estate Equities (BSP:A1RE34) 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.

Alexandria Real Estate Equities ROCE % Related Terms

Thank you for viewing the detailed overview of Alexandria Real Estate Equities's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Alexandria Real Estate Equities (BSP:A1RE34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Alexandria Real Estate Equities Inc (BSP:A1RE34) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

ARE:USA A6W:Germany

Address

26 North Euclid Avenue, Pasadena, CA, USA, 91101

Website

https://www.are.com

Alexandria Real Estate Equities Inc is an urban office real estate investment trust (REIT). It is engaged in the business of providing space for lease to life science, agtech, and technology tenants. The company has established a significant market presence in key locations, including Greater Boston, the San Francisco Bay Area, New York City, San Diego, Seattle, Maryland, and Research Triangle. Alexandria has a longstanding and proven track record of developing Class A properties clustered in urban life science, agtech, and technology campuses that provide tenants with highly dynamic and collaborative environments. Alexandria also provides strategic capital to transformative life science, agtech, and technology companies through venture capital platform.

Alexandria Real Estate Equities (BSP:A1RE34) Headlines

No Headlines