Hsi Malls Fundo DE Investimento Imobiliario (BSP:HSML11) ROCE % : 6.50% (As of Jun. 2023)

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What is Hsi Malls Fundo DE Investimento Imobiliario 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. Hsi Malls Fundo DE Investimento Imobiliario's annualized ROCE % for the quarter that ended in Jun. 2023 was 6.50%.

Hsi Malls Fundo DE Investimento Imobiliario ROCE % Historical Data

The historical data trend for Hsi Malls Fundo DE Investimento Imobiliario'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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Hsi Malls Fundo DE Investimento Imobiliario ROCE % Chart

Hsi Malls Fundo DE Investimento Imobiliario Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

ROCE %

0.92

3.93

4.34

6.50

Hsi Malls Fundo DE Investimento Imobiliario Semi-Annual Data
	Jun20	Jun21	Jun22	Jun23
ROCE %	0.92	3.93	4.34	6.50

Hsi Malls Fundo DE Investimento Imobiliario ROCE % Calculation

Hsi Malls Fundo DE Investimento Imobiliario's annualized ROCE % for the fiscal year that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	157.367	/	( ( (2460.755 - 45.689)	+	(2462.639 - 34.186) )	/ 2 )
	=	157.367	/	( (2415.066	+	2428.453)	/ 2 )
	=	157.367	/	2421.7595
	=	6.50 %

Hsi Malls Fundo DE Investimento Imobiliario's ROCE % of for the quarter that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2023 )		(Q: Jun. 2022 )		(Q: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2023 )		(Q: Jun. 2022 )		(Q: Jun. 2023 )
	=	157.367	/	( ( (2460.755 - 45.689)	+	(2462.639 - 34.186) )	/ 2 )
	=	157.367	/	( ( 2415.066	+	2428.453 )	/ 2 )
	=	157.367	/	2421.7595
	=	6.50 %

(1) Note: The EBIT data used here is one times the annual (Jun. 2023) EBIT data.

Hsi Malls Fundo DE Investimento Imobiliario (BSP:HSML11) 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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Hsi Malls Fundo DE Investimento Imobiliario (BSP:HSML11) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Hsi Malls Fundo DE Investimento Imobiliario (BSP:HSML11) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Avenue Brig. Faria Lima, 3729, 7th floor, Itaim Bibi, Sao Paulo, SP, BRA, 04538-905

Website

https://www.hsinvest.com

Hsi Malls Fundo DE Investimento Imobiliario is a Brazil-based company engaged in real estate and credit business. Its real estate holdings include Cipasa Urbanismo, GoodStorage, Saphyr Shopping Centers, and office and logistics properties in Brazil.

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