Kinea High Yield Cri Fundo Investimento Imobiliario FII (BSP:KNHY11) ROCE % : 11.73% (As of Jun. 2024)

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What is Kinea High Yield Cri Fundo Investimento Imobiliario FII 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. Kinea High Yield Cri Fundo Investimento Imobiliario FII's annualized ROCE % for the quarter that ended in Jun. 2024 was 11.73%.

Kinea High Yield Cri Fundo Investimento Imobiliario FII ROCE % Historical Data

The historical data trend for Kinea High Yield Cri Fundo Investimento Imobiliario FII'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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Kinea High Yield Cri Fundo Investimento Imobiliario FII ROCE % Chart

Kinea High Yield Cri Fundo Investimento Imobiliario FII Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

ROCE %

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6.28

11.21

16.11

12.39

11.73

Kinea High Yield Cri Fundo Investimento Imobiliario FII Semi-Annual Data
	Jun19	Jun20	Jun21	Jun22	Jun23	Jun24
ROCE %	Get a 7-Day Free Trial			6.28	11.21	16.11	12.39	11.73

Kinea High Yield Cri Fundo Investimento Imobiliario FII ROCE % Calculation

Kinea High Yield Cri Fundo Investimento Imobiliario FII's annualized ROCE % for the fiscal year that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2024 )		(A: Jun. 2023 )		(A: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2024 )		(A: Jun. 2023 )		(A: Jun. 2024 )
	=	277.323	/	( ( (2048.437 - 153.507)	+	(2866.781 - 32.799) )	/ 2 )
	=	277.323	/	( (1894.93	+	2833.982)	/ 2 )
	=	277.323	/	2364.456
	=	11.73 %

Kinea High Yield Cri Fundo Investimento Imobiliario FII's ROCE % of for the quarter that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2024 )		(Q: Jun. 2023 )		(Q: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2024 )		(Q: Jun. 2023 )		(Q: Jun. 2024 )
	=	277.323	/	( ( (2048.437 - 153.507)	+	(2866.781 - 32.799) )	/ 2 )
	=	277.323	/	( ( 1894.93	+	2833.982 )	/ 2 )
	=	277.323	/	2364.456
	=	11.73 %

(1) Note: The EBIT data used here is one times the annual (Jun. 2024) EBIT data.

Kinea High Yield Cri Fundo Investimento Imobiliario FII (BSP:KNHY11) 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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Kinea High Yield Cri Fundo Investimento Imobiliario FII Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Kinea High Yield Cri Fundo Investimento Imobiliario FII (BSP:KNHY11) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

BRIGADEIRO FARIA LIMA, 3400, 10th Floor- ITAIM BIBI, Sau Paulo, SP, BRA, 04538132

Website

https://www.intrag.com.br

Kinea High Yield Cri Fundo Investimento Imobiliario FII is a real estate trust.

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