Inter Residence Fundo DE Investimento Imobiliario -FII (BSP:INRD11) ROCE % : 5.44% (As of Jun. 2024)

View and export this data going back to 2019. Start your Free Trial

What is Inter Residence Fundo DE 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. Inter Residence Fundo DE Investimento Imobiliario -FII's annualized ROCE % for the quarter that ended in Jun. 2024 was 5.44%.

Inter Residence Fundo DE Investimento Imobiliario -FII ROCE % Historical Data

The historical data trend for Inter Residence Fundo DE 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.

* Premium members only.

Inter Residence Fundo DE Investimento Imobiliario -FII ROCE % Chart

Inter Residence Fundo DE Investimento Imobiliario -FII Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

ROCE %

2.16

4.72

5.34

5.41

Inter Residence Fundo DE Investimento Imobiliario -FII Semi-Annual Data
	Jun20	Jun21	Jun22	Jun23	Jun24
ROCE %	2.16	4.72	5.34	5.41	5.44

Inter Residence Fundo DE Investimento Imobiliario -FII ROCE % Calculation

Inter Residence Fundo DE Investimento Imobiliario -FII'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 )
	=	6.896	/	( ( (115.721 - 0.62)	+	(140.485 - 0.849) )	/ 2 )
	=	6.896	/	( (115.101	+	139.636)	/ 2 )
	=	6.896	/	127.3685
	=	5.41 %

Inter Residence Fundo DE 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 )
	=	7.408	/	( ( (140.485 - 0.849)	+	(133.666 - 0.81) )	/ 2 )
	=	7.408	/	( ( 139.636	+	132.856 )	/ 2 )
	=	7.408	/	136.246
	=	5.44 %

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

Inter Residence Fundo DE Investimento Imobiliario -FII (BSP:INRD11) 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.

Inter Residence Fundo DE Investimento Imobiliario -FII ROCE % Related Terms

Thank you for viewing the detailed overview of Inter Residence Fundo DE Investimento Imobiliario -FII's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Inter Residence Fundo DE Investimento Imobiliario -FII Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Inter Residence Fundo DE Investimento Imobiliario -FII (BSP:INRD11) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Avenue Presidente Juscelino Kubitschek, 1400 - 8th Floor, Condminio Maria Cecilia Lara Campos - Itaim Bibi, Sao Paulo, SP, BRA, 04543-000

Website

https://alugue.luggo.com.br

Inter Residence Fundo DE Investimento Imobiliario -FII formerly Luggo Fundo DE Investimento Imobiliario - FII is a real estate investment fund which focuses its investments in the residential construction sector.

Inter Residence Fundo DE Investimento Imobiliario -FII Headlines

No Headlines