British Land Co (British Land Co) ROCE % : 0.19% (As of Sep. 2023)

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What is British Land Co 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. British Land Co's annualized ROCE % for the quarter that ended in Sep. 2023 was 0.19%.

British Land Co ROCE % Historical Data

The historical data trend for British Land Co'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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British Land Co ROCE % Chart

British Land Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

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-1.75

-8.88

-10.84

11.39

-10.57

British Land Co Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
ROCE %	Get a 7-Day Free Trial															9.49	13.43	0.53	-24.83	0.19

British Land Co ROCE % Calculation

British Land Co's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	-1145.631	/	( ( (13056.653 - 615.283)	+	(10060.68 - 830.097) )	/ 2 )
	=	-1145.631	/	( (12441.37	+	9230.583)	/ 2 )
	=	-1145.631	/	10835.9765
	=	-10.57 %

British Land Co's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	17.326	/	( ( (10060.68 - 830.097)	+	(10018.564 - 726.485) )	/ 2 )
	=	17.326	/	( ( 9230.583	+	9292.079 )	/ 2 )
	=	17.326	/	9261.331
	=	0.19 %

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

British Land Co (OTCPK:BTLCY) 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.

British Land Co ROCE % Related Terms

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British Land Co (British Land Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » British Land Co PLC (OTCPK:BTLCY) » Definitions » ROCE %

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BRLAF:USA BLNDl:UK BLND:UK BLD:Germany

Address

45 Seymour Street, York House, London, GBR, W1H 7LX

Website

https://www.britishland.com

British Land Co PLC is a real estate investment trust that owns, manages, and develops a portfolio of properties across the United Kingdom. The REIT categorizes its portfolio into three types: Offices, Retail, and Canada Water. The retail and leisure portfolio, which accounts for approximately half of total assets, consists of retail stores, shopping centers, and leisure venues. The offices and residential portfolio focuses on offices and residential buildings in London and the West End region and also accounts for approximately half of the entire portfolio. Development, the remaining small portion of portfolio value, represents British Land's London-based development projects.

British Land Co (British Land Co) Headlines

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