FIBRA Terrafina (FIBRA Terrafina) ROCE % : 9.31% (As of Dec. 2023)

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What is FIBRA Terrafina 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. FIBRA Terrafina's annualized ROCE % for the quarter that ended in Dec. 2023 was 9.31%.

FIBRA Terrafina ROCE % Historical Data

The historical data trend for FIBRA Terrafina'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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FIBRA Terrafina ROCE % Chart

FIBRA Terrafina Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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8.24

4.38

14.07

15.21

15.70

FIBRA Terrafina Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															-4.24	12.50	9.26	30.05	9.31

FIBRA Terrafina ROCE % Calculation

FIBRA Terrafina'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 )
	=	456.265	/	( ( (2807.39 - 86.337)	+	(3192.956 - 101.118) )	/ 2 )
	=	456.265	/	( (2721.053	+	3091.838)	/ 2 )
	=	456.265	/	2906.4455
	=	15.70 %

FIBRA Terrafina's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	287.784	/	( ( (3186.2 - 96.704)	+	(3192.956 - 101.118) )	/ 2 )
	=	287.784	/	( ( 3089.496	+	3091.838 )	/ 2 )
	=	287.784	/	3090.667
	=	9.31 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

FIBRA Terrafina (OTCPK:CBAOF) 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.

FIBRA Terrafina ROCE % Related Terms

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FIBRA Terrafina (FIBRA Terrafina) Business Description

Industry

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TERRA13:Mexico

Address

Andres Bello No 10, 11th Floor, Col. Polanco, Mexico City, DF, MEX, 11560

Website

http://www.terrafina.mx

PLA Administradora Industrial S de RL de CV, which operates under the Terrafina name, is a real estate investment trust that acquires, owns, and develops industrial properties throughout Mexico. The company's real estate portfolio is primarily comprised of large warehouse-like buildings. Most of these facilities are used for manufacturing purposes, while the rest serve as distribution and logistics spaces. The majority of Terrafina's assets are located in Northern Mexico and are mainly used to manufacture electronic components, aerospace products, and automotive features for export to the U.S. The company's largest tenants who, together occupy the majority of its total square footage, are automotive, industrial, and consumer goods firms.