Landsea Homes (Landsea Homes) ROCE % : -0.47% (As of Mar. 2024)

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What is Landsea Homes 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. Landsea Homes's annualized ROCE % for the quarter that ended in Mar. 2024 was -0.47%.

Landsea Homes ROCE % Historical Data

The historical data trend for Landsea Homes'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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Landsea Homes ROCE % Chart

Landsea Homes Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

23.56

1.07

8.78

14.40

4.63

Landsea Homes Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial													1.92	2.09	4.46	7.22	-0.47

Landsea Homes ROCE % Calculation

Landsea Homes'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 )
	=	40.284	/	( ( (1440.496 - 676.343)	+	(1471.232 - 496.145) )	/ 2 )
	=	40.284	/	( (764.153	+	975.087)	/ 2 )
	=	40.284	/	869.62
	=	4.63 %

Landsea Homes's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	-4.436	/	( ( (1471.232 - 496.145)	+	(1543.377 - 629.94) )	/ 2 )
	=	-4.436	/	( ( 975.087	+	913.437 )	/ 2 )
	=	-4.436	/	944.262
	=	-0.47 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

Landsea Homes (NAS:LSEA) 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.

Landsea Homes ROCE % Related Terms

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Landsea Homes (Landsea Homes) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Landsea Homes Corp (NAS:LSEA) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

8HJ:Germany

Address

660 Newport Center Drive, Suite 300, Newport Beach, CA, USA, 92660

Website

https://www.landseahomes.com

Landsea Homes Corp is a homebuilding company. It designs and builds best-in-class homes and sustainable master-planned communities in some of the nation's most desirable markets. The company's segments include Arizona, California, Florida, Metro New York, and Texas. It derives a majority of revenue from California.

Executives

Elias Farhat	director	C/O LF CAPITAL ACQUISITION CORP, 600 MADISON AVE, NEW YORK NY 10022
Green Investment Alpha Ltd	10 percent owner	595 BURRARD STREET, STE 1000, VANCOUVER A1 V7X1S8
Landsea Holdings Corp	10 percent owner	660 NEWPORT CENTER DRIVE, SUITE 300, NEWPORT BEACH CA 92660
Michael Forsum	officer: President and COO	660 NEWPORT CENTER DRIVE, SUITE 300, NEWPORT BEACH CA 92660
John Ho	director, officer: Chief Executive Officer	660 NEWPORT CENTER DRIVE, SUITE 300, NEWPORT BEACH CA 92660
Christopher T Porter	officer: Chief Financial Officer	CRESCENT REAL ESTATE EQUAITIES LTD, 777 MAIN STREET, FORT WORTH TX 76102
Robert S Miller	director	660 NEWPORT CENTER DRIVE, SUITE 300, NEWPORT BEACH CA 92660
Thomas Hartfield	director	660 NEWPORT CENTER DRIVE, SUITE 300, NEWPORT BEACH CA 92660
Mollie Fadule	director	14273 209TH AVENUE NE, WOODINVILLE WA 98077
Dilliana Stewart	officer: Chief Accounting Officer	C/O LANDSEA HOMES, 660 NEWPORT CENTER DRIVE, SUITE 300, NEWPORT BEACH CA 92660
Xuefeng Bao	other: see explanatory note	1007-102 10 F/K WAH CENTRE, 191 JAVA ROAD, NORTH POINT K3 HONG KONG
Qin Zhou	director	660 NEWPORT CENTER DRIVE, SUITE 300, NEWPORT BEACH CA 92660
Scott A. Reed	director, officer: Chief Financial Officer	901 E. CARY STREET, ONE JAMES CENTER, SUITE 1700, RICHMOND VA 23219
Susan E. Lattmann	director	C/O BED BATH & BEYOND INC., 650 LIBERTY AVENUE, UNION NJ 07083
Trent Schreiner	officer: SVP of Accounting and CAO	660 NEWPORT CENTER DRIVE, SUITE 300, NEWPORT BEACH CA 92660