CBL & Associates Properties (Old) (CBL & Associates Properties (Old)) ROCE %

: 1.32% (As of Jun. 2021)

View and export this data going back to 2004. Start your Free Trial

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. CBL & Associates Properties (Old)'s annualized ROCE % for the quarter that ended in Jun. 2021 was 1.32%.

CBL & Associates Properties (Old) ROCE % Historical Data

The historical data trend for CBL & Associates Properties (Old)'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.

CBL & Associates Properties (Old) Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

ROCE %

6.85

6.65

1.95

1.48

-2.53

CBL & Associates Properties (Old) Quarterly Data
	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21
ROCE %																-0.36	2.25	-4.04	-0.03	1.32

CBL & Associates Properties (Old) ROCE % Calculation

CBL & Associates Properties (Old)'s annualized ROCE % for the fiscal year that ended in Dec. 2020 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2020 )		(A: Dec. 2019 )		(A: Dec. 2020 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2020 )		(A: Dec. 2019 )		(A: Dec. 2020 )
	=	-109.572	/	( ( (4622.346 - 231.306)	+	(4443.74 - 173.387) )	/ 2 )
	=	-109.572	/	( (4391.04	+	4270.353)	/ 2 )
	=	-109.572	/	4330.6965
	=	-2.53 %

CBL & Associates Properties (Old)'s ROCE % of for the quarter that ended in Jun. 2021 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2021 )		(Q: Mar. 2021 )		(Q: Jun. 2021 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2021 )		(Q: Mar. 2021 )		(Q: Jun. 2021 )
	=	53.772	/	( ( (4280.187 - 185.723)	+	(4264.207 - 188.368) )	/ 2 )
	=	53.772	/	( ( 4094.464	+	4075.839 )	/ 2 )
	=	53.772	/	4085.1515
	=	1.32 %

(1) Note: The EBIT data used here is four times the quarterly (Jun. 2021) EBIT data.

CBL & Associates Properties (Old) (OTCPK:CBLDQ.PFD) 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.

CBL & Associates Properties (Old) ROCE % Related Terms

Thank you for viewing the detailed overview of CBL & Associates Properties (Old)'s ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

CBL & Associates Properties (Old) (CBL & Associates Properties (Old)) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » CBL & Associates Properties Inc (Old) (OTCPK:CBLDQ.PFD) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

2030 Hamilton Place Boulevard, CBL Center, Suite 500, Chattanooga, TN, USA, 37421

Website

https://www.cblproperties.com

CBL & Associates Properties Inc is a U.S.-based real estate investment trust. The company engages in managing, acquiring, and leasing residential and commercial properties. Its portfolio of properties spans 24 states, mostly in the Southeastern and Midwestern regions of the United States. CBL's sales predominantly derive from leasing arrangements with retail tenants. The company also generates revenue from management and development fees, as well as sales of its real estate assets. CBL expands its portfolio of assets through activities such as redevelopment, renovation, and expansion.