Real Estate Split (TSX:RS) ROCE % : 10.05% (As of Dec. 2023)

View and export this data going back to 2020. Start your Free Trial

What is Real Estate Split 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. Real Estate Split's annualized ROCE % for the quarter that ended in Dec. 2023 was 10.05%.

Real Estate Split ROCE % Historical Data

The historical data trend for Real Estate Split'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.

Real Estate Split ROCE % Chart

Real Estate Split Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

ROCE %

-1.16

34.07

-29.48

5.35

Real Estate Split Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial			29.45	-61.73	-2.36	0.19	10.05

Real Estate Split ROCE % Calculation

Real Estate Split'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 )
	=	3.919	/	( ( (121.094 - 54.639)	+	(150.246 - 70.186) )	/ 2 )
	=	3.919	/	( (66.455	+	80.06)	/ 2 )
	=	3.919	/	73.2575
	=	5.35 %

Real Estate Split'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: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	7.704	/	( ( (137.038 - 63.806)	+	(150.246 - 70.186) )	/ 2 )
	=	7.704	/	( ( 73.232	+	80.06 )	/ 2 )
	=	7.704	/	76.646
	=	10.05 %

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

Real Estate Split (TSX:RS) 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.

Real Estate Split ROCE % Related Terms

Thank you for viewing the detailed overview of Real Estate Split's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Real Estate Split (TSX:RS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Real Estate Split Corp (TSX:RS) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

RS.PR.A.PFD:Canada

Address

8 Spadina Avenue, Suite 3100, Toronto, ON, CAN, M5V 0S8

Website

https://www.middlefield.com

Real Estate Split Corp invests in a diversified, actively managed, high conviction portfolio of Real Estate Issuers engaged in e-commerce, data infrastructure as well as the multi-family, retail, office and healthcare sectors.