Shurgard Self-Storage (XBRU:SHUR) ROCE % : 11.54% (As of Dec. 2023)

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What is Shurgard Self-Storage 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. Shurgard Self-Storage's annualized ROCE % for the quarter that ended in Dec. 2023 was 11.54%.

Shurgard Self-Storage ROCE % Historical Data

The historical data trend for Shurgard Self-Storage'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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Shurgard Self-Storage ROCE % Chart

Shurgard Self-Storage Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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7.88

13.67

18.02

18.33

10.43

Shurgard Self-Storage Semi-Annual Data
	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial											22.63	23.44	13.13	9.58	11.54

Shurgard Self-Storage ROCE % Calculation

Shurgard Self-Storage'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 )
	=	504.367	/	( ( (4659.831 - 117.284)	+	(5353.877 - 228.089) )	/ 2 )
	=	504.367	/	( (4542.547	+	5125.788)	/ 2 )
	=	504.367	/	4834.1675
	=	10.43 %

Shurgard Self-Storage'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 )
	=	566.368	/	( ( (4830.934 - 140.856)	+	(5353.877 - 228.089) )	/ 2 )
	=	566.368	/	( ( 4690.078	+	5125.788 )	/ 2 )
	=	566.368	/	4907.933
	=	11.54 %

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

Shurgard Self-Storage (XBRU:SHUR) 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.

Shurgard Self-Storage ROCE % Related Terms

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Shurgard Self-Storage (XBRU:SHUR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Shurgard Self-Storage SA (XBRU:SHUR) » Definitions » ROCE %

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Traded in Other Exchanges

SSSAF:USA SHURb:UK

Address

11 Rue De l'Industrie, Windhof, Luxembourg, LUX, L-8399

Website

https://www.shurgard.eu

Shurgard Self-Storage SA Formerly Shurgard Self Storage Ltd is an owner and operator of self-storage centers. The company has two reportable segments namely Same Stores and Non-Same Stores. It generates maximum revenue from the Same Stores segment. Geographically, the company derives the majority revenue from France and also has a presence in the Netherlands, UK, Sweden, Belgium, Germany, and Denmark among others.

Shurgard Self-Storage (XBRU:SHUR) Headlines

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