Corpfin Capital Prime Retail III (XMAD:PR3) ROCE % : -5.23% (As of Jun. 2023)

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What is Corpfin Capital Prime Retail III 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. Corpfin Capital Prime Retail III's annualized ROCE % for the quarter that ended in Jun. 2023 was -5.23%.

Corpfin Capital Prime Retail III ROCE % Historical Data

The historical data trend for Corpfin Capital Prime Retail III'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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Corpfin Capital Prime Retail III ROCE % Chart

Corpfin Capital Prime Retail III Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

ROCE %

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28.11

20.07

13.43

20.92

14.50

Corpfin Capital Prime Retail III Semi-Annual Data
	Dec14	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
ROCE %	Get a 7-Day Free Trial												34.28	-4.29	19.69	9.62	-5.23

Corpfin Capital Prime Retail III ROCE % Calculation

Corpfin Capital Prime Retail III's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	1.13	/	( ( (8.167 - 0.135)	+	(7.748 - 0.195) )	/ 2 )
	=	1.13	/	( (8.032	+	7.553)	/ 2 )
	=	1.13	/	7.7925
	=	14.50 %

Corpfin Capital Prime Retail III's ROCE % of for the quarter that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2023 )		(Q: Dec. 2022 )		(Q: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2023 )		(Q: Dec. 2022 )		(Q: Jun. 2023 )
	=	-0.308	/	( ( (7.748 - 0.195)	+	(4.428 - 0.207) )	/ 2 )
	=	-0.308	/	( ( 7.553	+	4.221 )	/ 2 )
	=	-0.308	/	5.887
	=	-5.23 %

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

Corpfin Capital Prime Retail III (XMAD:PR3) 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.

Corpfin Capital Prime Retail III ROCE % Related Terms

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Corpfin Capital Prime Retail III (XMAD:PR3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Corpfin Capital Prime Retail III SA (XMAD:PR3) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Serrano 57, 5th Floor, Madrid, ESP, 28006

Website

http://www.corpfincapitalprimeretailiiisocimi.com

Corpfin Capital Prime Retail III SA is a real estate investment trust. The company's main activity is the acquisition and promotion of prime retail assets in the main cities of Spain for its future development, lease and divestment.

Corpfin Capital Prime Retail III (XMAD:PR3) Headlines

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