High Performance Real Estate Investments Co (AMM:HIPR) ROCE % : 0.00% (As of Jun. 2024)

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What is High Performance Real Estate Investments Co 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. High Performance Real Estate Investments Co's annualized ROCE % for the quarter that ended in Jun. 2024 was 0.00%.

High Performance Real Estate Investments Co ROCE % Historical Data

The historical data trend for High Performance Real Estate Investments Co'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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High Performance Real Estate Investments Co ROCE % Chart

High Performance Real Estate Investments Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-0.77

-0.98

-0.26

-1.05

-1.61

High Performance Real Estate Investments Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
ROCE %	Get a 7-Day Free Trial															0.05	-0.35	-5.34	-0.64	-

High Performance Real Estate Investments Co ROCE % Calculation

High Performance Real Estate Investments Co'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 )
	=	-0.133	/	( ( (8.868 - 0.457)	+	(8.512 - 0.438) )	/ 2 )
	=	-0.133	/	( (8.411	+	8.074)	/ 2 )
	=	-0.133	/	8.2425
	=	-1.61 %

High Performance Real Estate Investments Co's ROCE % of for the quarter that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2024 )		(Q: Mar. 2024 )		(Q: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2024 )		(Q: Mar. 2024 )		(Q: Jun. 2024 )
	=	0	/	( ( (8.486 - 0.427)	+	(8.511 - 0.426) )	/ 2 )
	=	0	/	( ( 8.059	+	8.085 )	/ 2 )
	=	0	/	8.072
	=	0.00 %

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

High Performance Real Estate Investments Co (AMM:HIPR) 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.

High Performance Real Estate Investments Co ROCE % Related Terms

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High Performance Real Estate Investments Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » High Performance Real Estate Investments Co PLC (AMM:HIPR) » Definitions » ROCE %

Comparable Companies

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N/A

Address

Gardens street, P.O. Box 3778, PC Plaza Complex Office 301, Amman, JOR, 11953

Website

High Performance Real Estate Investments Co PLC is a company engaged in the purchase, sale, rent, management, and investment in real estate and property. The main objectives of the company are purchasing and possession of lands to build and sell residential apartments, and the construction of a commercial complex for rental. It is also involved in managing real estate projects and properties and buying and selling housing and commercial properties.