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AIM Industrial Growth Freehold And Leasehold REIT (BKK:AIMIRT) ROCE % : 5.99% (As of Mar. 2024)


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What is AIM Industrial Growth Freehold And Leasehold REIT 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. AIM Industrial Growth Freehold And Leasehold REIT's annualized ROCE % for the quarter that ended in Mar. 2024 was 5.99%.


AIM Industrial Growth Freehold And Leasehold REIT ROCE % Historical Data

The historical data trend for AIM Industrial Growth Freehold And Leasehold REIT'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.

AIM Industrial Growth Freehold And Leasehold REIT ROCE % Chart

AIM Industrial Growth Freehold And Leasehold REIT Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.41 6.94 6.76 7.73 6.10

AIM Industrial Growth Freehold And Leasehold REIT Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.41 7.06 5.98 4.92 5.99

AIM Industrial Growth Freehold And Leasehold REIT ROCE % Calculation

AIM Industrial Growth Freehold And Leasehold REIT'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 )
=662.151/( ( (11154.179 - 281.919) + (11067.972 - 242.77) )/ 2 )
=662.151/( (10872.26+10825.202)/ 2 )
=662.151/10848.731
=6.10 %

AIM Industrial Growth Freehold And Leasehold REIT's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=647.852/( ( (11067.972 - 242.77) + (11052.265 - 230.984) )/ 2 )
=647.852/( ( 10825.202 + 10821.281 )/ 2 )
=647.852/10823.2415
=5.99 %

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

* 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.


AIM Industrial Growth Freehold And Leasehold REIT  (BKK:AIMIRT) 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.


AIM Industrial Growth Freehold And Leasehold REIT ROCE % Related Terms

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AIM Industrial Growth Freehold And Leasehold REIT (BKK:AIMIRT) Business Description

Traded in Other Exchanges
Address
No. 93/1, Wireless Road, Unit 803, 8th floor,Tower B, GPF Radio Building, Lumpini, Pathumwan, Bangkok, THA, 10330
AIM Industrial Growth Freehold And Leasehold REIT operate as a real estate investment trust. The firm mainly invests in freehold and leasehold right of properties, including warehouse building, distribution centre, cold storage building, factory, and other types of assets.

AIM Industrial Growth Freehold And Leasehold REIT (BKK:AIMIRT) Headlines

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