GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Land And Houses Residential Freehold And Leasehold REIT (BKK:LHRREIT) » Definitions » ROCE %

Land And Houses Residential Freehold And Leasehold REIT (BKK:LHRREIT) ROCE % : 3.29% (As of Sep. 2024)


View and export this data going back to 2012. Start your Free Trial

What is Land And Houses Residential 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. Land And Houses Residential Freehold And Leasehold REIT's annualized ROCE % for the quarter that ended in Sep. 2024 was 3.29%.


Land And Houses Residential Freehold And Leasehold REIT ROCE % Historical Data

The historical data trend for Land And Houses Residential 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.

Land And Houses Residential Freehold And Leasehold REIT ROCE % Chart

Land And Houses Residential 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 4.81 2.24 1.96 2.92 3.16

Land And Houses Residential Freehold And Leasehold REIT Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 2.91 3.03 2.74 1.48 3.29

Land And Houses Residential Freehold And Leasehold REIT ROCE % Calculation

Land And Houses Residential 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 )
=122.101/( ( (3905.445 - 48.09) + (3921.639 - 46.04) )/ 2 )
=122.101/( (3857.355+3875.599)/ 2 )
=122.101/3866.477
=3.16 %

Land And Houses Residential Freehold And Leasehold REIT's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Sep. 2024 )  (Q: Jun. 2024 )(Q: Sep. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2024 )  (Q: Jun. 2024 )(Q: Sep. 2024 )
=122.144/( ( (3769.414 - 57.728) + (3753.702 - 46.199) )/ 2 )
=122.144/( ( 3711.686 + 3707.503 )/ 2 )
=122.144/3709.5945
=3.29 %

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


Land And Houses Residential Freehold And Leasehold REIT  (BKK:LHRREIT) 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.


Land And Houses Residential Freehold And Leasehold REIT ROCE % Related Terms

Thank you for viewing the detailed overview of Land And Houses Residential Freehold And Leasehold REIT's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Land And Houses Residential Freehold And Leasehold REIT Business Description

Traded in Other Exchanges
N/A
Address
South Sathon Road, 11 Q.House Sathon Building, Floor 14, Tungmahamek Sathon, Bangkok, THA, 10120
Land and Houses Freehold and Leasehold Property Fund is a closed-end specific property fund engaged in the rental of immovable properties. Its operations is carried on only in Thailand. The company raises funds from the public for utilizing it to purchase and/or lease immovable properties and/or accept the transfer of leasehold rights to immovable properties and/or the transfer of sub-leasehold rights to immovable properties, and to seek benefit from such immovable properties. Majority of the revenue is derived from the rental of the immovable properties in Thailand.

Land And Houses Residential Freehold And Leasehold REIT Headlines

No Headlines