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MFC Industrial Real Estate Investment Trust (BKK:MIT) ROCE % : 0.00% (As of Sep. 2024)


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What is MFC Industrial Real Estate Investment Trust 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. MFC Industrial Real Estate Investment Trust's annualized ROCE % for the quarter that ended in Sep. 2024 was 0.00%.


MFC Industrial Real Estate Investment Trust ROCE % Historical Data

The historical data trend for MFC Industrial Real Estate Investment Trust'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.

MFC Industrial Real Estate Investment Trust ROCE % Chart

MFC Industrial Real Estate Investment Trust Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial Premium Member Only 3.60 2.42 13.12 -37.21 -75.39

MFC Industrial Real Estate Investment Trust 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 -121.34 -497.43 -6.04 -4,660.58 -

MFC Industrial Real Estate Investment Trust ROCE % Calculation

MFC Industrial Real Estate Investment Trust'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 )
=-325.493/( ( (841.141 - 25.468) + (492.993 - 445.142) )/ 2 )
=-325.493/( (815.673+47.851)/ 2 )
=-325.493/431.762
=-75.39 %

MFC Industrial Real Estate Investment Trust'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 )
=28.576/( ( (421.335 - 455.115) + (388.794 - 410.571) )/ 2 )
=28.576/( ( -33.78 + -21.777 )/ 2 )
=28.576/-27.7785
=0 %

(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.


MFC Industrial Real Estate Investment Trust  (BKK:MIT) 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.


MFC Industrial Real Estate Investment Trust ROCE % Related Terms

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MFC Industrial Real Estate Investment Trust Business Description

Traded in Other Exchanges
N/A
Address
Ratchadapisek Road, 199 Column Tower, Ground Floor & 21st-23rd Floor, Klongtoey, Bangkok, THA, 10110
MFC Industrial Real Estate Investment Trust is a real estate investment trust. Its objective is to raise capital from public investors, to purchase all common shares of APUK Limited located in Guernsey, United Kingdom, which holds the ownership of warehouse property in London, United Kingdom, that has been developed into a Data Center and generated benefits from such property in which the trust invests or possesses whatsoever lease, or other process for the benefits of the property and creates the revenues and returns to the trust and the unitholders. The objectives include both direct and indirect investments in various instruments along with other real estate investments.

MFC Industrial Real Estate Investment Trust Headlines