FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII (BSP:APXM11) ROCE % : 5.95% (As of Dec. 2023)

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What is FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII 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. FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's annualized ROCE % for the quarter that ended in Dec. 2023 was 5.95%.

FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII ROCE % Historical Data

The historical data trend for FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII'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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FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII ROCE % Chart

FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII Annual Data

Trend

Dec22

Dec23

ROCE %

5.95

FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII Semi-Annual Data
	Dec22	Dec23
ROCE %	-	5.95

FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII ROCE % Calculation

FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII'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 )
	=	5.07	/	( ( (1.602 - 0.035)	+	(170.886 - 2.175) )	/ 2 )
	=	5.07	/	( (1.567	+	168.711)	/ 2 )
	=	5.07	/	85.139
	=	5.95 %

FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Dec. 2022 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Dec. 2022 )		(Q: Dec. 2023 )
	=	5.07	/	( ( (1.602 - 0.035)	+	(170.886 - 2.175) )	/ 2 )
	=	5.07	/	( ( 1.567	+	168.711 )	/ 2 )
	=	5.07	/	85.139
	=	5.95 %

(1) Note: The EBIT data used here is one times the annual (Dec. 2023) EBIT data.

FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII (BSP:APXM11) 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.

FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII ROCE % Related Terms

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FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII Business Description

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Address

Praia de Botafogo, 501 - 5th Floor (part), Torre Corcovado, RIO DE JANEIRO, RJ, BRA, CEP: 22250040

Website

https://www.btgpactual.com

FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII is real estate investment trust. The purpose of the fund is to invest in real estate projects, primarily in ready-made properties, land or properties under construction, intended for exploitation of commercial activities especially, but not limited to shopping centers (Target Properties) and additionally in real rights over Target Properties which are income generators.

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