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Canuma Capital Multiestrategia Fundo De Investimento Imobiliario (BSP:CCME11) ROCE % : 4.77% (As of Dec. 2023)


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What is Canuma Capital Multiestrategia Fundo De Investimento Imobiliario 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. Canuma Capital Multiestrategia Fundo De Investimento Imobiliario's annualized ROCE % for the quarter that ended in Dec. 2023 was 4.77%.


Canuma Capital Multiestrategia Fundo De Investimento Imobiliario ROCE % Historical Data

The historical data trend for Canuma Capital Multiestrategia Fundo De Investimento Imobiliario'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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Canuma Capital Multiestrategia Fundo De Investimento Imobiliario ROCE % Chart

Canuma Capital Multiestrategia Fundo De Investimento Imobiliario Annual Data
Trend Dec22 Dec23
ROCE %
- 4.77

Canuma Capital Multiestrategia Fundo De Investimento Imobiliario Semi-Annual Data
Dec22 Dec23
ROCE % - 4.77

Canuma Capital Multiestrategia Fundo De Investimento Imobiliario ROCE % Calculation

Canuma Capital Multiestrategia Fundo De Investimento Imobiliario'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 )
=20.058/( ( (255.241 - 3.938) + (641.832 - 51.633) )/ 2 )
=20.058/( (251.303+590.199)/ 2 )
=20.058/420.751
=4.77 %

Canuma Capital Multiestrategia Fundo De Investimento Imobiliario'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 )
=20.058/( ( (255.241 - 3.938) + (641.832 - 51.633) )/ 2 )
=20.058/( ( 251.303 + 590.199 )/ 2 )
=20.058/420.751
=4.77 %

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


Canuma Capital Multiestrategia Fundo De Investimento Imobiliario  (BSP:CCME11) 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.


Canuma Capital Multiestrategia Fundo De Investimento Imobiliario ROCE % Related Terms

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Canuma Capital Multiestrategia Fundo De Investimento Imobiliario (BSP:CCME11) Business Description

Traded in Other Exchanges
N/A
Address
Avenue Brigadeiro Faria Lima, 3015, 10th Floor, Sao Paulo, SP, BRA, 01452-000
Canuma Capital Multiestrategia Fundo De Investimento Imobiliario is a Real Estate Investment Fund with active portfolio management focused on seeking monthly income and capital gains through real assets, credit, shares, and FII shares.

Canuma Capital Multiestrategia Fundo De Investimento Imobiliario (BSP:CCME11) Headlines

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