Ggr Covipe Renda Fundo Investimento Imobiliario (BSP:GGRC11) ROCE % : 0.00% (As of . 20)

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What is Ggr Covipe Renda Fundo 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. Ggr Covipe Renda Fundo Investimento Imobiliario's annualized ROCE % for the quarter that ended in . 20 was 0.00%.

Ggr Covipe Renda Fundo Investimento Imobiliario ROCE % Historical Data

The historical data trend for Ggr Covipe Renda Fundo 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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Ggr Covipe Renda Fundo Investimento Imobiliario ROCE % Chart

Ggr Covipe Renda Fundo Investimento Imobiliario Annual Data

Trend

ROCE %

Ggr Covipe Renda Fundo Investimento Imobiliario Semi-Annual Data

ROCE %

Ggr Covipe Renda Fundo Investimento Imobiliario ROCE % Calculation

Ggr Covipe Renda Fundo Investimento Imobiliario's annualized ROCE % for the fiscal year that ended in . 20 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: . 20 )		(A: . 20 )		(A: . 20 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: . 20 )		(A: . 20 )		(A: . 20 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

Ggr Covipe Renda Fundo Investimento Imobiliario's ROCE % of for the quarter that ended in . 20 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: . 20 )		(Q: . 20 )		(Q: . 20 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: . 20 )		(Q: . 20 )		(Q: . 20 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

(1) Note: The EBIT data used here is one times the annual (. 20) EBIT data.

Ggr Covipe Renda Fundo Investimento Imobiliario (BSP:GGRC11) 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.

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Ggr Covipe Renda Fundo Investimento Imobiliario Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Ggr Covipe Renda Fundo Investimento Imobiliario (BSP:GGRC11) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Rua Gomes de Carvalho, 1195, 4th Floor, Vila Olimpia, Sao Paulo, SP, BRA, 04547-004

Website

http://www.cmcapitalmarkets.com.br

Ggr Covipe Renda Fundo Investimento Imobiliario is a real estate investment trust. The company makes investments in commercial real estate, primarily in the industrial and logistics segments.

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