Fundo DE Investimento Imobiliario Hectare CE (BSP:HCTR11) ROCE % : 4.84% (As of Dec. 2023)

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What is Fundo DE Investimento Imobiliario Hectare CE 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 Hectare CE's annualized ROCE % for the quarter that ended in Dec. 2023 was 4.84%.

Fundo DE Investimento Imobiliario Hectare CE ROCE % Historical Data

The historical data trend for Fundo DE Investimento Imobiliario Hectare CE'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 Hectare CE ROCE % Chart

Fundo DE Investimento Imobiliario Hectare CE Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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6.46

20.03

20.23

12.93

4.84

Fundo DE Investimento Imobiliario Hectare CE Semi-Annual Data
	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
ROCE %	Get a 7-Day Free Trial			6.46	20.03	20.23	12.93	4.84

Fundo DE Investimento Imobiliario Hectare CE ROCE % Calculation

Fundo DE Investimento Imobiliario Hectare CE'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 )
	=	124.785	/	( ( (2590.15 - 2.007)	+	(2571.95 - 0.775) )	/ 2 )
	=	124.785	/	( (2588.143	+	2571.175)	/ 2 )
	=	124.785	/	2579.659
	=	4.84 %

Fundo DE Investimento Imobiliario Hectare CE'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 )
	=	124.785	/	( ( (2590.15 - 2.007)	+	(2571.95 - 0.775) )	/ 2 )
	=	124.785	/	( ( 2588.143	+	2571.175 )	/ 2 )
	=	124.785	/	2579.659
	=	4.84 %

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

Fundo DE Investimento Imobiliario Hectare CE (BSP:HCTR11) 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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Fundo DE Investimento Imobiliario Hectare CE Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Fundo DE Investimento Imobiliario Hectare CE (BSP:HCTR11) » Definitions » ROCE %

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Address

Rua Fidencio Ramos, 195, cj. 71, Sau Paulo, SP, BRA

Website

https://www.hectarecapital.com

Fundo DE Investimento Imobiliario Hectare CE develops and invests in solutions for alternative investments. It designs investment structures to real estate projects in all development stages. It also offers advisory services which focus on financial solutions to real estate project development in Brazil.

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