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Inter Teva Indice De Tijolo Fundo De Investimento (BSP:ITIT11) ROCE % : 9.07% (As of Jun. 2024)


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What is Inter Teva Indice De Tijolo Fundo De Investimento 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. Inter Teva Indice De Tijolo Fundo De Investimento's annualized ROCE % for the quarter that ended in Jun. 2024 was 9.07%.


Inter Teva Indice De Tijolo Fundo De Investimento ROCE % Historical Data

The historical data trend for Inter Teva Indice De Tijolo Fundo De Investimento'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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Inter Teva Indice De Tijolo Fundo De Investimento ROCE % Chart

Inter Teva Indice De Tijolo Fundo De Investimento Annual Data
Trend Jun21 Jun22 Jun23 Jun24
ROCE %
- 8.06 8.89 9.07

Inter Teva Indice De Tijolo Fundo De Investimento Semi-Annual Data
Jun21 Jun22 Jun23 Jun24
ROCE % - 8.06 8.89 9.07

Inter Teva Indice De Tijolo Fundo De Investimento ROCE % Calculation

Inter Teva Indice De Tijolo Fundo De Investimento's annualized ROCE % for the fiscal year that ended in Jun. 2024 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Jun. 2024 )  (A: Jun. 2023 )(A: Jun. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Jun. 2024 )  (A: Jun. 2023 )(A: Jun. 2024 )
=6.893/( ( (78.54 - 0.559) + (74.677 - 0.607) )/ 2 )
=6.893/( (77.981+74.07)/ 2 )
=6.893/76.0255
=9.07 %

Inter Teva Indice De Tijolo Fundo De Investimento's ROCE % of for the quarter that ended in Jun. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jun. 2024 )  (Q: Jun. 2023 )(Q: Jun. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jun. 2024 )  (Q: Jun. 2023 )(Q: Jun. 2024 )
=6.893/( ( (78.54 - 0.559) + (74.677 - 0.607) )/ 2 )
=6.893/( ( 77.981 + 74.07 )/ 2 )
=6.893/76.0255
=9.07 %

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


Inter Teva Indice De Tijolo Fundo De Investimento  (BSP:ITIT11) 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.


Inter Teva Indice De Tijolo Fundo De Investimento ROCE % Related Terms

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Inter Teva Indice De Tijolo Fundo De Investimento Business Description

Traded in Other Exchanges
N/A
Address
Joaquim Floriano, Sao Paulo, SP, BRA, 4534004
Inter Teva Indice De Tijolo Fundo De Investimento formerly IFI-E Inter Fundo DE Investimento Imobiliario - FII is a real estate investment trust. The funds participate in the investment of real estate projects.

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