Kinea Securities Fundo DE Investimento Imobiliario - FII (BSP:KNSC11) ROCE % : 11.93% (As of Jun. 2024)

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What is Kinea Securities Fundo DE Investimento Imobiliario - 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. Kinea Securities Fundo DE Investimento Imobiliario - FII's annualized ROCE % for the quarter that ended in Jun. 2024 was 11.93%.

Kinea Securities Fundo DE Investimento Imobiliario - FII ROCE % Historical Data

The historical data trend for Kinea Securities Fundo DE Investimento Imobiliario - 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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Kinea Securities Fundo DE Investimento Imobiliario - FII ROCE % Chart

Kinea Securities Fundo DE Investimento Imobiliario - FII Annual Data

Trend

Jun21

Jun22

Jun23

Jun24

ROCE %

14.39

12.44

11.93

Kinea Securities Fundo DE Investimento Imobiliario - FII Semi-Annual Data
	Jun21	Jun22	Jun23	Jun24
ROCE %	-	14.39	12.44	11.93

Kinea Securities Fundo DE Investimento Imobiliario - FII ROCE % Calculation

Kinea Securities Fundo DE Investimento Imobiliario - FII'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 )
	=	142.651	/	( ( (1348.969 - 134.934)	+	(1264.016 - 86.683) )	/ 2 )
	=	142.651	/	( (1214.035	+	1177.333)	/ 2 )
	=	142.651	/	1195.684
	=	11.93 %

Kinea Securities Fundo DE Investimento Imobiliario - FII'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 )
	=	142.651	/	( ( (1348.969 - 134.934)	+	(1264.016 - 86.683) )	/ 2 )
	=	142.651	/	( ( 1214.035	+	1177.333 )	/ 2 )
	=	142.651	/	1195.684
	=	11.93 %

(1) Note: The EBIT data used here is one times the annual (Jun. 2024) EBIT data.

Kinea Securities Fundo DE Investimento Imobiliario - FII (BSP:KNSC11) 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.

Kinea Securities Fundo DE Investimento Imobiliario - FII ROCE % Related Terms

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Kinea Securities Fundo DE Investimento Imobiliario - FII Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Kinea Securities Fundo DE Investimento Imobiliario - FII (BSP:KNSC11) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

AV BRIGADEIRO FARIA LIMA, 3400, 10º Andar ITAIM BIBI, Sao Paulo, SP, BRA, 04538132

Website

https://www.kinea.com.br

Kinea Securities Fundo DE Investimento Imobiliario - FII is engaged in the management of long-term investments independently.

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