Fundo DE Investimento Imobiliario Mogno Hoteis (BSP:MGHT11) ROCE % : -25.54% (As of Jun. 2024)

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What is Fundo DE Investimento Imobiliario Mogno Hoteis 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 Mogno Hoteis's annualized ROCE % for the quarter that ended in Jun. 2024 was -25.54%.

Fundo DE Investimento Imobiliario Mogno Hoteis ROCE % Historical Data

The historical data trend for Fundo DE Investimento Imobiliario Mogno Hoteis'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 Mogno Hoteis ROCE % Chart

Fundo DE Investimento Imobiliario Mogno Hoteis Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Jun24

ROCE %

8.28

0.01

6.70

-25.54

Fundo DE Investimento Imobiliario Mogno Hoteis Semi-Annual Data
	Jun20	Jun21	Jun22	Jun23	Jun24
ROCE %	-	8.28	0.01	6.70	-25.54

Fundo DE Investimento Imobiliario Mogno Hoteis ROCE % Calculation

Fundo DE Investimento Imobiliario Mogno Hoteis'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 )
	=	-25.695	/	( ( (128.464 - 5.493)	+	(79.265 - 0.987) )	/ 2 )
	=	-25.695	/	( (122.971	+	78.278)	/ 2 )
	=	-25.695	/	100.6245
	=	-25.54 %

Fundo DE Investimento Imobiliario Mogno Hoteis'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 )
	=	-25.695	/	( ( (128.464 - 5.493)	+	(79.265 - 0.987) )	/ 2 )
	=	-25.695	/	( ( 122.971	+	78.278 )	/ 2 )
	=	-25.695	/	100.6245
	=	-25.54 %

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

Fundo DE Investimento Imobiliario Mogno Hoteis (BSP:MGHT11) 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.

Fundo DE Investimento Imobiliario Mogno Hoteis ROCE % Related Terms

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Fundo DE Investimento Imobiliario Mogno Hoteis Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Fundo DE Investimento Imobiliario Mogno Hoteis (BSP:MGHT11) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Praia de Botafogo, 501, Rio de Janeiro, BRA

Website

https://www.btgpactual.com

Fundo DE Investimento Imobiliario Mogno Hoteis is a brick-type real estate fund. Its investments are earmarked with priority in real estate developments for hotels.

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