Patria Edificiosorativos Fundo Investimento Imobiliario FII (BSP:PATC11) ROCE % : -37.15% (As of Dec. 2023)

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What is Patria Edificiosorativos Fundo 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. Patria Edificiosorativos Fundo Investimento Imobiliario FII's annualized ROCE % for the quarter that ended in Dec. 2023 was -37.15%.

Patria Edificiosorativos Fundo Investimento Imobiliario FII ROCE % Historical Data

The historical data trend for Patria Edificiosorativos Fundo 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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Patria Edificiosorativos Fundo Investimento Imobiliario FII ROCE % Chart

Patria Edificiosorativos Fundo Investimento Imobiliario FII Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

2.20

5.12

2.34

5.61

-37.15

Patria Edificiosorativos Fundo Investimento Imobiliario FII Semi-Annual Data
	Dec19	Dec20	Dec21	Dec22	Dec23
ROCE %	2.20	5.12	2.34	5.61	-37.15

Patria Edificiosorativos Fundo Investimento Imobiliario FII ROCE % Calculation

Patria Edificiosorativos Fundo Investimento Imobiliario FII'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 )
	=	-75.947	/	( ( (277.269 - 11.641)	+	(149.762 - 6.488) )	/ 2 )
	=	-75.947	/	( (265.628	+	143.274)	/ 2 )
	=	-75.947	/	204.451
	=	-37.15 %

Patria Edificiosorativos Fundo Investimento Imobiliario FII'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 )
	=	-75.947	/	( ( (277.269 - 11.641)	+	(149.762 - 6.488) )	/ 2 )
	=	-75.947	/	( ( 265.628	+	143.274 )	/ 2 )
	=	-75.947	/	204.451
	=	-37.15 %

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

Patria Edificiosorativos Fundo Investimento Imobiliario FII (BSP:PATC11) 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.

Patria Edificiosorativos Fundo Investimento Imobiliario FII ROCE % Related Terms

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Patria Edificiosorativos Fundo Investimento Imobiliario FII Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Patria Edificios Corporativos Fundo Investimento Imobiliario FII (BSP:PATC11) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

R. Alves Guimaraes, 1216, Pinheiros, Sau Paulo, SP, BRA, 05410-002

Website

https://www.brltrust.com.br

Patria Edificios Corporativos Fundo Investimento Imobiliario FII operates as a real estate investment fund.

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