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Fundo Investimento Imobiliario FII REC Recebiveis Imobiliarios (BSP:RECR11) ROCE % : 11.64% (As of Dec. 2023)


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What is Fundo Investimento Imobiliario FII REC Recebiveis Imobiliarios 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 Investimento Imobiliario FII REC Recebiveis Imobiliarios's annualized ROCE % for the quarter that ended in Dec. 2023 was 11.64%.


Fundo Investimento Imobiliario FII REC Recebiveis Imobiliarios ROCE % Historical Data

The historical data trend for Fundo Investimento Imobiliario FII REC Recebiveis Imobiliarios'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.

* Premium members only.

Fundo Investimento Imobiliario FII REC Recebiveis Imobiliarios ROCE % Chart

Fundo Investimento Imobiliario FII REC Recebiveis Imobiliarios Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial 6.99 12.07 13.84 12.23 11.64

Fundo Investimento Imobiliario FII REC Recebiveis Imobiliarios Semi-Annual Data
Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE % Get a 7-Day Free Trial 6.99 12.07 13.84 12.23 11.64

Fundo Investimento Imobiliario FII REC Recebiveis Imobiliarios ROCE % Calculation

Fundo Investimento Imobiliario FII REC Recebiveis Imobiliarios'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 )
=300.264/( ( (2645.066 - 27.111) + (2565.554 - 23.155) )/ 2 )
=300.264/( (2617.955+2542.399)/ 2 )
=300.264/2580.177
=11.64 %

Fundo Investimento Imobiliario FII REC Recebiveis Imobiliarios'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 )
=300.264/( ( (2645.066 - 27.111) + (2565.554 - 23.155) )/ 2 )
=300.264/( ( 2617.955 + 2542.399 )/ 2 )
=300.264/2580.177
=11.64 %

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


Fundo Investimento Imobiliario FII REC Recebiveis Imobiliarios  (BSP:RECR11) 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 Investimento Imobiliario FII REC Recebiveis Imobiliarios ROCE % Related Terms

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Fundo Investimento Imobiliario FII REC Recebiveis Imobiliarios Business Description

Traded in Other Exchanges
N/A
Address
Rua Iguatemi, 151, 19th floor, Itaim Bibi, Sao Paulo, SP, BRA, 01451-011
Fundo Investimento Imobiliario FII REC Recebiveis Imobiliarios is an investment company. The purpose of the Fund is to invest in real estate projects, through the acquisition of assets, or rights related thereto, subject to the other requirements and investment policy provisions.

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