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Fundo De Investimento Imobiliario Spx Syn Multiestrategia (BSP:SPXS11) ROCE % : 11.93% (As of Dec. 2023)


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What is Fundo De Investimento Imobiliario Spx Syn Multiestrategia 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 Spx Syn Multiestrategia's annualized ROCE % for the quarter that ended in Dec. 2023 was 11.93%.


Fundo De Investimento Imobiliario Spx Syn Multiestrategia ROCE % Historical Data

The historical data trend for Fundo De Investimento Imobiliario Spx Syn Multiestrategia'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 Spx Syn Multiestrategia ROCE % Chart

Fundo De Investimento Imobiliario Spx Syn Multiestrategia Annual Data
Trend Dec22 Dec23
ROCE %
- 11.93

Fundo De Investimento Imobiliario Spx Syn Multiestrategia Semi-Annual Data
Dec22 Dec23
ROCE % - 11.93

Fundo De Investimento Imobiliario Spx Syn Multiestrategia ROCE % Calculation

Fundo De Investimento Imobiliario Spx Syn Multiestrategia'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 )
=18.591/( ( (117.767 - 0.908) + (198.077 - 3.167) )/ 2 )
=18.591/( (116.859+194.91)/ 2 )
=18.591/155.8845
=11.93 %

Fundo De Investimento Imobiliario Spx Syn Multiestrategia'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 )
=18.591/( ( (117.767 - 0.908) + (198.077 - 3.167) )/ 2 )
=18.591/( ( 116.859 + 194.91 )/ 2 )
=18.591/155.8845
=11.93 %

(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 De Investimento Imobiliario Spx Syn Multiestrategia  (BSP:SPXS11) 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.


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Fundo De Investimento Imobiliario Spx Syn Multiestrategia Business Description

Traded in Other Exchanges
N/A
Address
At Praia de Botafogo, n 501, 5th floor, part, Torre Corcovado, Botafogo, Rio de Janeiro, RN, BRA, CEP 22250-040
Fundo De Investimento Imobiliario Spx Syn Multiestrategia is a real estate investment fund. The objective of the fund is to earn income or capital gain, as well as provide shareholders with the appreciation of shares through investment.

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