Intervest Offices & Warehouses NV (CHIX:INTOB) ROCE % : -2.72% (As of Dec. 2023)

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What is Intervest Offices & Warehouses NV 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. Intervest Offices & Warehouses NV's annualized ROCE % for the quarter that ended in Dec. 2023 was -2.72%.

Intervest Offices & Warehouses NV ROCE % Historical Data

The historical data trend for Intervest Offices & Warehouses NV'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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Intervest Offices & Warehouses NV ROCE % Chart

Intervest Offices & Warehouses NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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9.29

6.28

11.13

5.71

3.28

Intervest Offices & Warehouses NV Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															-8.66	2.01	8.14	5.68	-2.72

Intervest Offices & Warehouses NV ROCE % Calculation

Intervest Offices & Warehouses NV'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 )
	=	43.217	/	( ( (1428.78 - 142.521)	+	(1474.175 - 123.302) )	/ 2 )
	=	43.217	/	( (1286.259	+	1350.873)	/ 2 )
	=	43.217	/	1318.566
	=	3.28 %

Intervest Offices & Warehouses NV'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: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	-37.244	/	( ( (1522.118 - 131.822)	+	(1474.175 - 123.302) )	/ 2 )
	=	-37.244	/	( ( 1390.296	+	1350.873 )	/ 2 )
	=	-37.244	/	1370.5845
	=	-2.72 %

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

Intervest Offices & Warehouses NV (CHIX:INTOb) 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.

Intervest Offices & Warehouses NV ROCE % Related Terms

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Intervest Offices & Warehouses NV (CHIX:INTOB) Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Intervest Offices & Warehouses NV (CHIX:INTOb) » Definitions » ROCE %

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0MTK:UK INTO:Belgium

Address

Uitbreidingstraat 66, Berchem, Antwerp, BEL, 2600

Website

https://www.intervest.be

Intervest Offices & Warehouses SA operates as a real estate company operating in three business segments; the offices segment includes the properties that are let to companies for professional purposes as office space or as flex-work places, logistics properties Belgium segment includes those premises with logistical function, storage facilities, and high-tech buildings in Belgium, and the logistics properties Netherlands segment includes those premises with a logistical function, storage facilities, and high-tech buildings in the Netherlands. The company generates a majority of its revenue from its investments in Belgium.

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