Acanthe Developpement (FRA:ADX) ROCE % : -3.53% (As of Jun. 2024)

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What is Acanthe Developpement 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. Acanthe Developpement's annualized ROCE % for the quarter that ended in Jun. 2024 was -3.53%.

Acanthe Developpement ROCE % Historical Data

The historical data trend for Acanthe Developpement'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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Acanthe Developpement ROCE % Chart

Acanthe Developpement Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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7.90

-1.60

5.23

3.63

-7.94

Acanthe Developpement Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
ROCE %	Get a 7-Day Free Trial															10.28	-3.09	-0.20	-15.74	-3.53

Acanthe Developpement ROCE % Calculation

Acanthe Developpement'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 )
	=	-11.693	/	( ( (164.044 - 3.427)	+	(137.174 - 3.206) )	/ 2 )
	=	-11.693	/	( (160.617	+	133.968)	/ 2 )
	=	-11.693	/	147.2925
	=	-7.94 %

Acanthe Developpement'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: Dec. 2023 )		(Q: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2024 )		(Q: Dec. 2023 )		(Q: Jun. 2024 )
	=	-4.536	/	( ( (137.174 - 3.206)	+	(135.847 - 12.515) )	/ 2 )
	=	-4.536	/	( ( 133.968	+	123.332 )	/ 2 )
	=	-4.536	/	128.65
	=	-3.53 %

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

Acanthe Developpement (FRA:ADX) 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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Acanthe Developpement Business Description

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ACAN:France

Address

2, rue de Bassano, Paris, FRA, 75116

Website

http://www.acanthedeveloppement.fr

Acanthe Developpement SA is a European property company. Acanthe owns a property portfolio mainly located in the central business district of Paris. The company is organized into four principal operating segments Office Space, Commercial Premises, Hotels, and Residential. It has an operational presence in Belgium and France. All of the company's revenue is generated in the real estate sector in France and Brussels.