Medalist Diversified REIT (Medalist Diversified REIT) ROCE % : 2.08% (As of Dec. 2023)

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What is Medalist Diversified REIT 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. Medalist Diversified REIT's annualized ROCE % for the quarter that ended in Dec. 2023 was 2.08%.

Medalist Diversified REIT ROCE % Historical Data

The historical data trend for Medalist Diversified REIT'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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Medalist Diversified REIT ROCE % Chart

Medalist Diversified REIT Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-2.03

-7.69

1.56

-1.38

-1.31

Medalist Diversified REIT 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															-0.69	-1.72	-0.06	-5.07	2.08

Medalist Diversified REIT ROCE % Calculation

Medalist Diversified REIT'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 )
	=	-1.032	/	( ( (87.915 - 1.198)	+	(82.746 - 11.684) )	/ 2 )
	=	-1.032	/	( (86.717	+	71.062)	/ 2 )
	=	-1.032	/	78.8895
	=	-1.31 %

Medalist Diversified REIT'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 )
	=	1.588	/	( ( (84.422 - 2.956)	+	(82.746 - 11.684) )	/ 2 )
	=	1.588	/	( ( 81.466	+	71.062 )	/ 2 )
	=	1.588	/	76.264
	=	2.08 %

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

Medalist Diversified REIT (NAS:MDRRP.PFD) 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.

Medalist Diversified REIT ROCE % Related Terms

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Medalist Diversified REIT (Medalist Diversified REIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Medalist Diversified REIT Inc (NAS:MDRRP.PFD) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

MDRR:USA

Address

1051 E. Cary Street, Suite 601, James Center Three, Richmond, VA, USA, 23219

Website

https://www.medalistreit.com

Medalist Diversified REIT Inc is engaged in the acquisition, reposition, renovation, leasing and managing of income-producing properties with a focus on commercial properties, including flex-industrial and retail properties, multi-family residential properties and hotel properties. The company operates as a UPREIT and owns properties through its subsidiary, Medalist Diversified Holdings, LP. Its principal objectives include sourcing value-add Investments in markets in which it maintains deep industry relationships and local market knowledge and the creation of value for stockholders by utilizing its relationships and local knowledge of commercial real estate investment, management and disposition.