Brookfield India Real Estate Trust (NSE:BIRET) ROCE % : 5.34% (As of Jun. 2024)

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What is Brookfield India Real Estate Trust 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. Brookfield India Real Estate Trust's annualized ROCE % for the quarter that ended in Jun. 2024 was 5.34%.

Brookfield India Real Estate Trust ROCE % Historical Data

The historical data trend for Brookfield India Real Estate Trust'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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Brookfield India Real Estate Trust ROCE % Chart

Brookfield India Real Estate Trust Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

ROCE %

3.37

4.07

4.84

Brookfield India Real Estate Trust Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
ROCE %	Get a 7-Day Free Trial									2.81	3.98	4.85	5.64	5.34

Brookfield India Real Estate Trust ROCE % Calculation

Brookfield India Real Estate Trust's annualized ROCE % for the fiscal year that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	9162.4	/	( ( (146406.98 - 6644.97)	+	(256121.05 - 17145.25) )	/ 2 )
	=	9162.4	/	( (139762.01	+	238975.8)	/ 2 )
	=	9162.4	/	189368.905
	=	4.84 %

Brookfield India Real Estate Trust'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: Mar. 2024 )		(Q: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2024 )		(Q: Mar. 2024 )		(Q: Jun. 2024 )
	=	13068.56	/	( ( (256121.05 - 17145.25)	+	(268557.13 - 18150.25) )	/ 2 )
	=	13068.56	/	( ( 238975.8	+	250406.88 )	/ 2 )
	=	13068.56	/	244691.34
	=	5.34 %

(1) Note: The EBIT data used here is four times the quarterly (Jun. 2024) EBIT data.

Brookfield India Real Estate Trust (NSE:BIRET) 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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Brookfield India Real Estate Trust Business Description

Industry

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Traded in Other Exchanges

543261:India

Address

3rd Avenue, G-Block, Office No.2, 4th Floor, Plot C-68, Godrej BKC, Bandra Kurla Complex, Mumbai, MH, IND, 400051

Website

https://www.brookfieldindiareit.in

Brookfield India Real Estate Trust is an institutionally managed office real estate investment trust. It is engaged in the business of developing, maintaining, and leasing commercial real estate properties in India across various cities including Mumbai, Gurugram, Noida, and Kolkata, fostering collaborative and vibrant communities.

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