Plaza Retail REIT (Plaza Retail REIT) ROCE % : 1.22% (As of Dec. 2023)

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What is Plaza Retail 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. Plaza Retail REIT's annualized ROCE % for the quarter that ended in Dec. 2023 was 1.22%.

Plaza Retail REIT ROCE % Historical Data

The historical data trend for Plaza Retail 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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Plaza Retail REIT ROCE % Chart

Plaza Retail REIT Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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8.29

1.43

12.56

7.37

4.52

Plaza Retail 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															7.78	5.62	6.96	3.60	1.22

Plaza Retail REIT ROCE % Calculation

Plaza Retail 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 )
	=	35.888	/	( ( (934.127 - 139.584)	+	(941.723 - 148.14) )	/ 2 )
	=	35.888	/	( (794.543	+	793.583)	/ 2 )
	=	35.888	/	794.063
	=	4.52 %

Plaza Retail 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 )
	=	9.76	/	( ( (932.709 - 127.868)	+	(941.723 - 148.14) )	/ 2 )
	=	9.76	/	( ( 804.841	+	793.583 )	/ 2 )
	=	9.76	/	799.212
	=	1.22 %

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

Plaza Retail REIT (OTCPK:PAZRF) 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.

Plaza Retail REIT ROCE % Related Terms

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Plaza Retail REIT (Plaza Retail REIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Plaza Retail REIT (OTCPK:PAZRF) » Definitions » ROCE %

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PLZ.UN:Canada

Address

98 Main Street, Fredericton, NB, CAN, E3A 9N6

Website

https://www.plaza.ca

Plaza Retail REIT is an open-ended real estate investment trust and is a retail property owner and developer, focused on Ontario, Quebec and Atlantic Canada. Plaza's portfolio includes interests in approximately 268 properties totaling approximately 8.6 million square feet across Canada and additional lands held for development. Its portfolio largely consists of open-air centres and stand-alone small box retail outlets and is predominantly occupied by national tenants.