Appreciate Holdings (Appreciate Holdings) ROCE % : -1.91% (As of Sep. 2022)

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What is Appreciate Holdings 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. Appreciate Holdings's annualized ROCE % for the quarter that ended in Sep. 2022 was -1.91%.

Appreciate Holdings ROCE % Historical Data

The historical data trend for Appreciate Holdings'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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Appreciate Holdings ROCE % Chart

Appreciate Holdings Annual Data

Trend

Dec20

Dec21

ROCE %

4.77

Appreciate Holdings Quarterly Data
	Aug20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
ROCE %	Get a 7-Day Free Trial				-0.39	20.47	-0.76	-17.52	-1.91

Appreciate Holdings ROCE % Calculation

Appreciate Holdings's annualized ROCE % for the fiscal year that ended in Dec. 2021 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2021 )		(A: Dec. 2020 )		(A: Dec. 2021 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2021 )		(A: Dec. 2020 )		(A: Dec. 2021 )
	=	11.028	/	( ( (232.176 - 0.174)	+	(231.1 - 0.263) )	/ 2 )
	=	11.028	/	( (232.002	+	230.837)	/ 2 )
	=	11.028	/	231.4195
	=	4.77 %

Appreciate Holdings's ROCE % of for the quarter that ended in Sep. 2022 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2022 )		(Q: Jun. 2022 )		(Q: Sep. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2022 )		(Q: Jun. 2022 )		(Q: Sep. 2022 )
	=	-4.208	/	( ( (230.479 - 9.602)	+	(231.212 - 10.414) )	/ 2 )
	=	-4.208	/	( ( 220.877	+	220.798 )	/ 2 )
	=	-4.208	/	220.8375
	=	-1.91 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2022) EBIT data.

Appreciate Holdings (OTCPK:SFRTW) 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.

Appreciate Holdings ROCE % Related Terms

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Appreciate Holdings (Appreciate Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Appreciate Holdings Inc (OTCPK:SFRTW) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

6101 Baker Rd, Suite 200, Minnetonka, MN, USA, MN 55345

Website

https://www.appreciate.rent

Appreciate Holdings Inc through its operating company Renters Warehouse offers an end-to-end Single Family Rental marketplace and management platform. The company offers a full-service platform for investing in and owning SFR properties, including a proprietary online marketplace and full-service brokerage teams.