SL Green Realty (SL Green Realty) ROCE % : -5.98% (As of Dec. 2023)

View and export this data going back to 2012. Start your Free Trial

What is SL Green Realty 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. SL Green Realty's annualized ROCE % for the quarter that ended in Dec. 2023 was -5.98%.

SL Green Realty ROCE % Historical Data

The historical data trend for SL Green Realty'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.

* Premium members only.

SL Green Realty ROCE % Chart

SL Green Realty Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

4.04

4.58

5.19

0.11

-4.60

SL Green Realty Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															0.07	-13.08	0.30	-5.98	-1.66

SL Green Realty ROCE % Calculation

SL Green Realty'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 )
	=	-462.031	/	( ( (12355.794 - 906.128)	+	(9531.181 - 880.179) )	/ 2 )
	=	-462.031	/	( (11449.666	+	8651.002)	/ 2 )
	=	-462.031	/	10050.334
	=	-4.60 %

SL Green Realty'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 )
	=	-527.268	/	( ( (9690.582 - 716.422)	+	(9531.181 - 880.179) )	/ 2 )
	=	-527.268	/	( ( 8974.16	+	8651.002 )	/ 2 )
	=	-527.268	/	8812.581
	=	-5.98 %

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

SL Green Realty (NYSE:SLGpI.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.

SL Green Realty ROCE % Related Terms

Thank you for viewing the detailed overview of SL Green Realty's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

SL Green Realty (SL Green Realty) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » SL Green Realty Corp (NYSE:SLGpI.PFD) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

SLG:USA GEI:Germany S1LG34:Brazil

Address

One Vanderbilt Avenue, New York, NY, USA, 10017

Website

https://www.slgreen.com

SL Green Realty is one of the largest Manhattan property owners and landlords, with interest in around 35 million square feet of wholly owned and joint-venture office space. The company has additional property exposure through its limited portfolio of well-located retail space. It operates as a real estate investment trust.