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Brookfield Office Properties (TSX:BPO.PR.K.PFD) ROCE % : 4.80% (As of Mar. 2016)


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What is Brookfield Office Properties 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 Office Properties's annualized ROCE % for the quarter that ended in Mar. 2016 was 4.80%.


Brookfield Office Properties ROCE % Historical Data

The historical data trend for Brookfield Office Properties'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.

Brookfield Office Properties ROCE % Chart

Brookfield Office Properties Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.26 9.88 8.29 15.76 10.92

Brookfield Office Properties Quarterly Data
Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.23 9.26 5.74 13.18 4.80

Brookfield Office Properties ROCE % Calculation

Brookfield Office Properties's annualized ROCE % for the fiscal year that ended in Dec. 2015 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2015 )  (A: Dec. 2014 )(A: Dec. 2015 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2015 )  (A: Dec. 2014 )(A: Dec. 2015 )
=4023.394/( ( (39675.846 - 4567.825) + (46561.12 - 7960.396) )/ 2 )
=4023.394/( (35108.021+38600.724)/ 2 )
=4023.394/36854.3725
=10.92 %

Brookfield Office Properties's ROCE % of for the quarter that ended in Mar. 2016 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2016 )  (Q: Dec. 2015 )(Q: Mar. 2016 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2016 )  (Q: Dec. 2015 )(Q: Mar. 2016 )
=1867.512/( ( (46561.12 - 7960.396) + (45665.41 - 6437.094) )/ 2 )
=1867.512/( ( 38600.724 + 39228.316 )/ 2 )
=1867.512/38914.52
=4.80 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2016) EBIT data.

* 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.


Brookfield Office Properties  (TSX:BPO.PR.K.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.


Brookfield Office Properties ROCE % Related Terms

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Brookfield Office Properties Business Description

Address
181 Bay Street, Suite 330, Brookfield Place, Toronto, ON, CAN, M5J 2T3
Brookfield Office Properties Inc is a real estate investment firm. It acts as owner, operator, and developer of office and multifamily assets. The office property division defines the skylines of dynamic cities around the world, including gateway cities such as New York, London, Berlin, Toronto, and Sydney and the multifamily business owns, develops, renovates and manages approximately 40,000 high-quality rental apartment buildings in supply constrained markets of major cities such as New York and London, as well as high growth markets in the suburban U.S. In addition, it caters to tenants in financial services, government, and energy and resource sectors.

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