Canadian Apartment Properties Real Estate Investment Trust (TSX:CAR.UN) ROCE % : 0.41% (As of Dec. 2024)

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What is Canadian Apartment Properties Real Estate Investment 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. Canadian Apartment Properties Real Estate Investment Trust's annualized ROCE % for the quarter that ended in Dec. 2024 was 0.41%.

Canadian Apartment Properties Real Estate Investment Trust ROCE % Historical Data

The historical data trend for Canadian Apartment Properties Real Estate Investment 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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Canadian Apartment Properties Real Estate Investment Trust ROCE % Chart

Canadian Apartment Properties Real Estate Investment Trust Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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8.02

10.42

1.08

-1.73

3.61

Canadian Apartment Properties Real Estate Investment Trust Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															1.28	6.02	4.39	2.97	0.41

Canadian Apartment Properties Real Estate Investment Trust ROCE % Calculation

Canadian Apartment Properties Real Estate Investment Trust's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	546.016	/	( ( (16968.64 - 1174.907)	+	(15576.093 - 1111.244) )	/ 2 )
	=	546.016	/	( (15793.733	+	14464.849)	/ 2 )
	=	546.016	/	15129.291
	=	3.61 %

Canadian Apartment Properties Real Estate Investment Trust's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	63.168	/	( ( (17172.274 - 1179.085)	+	(15576.093 - 1111.244) )	/ 2 )
	=	63.168	/	( ( 15993.189	+	14464.849 )	/ 2 )
	=	63.168	/	15229.019
	=	0.41 %

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

Canadian Apartment Properties Real Estate Investment Trust (TSX:CAR.UN) 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.

Canadian Apartment Properties Real Estate Investment Trust ROCE % Related Terms

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Canadian Apartment Properties Real Estate Investment Trust Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Canadian Apartment Properties Real Estate Investment Trust (TSX:CAR.UN) » Definitions » ROCE %

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CDPYF:USA 0OJ:Germany

Address

11 Church Street, Suite 401, Toronto, ON, CAN, M5E 1W1

Website

https://www.capreit.ca

Canadian Apartment Properties Real Estate Investment Trust, or CAPREIT, is a real estate investment trust. It owns and manages interests in multi-unit residential rental properties, including mainly apartments and townhomes, located in Canada, the Netherlands, Germany, and Belgium. The company operates in the following reportable segments; Canada and Europe. A majority of its revenue is derived from income-producing real estate located in Canada, where it is also domiciled, and to a lesser extent in Europe.

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