Starlight US Residential Fund (TSXV:SURF.A) ROCE % : 0.00% (As of . 20)

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What is Starlight US Residential Fund 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. Starlight US Residential Fund's annualized ROCE % for the quarter that ended in . 20 was 0.00%.

Starlight US Residential Fund ROCE % Historical Data

The historical data trend for Starlight US Residential Fund'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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Starlight US Residential Fund ROCE % Chart

Starlight US Residential Fund Annual Data

Trend

ROCE %

Starlight US Residential Fund Semi-Annual Data

ROCE %

Starlight US Residential Fund ROCE % Calculation

Starlight US Residential Fund's annualized ROCE % for the fiscal year that ended in . 20 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: . 20 )		(A: . 20 )		(A: . 20 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: . 20 )		(A: . 20 )		(A: . 20 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

Starlight US Residential Fund's ROCE % of for the quarter that ended in . 20 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: . 20 )		(Q: . 20 )		(Q: . 20 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: . 20 )		(Q: . 20 )		(Q: . 20 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

(1) Note: The EBIT data used here is one times the annual (. 20) EBIT data.

Starlight US Residential Fund (TSXV:SURF.A) 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.

Starlight US Residential Fund ROCE % Related Terms

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Starlight US Residential Fund Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Starlight US Residential Fund (TSXV:SURF.A) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

3280 Bloor Street West, Suite 1400, Centre Tower, Toronto, ON, CAN, M8X 2X3

Website

https://www.starlightinvest.com

Starlight US Residential Fund is a closed-end trust. It is engaged in directly or indirectly acquiring, owning, and operating a portfolio composed of income-producing residential properties and single-family rental homes in the United States (U.S.) residential real estate market. The fund's objective is to enhance its assets' value through active management before disposition.

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