Sagicor Real Estate X Fund (XJAM:XFUND) ROCE % : 4.34% (As of Dec. 2023)

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What is Sagicor Real Estate X 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. Sagicor Real Estate X Fund's annualized ROCE % for the quarter that ended in Dec. 2023 was 4.34%.

Sagicor Real Estate X Fund ROCE % Historical Data

The historical data trend for Sagicor Real Estate X 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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Sagicor Real Estate X Fund ROCE % Chart

Sagicor Real Estate X Fund Annual Data

Trend

Dec21

Dec22

Dec23

ROCE %

3.94

3.60

4.34

Sagicor Real Estate X Fund Semi-Annual Data
	Dec21	Dec22	Dec23
ROCE %	3.94	3.60	4.34

Sagicor Real Estate X Fund ROCE % Calculation

Sagicor Real Estate X Fund'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 )
	=	1249.687	/	( ( (28654.418 - 770.392)	+	(30910.711 - 1186.343) )	/ 2 )
	=	1249.687	/	( (27884.026	+	29724.368)	/ 2 )
	=	1249.687	/	28804.197
	=	4.34 %

Sagicor Real Estate X Fund'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: Dec. 2022 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Dec. 2022 )		(Q: Dec. 2023 )
	=	1249.687	/	( ( (28654.418 - 770.392)	+	(30910.711 - 1186.343) )	/ 2 )
	=	1249.687	/	( ( 27884.026	+	29724.368 )	/ 2 )
	=	1249.687	/	28804.197
	=	4.34 %

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

Sagicor Real Estate X Fund (XJAM:XFUND) 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.

Sagicor Real Estate X Fund ROCE % Related Terms

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Sagicor Real Estate X Fund (XJAM:XFUND) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Sagicor Real Estate X Fund Ltd (XJAM:XFUND) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

28-48 Barbados Avenue, Kingston, 5, Jamaica, JAM

Website

https://www.sagicor.com

Sagicor Real Estate X Fund Ltd specializes in real estate investments. The Company's main business activity is to invest in hotel and commercial real estate activities. The Group is organized into two primary business segments: (a) Hotel operations direct ownership and operation of hotels. (b) Indirect hotel operations and commercial indirect investment in real estate via the Sagicor Sigma Global Funds and Jamziv. The wind-up of Jamziv was completed in 2022. (c) Other - comprises other investment assets and other liabilities.

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