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Igis Value Plus REIT (XKRX:334890) ROCE % : 0.00% (As of Aug. 2024)


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What is Igis Value Plus REIT 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. Igis Value Plus REIT's annualized ROCE % for the quarter that ended in Aug. 2024 was 0.00%.


Igis Value Plus REIT ROCE % Historical Data

The historical data trend for Igis Value Plus REIT'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.

Igis Value Plus REIT ROCE % Chart

Igis Value Plus REIT Annual Data
Trend Oct19 Aug20 Feb21 Feb22 Feb23 Feb24
ROCE %
Get a 7-Day Free Trial 47.50 1.76 2.53 11.50 8.80

Igis Value Plus REIT Semi-Annual Data
Oct19 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Igis Value Plus REIT ROCE % Calculation

Igis Value Plus REIT's annualized ROCE % for the fiscal year that ended in Feb. 2024 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Feb. 2024 )  (A: Feb. 2023 )(A: Feb. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Feb. 2024 )  (A: Feb. 2023 )(A: Feb. 2024 )
=34762.631/( ( (533224.342 - 179158.661) + (579101.258 - 143412.518) )/ 2 )
=34762.631/( (354065.681+435688.74)/ 2 )
=34762.631/394877.2105
=8.80 %

Igis Value Plus REIT's ROCE % of for the quarter that ended in Aug. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Aug. 2024 )  (Q: Feb. 2024 )(Q: Aug. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Aug. 2024 )  (Q: Feb. 2024 )(Q: Aug. 2024 )
=0/( ( (579101.258 - 143412.518) + (520480.442 - 61710.489) )/ 2 )
=0/( ( 435688.74 + 458769.953 )/ 2 )
=0/447229.3465
=0.00 %

(1) Note: The EBIT data used here is two times the semi-annual (Aug. 2024) 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.


Igis Value Plus REIT  (XKRX:334890) 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.


Igis Value Plus REIT ROCE % Related Terms

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Igis Value Plus REIT Business Description

Traded in Other Exchanges
N/A
Address
115, Yeouigongwon-ro, Yeongdeungpo-gu, 14th Floor, Sewoo Building, Seoul, KOR, 07241
Igis Value Plus REIT is a real estate investment company. The investment objective is to grow capital and to generate returns through various strategies based on long-term risk and market cycle analysis.

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