ESR Kendall Square REIT (XKRX:365550) ROCE % : 1.31% (As of Aug. 2023)

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What is ESR Kendall Square 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. ESR Kendall Square REIT's annualized ROCE % for the quarter that ended in Aug. 2023 was 1.31%.

ESR Kendall Square REIT ROCE % Historical Data

The historical data trend for ESR Kendall Square 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.

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ESR Kendall Square REIT ROCE % Chart

ESR Kendall Square REIT Annual Data

Trend

May20

May21

May22

May23

ROCE %

-2.89

1.95

2.68

2.02

ESR Kendall Square REIT Semi-Annual Data
	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23
ROCE %	Get a 7-Day Free Trial			1.13	1.54	1.16	1.46	1.31

ESR Kendall Square REIT ROCE % Calculation

ESR Kendall Square REIT's annualized ROCE % for the fiscal year that ended in May. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: May. 2023 )		(A: May. 2022 )		(A: May. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: May. 2023 )		(A: May. 2022 )		(A: May. 2023 )
	=	43942.56	/	( ( (2268043.624 - 15755.494)	+	(2377653.258 - 281750.982) )	/ 2 )
	=	43942.56	/	( (2252288.13	+	2095902.276)	/ 2 )
	=	43942.56	/	2174095.203
	=	2.02 %

ESR Kendall Square REIT's ROCE % of for the quarter that ended in Aug. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Aug. 2023 )		(Q: Feb. 2023 )		(Q: Aug. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Aug. 2023 )		(Q: Feb. 2023 )		(Q: Aug. 2023 )
	=	26205.71	/	( ( (2259911.924 - 299379.572)	+	(2350326.82 - 295943.045) )	/ 2 )
	=	26205.71	/	( ( 1960532.352	+	2054383.775 )	/ 2 )
	=	26205.71	/	2007458.0635
	=	1.31 %

(1) Note: The EBIT data used here is two times the semi-annual (Aug. 2023) EBIT data.

ESR Kendall Square REIT (XKRX:365550) 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.

ESR Kendall Square REIT ROCE % Related Terms

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ESR Kendall Square REIT (XKRX:365550) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » ESR Kendall Square REIT (XKRX:365550) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

35F Three IFC, 10 Gukjegeumyung-Ro, Yeongdeungpo-gu, Seoul, KOR

Website

http://www.esrks-reit.com

ESR Kendall Square REIT is a real estate investment trust focused on development and investment of logistics centers. Some of its Logistics parks include Bucheon Cold Logistics Park, Goyang Logistics Park, Yongin Logistics Park 1, Anseong Logistics Park and Gimhae Logistics Park.

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