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Home Capital Rentals Socimi (XMAD:YHCR) ROCE % : 18.28% (As of Dec. 2023)


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What is Home Capital Rentals Socimi 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. Home Capital Rentals Socimi's annualized ROCE % for the quarter that ended in Dec. 2023 was 18.28%.


Home Capital Rentals Socimi ROCE % Historical Data

The historical data trend for Home Capital Rentals Socimi'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.

Home Capital Rentals Socimi ROCE % Chart

Home Capital Rentals Socimi Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial -3.12 -2.98 -1.22 -0.48 10.40

Home Capital Rentals Socimi Semi-Annual Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -1.34 -0.83 -0.15 3.05 18.28

Home Capital Rentals Socimi ROCE % Calculation

Home Capital Rentals Socimi'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 )
=7.13/( ( (73.926 - 1.942) + (75.412 - 10.332) )/ 2 )
=7.13/( (71.984+65.08)/ 2 )
=7.13/68.532
=10.40 %

Home Capital Rentals Socimi'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: Jun. 2023 )(Q: Dec. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2023 )  (Q: Jun. 2023 )(Q: Dec. 2023 )
=12.13/( ( (75.886 - 8.282) + (75.412 - 10.332) )/ 2 )
=12.13/( ( 67.604 + 65.08 )/ 2 )
=12.13/66.342
=18.28 %

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


Home Capital Rentals Socimi  (XMAD:YHCR) 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.


Home Capital Rentals Socimi ROCE % Related Terms

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Home Capital Rentals Socimi (XMAD:YHCR) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Calle de María de Molina 1, 5th Floor, Madrid, ESP, 28006
Home Capital Rentals Socimi SA is a company dedicated to the acquisition and rehabilitation of residential real estate assets for rental in the corporate market.

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