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Hispanotels Inversiones Socimi (XMAD:YHSP) ROCE % : 9.53% (As of Dec. 2023)


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What is Hispanotels Inversiones 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. Hispanotels Inversiones Socimi's annualized ROCE % for the quarter that ended in Dec. 2023 was 9.53%.


Hispanotels Inversiones Socimi ROCE % Historical Data

The historical data trend for Hispanotels Inversiones 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.

Hispanotels Inversiones Socimi ROCE % Chart

Hispanotels Inversiones Socimi Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.88 1.45 5.94 8.37 9.53

Hispanotels Inversiones Socimi Semi-Annual Data
Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.88 1.45 5.94 8.37 9.53

Hispanotels Inversiones Socimi ROCE % Calculation

Hispanotels Inversiones 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 )
=6.734/( ( (72.235 - 2.055) + (72.808 - 1.682) )/ 2 )
=6.734/( (70.18+71.126)/ 2 )
=6.734/70.653
=9.53 %

Hispanotels Inversiones 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: 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 )
=6.734/( ( (72.235 - 2.055) + (72.808 - 1.682) )/ 2 )
=6.734/( ( 70.18 + 71.126 )/ 2 )
=6.734/70.653
=9.53 %

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


Hispanotels Inversiones Socimi  (XMAD:YHSP) 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.


Hispanotels Inversiones Socimi ROCE % Related Terms

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Hispanotels Inversiones Socimi Business Description

Traded in Other Exchanges
N/A
Address
Zurbano Street, 83, Madrid, ESP, 28003
Hispanotels Inversiones Socimi SA is a real estate investment trust company which invests in hotel, office, residential and commercial real estate. The objective of the company is the generation of recurring income in its activity to be able to remunerate the shareholder quarterly.

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