Inbest Prime VI Inmuebles Socimi (XMAD:YINB6) ROCE % : -1.75% (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Inbest Prime VI Inmuebles 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. Inbest Prime VI Inmuebles Socimi's annualized ROCE % for the quarter that ended in Dec. 2023 was -1.75%.

Inbest Prime VI Inmuebles Socimi ROCE % Historical Data

The historical data trend for Inbest Prime VI Inmuebles 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.

Inbest Prime VI Inmuebles Socimi ROCE % Chart

Inbest Prime VI Inmuebles Socimi Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

-0.58

0.51

0.01

-0.01

Inbest Prime VI Inmuebles Socimi Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial			0.77	2.19	-2.25	1.73	-1.75

Inbest Prime VI Inmuebles Socimi ROCE % Calculation

Inbest Prime VI Inmuebles 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 )
	=	-0.004	/	( ( (38.299 - 0.012)	+	(38.312 - 0.01) )	/ 2 )
	=	-0.004	/	( (38.287	+	38.302)	/ 2 )
	=	-0.004	/	38.2945
	=	-0.01 %

Inbest Prime VI Inmuebles 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 )
	=	-0.67	/	( ( (38.344 - 0.08)	+	(38.312 - 0.01) )	/ 2 )
	=	-0.67	/	( ( 38.264	+	38.302 )	/ 2 )
	=	-0.67	/	38.283
	=	-1.75 %

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

Inbest Prime VI Inmuebles Socimi (XMAD:YINB6) 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.

Inbest Prime VI Inmuebles Socimi ROCE % Related Terms

Thank you for viewing the detailed overview of Inbest Prime VI Inmuebles Socimi's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Inbest Prime VI Inmuebles Socimi (XMAD:YINB6) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Inbest Prime VI Inmuebles Socimi SA (XMAD:YINB6) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

C/ Serrano 57, 4 Planta, Madrid, ESP, 28006

Website

https://www.inbestrealestate.com

Inbest Prime VI Inmuebles Socimi SA is a company whose objective is the acquisition and management of first class real estate assets located in Spain's main cities.

Inbest Prime VI Inmuebles Socimi (XMAD:YINB6) Headlines

No Headlines