Inhome Prime Properties Socimi (XMAD:YIPP) ROCE % : -2.95% (As of Dec. 2023)

View and export this data going back to 2022. Start your Free Trial

What is Inhome Prime Properties 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. Inhome Prime Properties Socimi's annualized ROCE % for the quarter that ended in Dec. 2023 was -2.95%.

Inhome Prime Properties Socimi ROCE % Historical Data

The historical data trend for Inhome Prime Properties 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.

Inhome Prime Properties Socimi ROCE % Chart

Inhome Prime Properties Socimi Annual Data

Trend

Dec21

Dec22

Dec23

ROCE %

-2.08

-4.47

-3.19

Inhome Prime Properties Socimi Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	-	-7.81	-1.59	-4.17	-2.95

Inhome Prime Properties Socimi ROCE % Calculation

Inhome Prime Properties 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 )
	=	-0.519	/	( ( (11.774 - 0.083)	+	(24.391 - 3.573) )	/ 2 )
	=	-0.519	/	( (11.691	+	20.818)	/ 2 )
	=	-0.519	/	16.2545
	=	-3.19 %

Inhome Prime Properties 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 )
	=	-0.508	/	( ( (17.202 - 3.57)	+	(24.391 - 3.573) )	/ 2 )
	=	-0.508	/	( ( 13.632	+	20.818 )	/ 2 )
	=	-0.508	/	17.225
	=	-2.95 %

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

Inhome Prime Properties Socimi (XMAD:YIPP) 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.

Inhome Prime Properties Socimi ROCE % Related Terms

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

Inhome Prime Properties Socimi (XMAD:YIPP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Inhome Prime Properties Socimi SA (XMAD:YIPP) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Calle de Jose Ortega y Gasset 7, 4th Floor, Madrid, ESP, 28006

Website

https://www.inhomeprime.com

Inhome Prime Properties Socimi SA engages in acquiring real estate in the Salamanca district at a discount compared to its market price and linked to a life rent. Its objective is the acquisition and promotion of real estate of urban nature for its lease, as well as the holding of shares in other SOCIMIs.

Inhome Prime Properties Socimi (XMAD:YIPP) Headlines

No Headlines