Tander Inversiones Socimi (XMAD:YTAN) ROCE % : 1.37% (As of Dec. 2023)

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What is Tander 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. Tander Inversiones Socimi's annualized ROCE % for the quarter that ended in Dec. 2023 was 1.37%.

Tander Inversiones Socimi ROCE % Historical Data

The historical data trend for Tander 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.

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Tander Inversiones Socimi ROCE % Chart

Tander Inversiones Socimi Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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3.74

2.61

2.39

2.83

2.23

Tander Inversiones Socimi Semi-Annual Data
	Dec14	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial											2.33	2.93	2.75	3.12	1.37

Tander Inversiones Socimi ROCE % Calculation

Tander 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 )
	=	3.932	/	( ( (179.736 - 2.86)	+	(178.471 - 3.163) )	/ 2 )
	=	3.932	/	( (176.876	+	175.308)	/ 2 )
	=	3.932	/	176.092
	=	2.23 %

Tander 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: 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 )
	=	2.388	/	( ( (179.76 - 5.267)	+	(178.471 - 3.163) )	/ 2 )
	=	2.388	/	( ( 174.493	+	175.308 )	/ 2 )
	=	2.388	/	174.9005
	=	1.37 %

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

Tander Inversiones Socimi (XMAD:YTAN) 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.

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Tander Inversiones Socimi (XMAD:YTAN) Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Tander Inversiones Socimi SA (XMAD:YTAN) » Definitions » ROCE %

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Address

Avenida Diagonal 467, 4 2b, Barcelona, ESP, 08036

Website

https://www.tanderinversiones.com

Tander Inversiones Socimi SA focuses on the acquisition of high street retail commercial use properties.

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