GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Orinoquia Real Estate Socimi SA (XPAR:MLORQ) » Definitions » ROCE %

Orinoquia Real Estate Socimi (XPAR:MLORQ) ROCE % : 4.98% (As of Dec. 2023)


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

What is Orinoquia Real Estate 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. Orinoquia Real Estate Socimi's annualized ROCE % for the quarter that ended in Dec. 2023 was 4.98%.


Orinoquia Real Estate Socimi ROCE % Historical Data

The historical data trend for Orinoquia Real Estate 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.

Orinoquia Real Estate Socimi ROCE % Chart

Orinoquia Real Estate Socimi Annual Data
Trend Dec17 Dec18 Dec19 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial 6.63 0.55 2.75 2.95 4.98

Orinoquia Real Estate Socimi Semi-Annual Data
Dec17 Dec18 Dec19 Dec21 Dec22 Dec23
ROCE % Get a 7-Day Free Trial 6.63 0.55 2.75 2.95 4.98

Orinoquia Real Estate Socimi ROCE % Calculation

Orinoquia Real Estate 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 )
=0.767/( ( (15.589 - 0.328) + (16.007 - 0.464) )/ 2 )
=0.767/( (15.261+15.543)/ 2 )
=0.767/15.402
=4.98 %

Orinoquia Real Estate 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 )
=0.767/( ( (15.589 - 0.328) + (16.007 - 0.464) )/ 2 )
=0.767/( ( 15.261 + 15.543 )/ 2 )
=0.767/15.402
=4.98 %

(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.


Orinoquia Real Estate Socimi  (XPAR:MLORQ) 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.


Orinoquia Real Estate Socimi ROCE % Related Terms

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


Orinoquia Real Estate Socimi (XPAR:MLORQ) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Calle Arturo Soria 330, 12-D, Madrid, ESP, 28033
Orinoquia Real Estate Socimi SA is a real estate investment firm operating in the alternative accommodation and Coliving markets in Spain.

Orinoquia Real Estate Socimi (XPAR:MLORQ) Headlines

No Headlines