Ari Real Estate (Arena) Investment (XTAE:ARIN) ROCE % : 4.19% (As of Sep. 2024)

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What is Ari Real Estate (Arena) Investment 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. Ari Real Estate (Arena) Investment's annualized ROCE % for the quarter that ended in Sep. 2024 was 4.19%.

Ari Real Estate (Arena) Investment ROCE % Historical Data

The historical data trend for Ari Real Estate (Arena) Investment'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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Ari Real Estate (Arena) Investment ROCE % Chart

Ari Real Estate (Arena) Investment Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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24.61

4.54

32.92

6.25

5.74

Ari Real Estate (Arena) Investment Quarterly Data
	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															5.57	5.69	6.51	5.25	4.19

Ari Real Estate (Arena) Investment ROCE % Calculation

Ari Real Estate (Arena) Investment'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 )
	=	93.602	/	( ( (1750.738 - 136.749)	+	(1780.186 - 135.112) )	/ 2 )
	=	93.602	/	( (1613.989	+	1645.074)	/ 2 )
	=	93.602	/	1629.5315
	=	5.74 %

Ari Real Estate (Arena) Investment's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	73.328	/	( ( (2217.871 - 451.328)	+	(2279.073 - 547.011) )	/ 2 )
	=	73.328	/	( ( 1766.543	+	1732.062 )	/ 2 )
	=	73.328	/	1749.3025
	=	4.19 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2024) EBIT data.

Ari Real Estate (Arena) Investment (XTAE:ARIN) 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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Ari Real Estate (Arena) Investment Business Description

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Address

47 Zabotinsky Street, Ashdod, ISR, 77219

Website

Ari Real Estate (Arena) Investment Ltd operates mainly in two fields which is trading centers domestically in Israel and internationally. In Israel, the company specializes in the initiation, construction, purchase, rental, management, and maintenance of malls and commercial centers. Their comprehensive services extend to enhancing operational efficiency and tenant satisfaction, covering all aspects of real estate development and management to ensure effective utilization and upkeep of retail and commercial spaces.

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