Tigere REIT (XZIM:TIG.ZW) ROCE % : 0.00% (As of . 20)

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

What is Tigere REIT 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. Tigere REIT's annualized ROCE % for the quarter that ended in . 20 was 0.00%.

Tigere REIT ROCE % Historical Data

The historical data trend for Tigere REIT'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.

Tigere REIT ROCE % Chart

Tigere REIT Annual Data

Trend

ROCE %

Tigere REIT Semi-Annual Data

ROCE %

Tigere REIT ROCE % Calculation

Tigere REIT's annualized ROCE % for the fiscal year that ended in . 20 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: . 20 )		(A: . 20 )		(A: . 20 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: . 20 )		(A: . 20 )		(A: . 20 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

Tigere REIT's ROCE % of for the quarter that ended in . 20 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: . 20 )		(Q: . 20 )		(Q: . 20 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: . 20 )		(Q: . 20 )		(Q: . 20 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

(1) Note: The EBIT data used here is one times the annual (. 20) EBIT data.

Tigere REIT (XZIM:TIG.ZW) 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.

Tigere REIT ROCE % Related Terms

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

Tigere REIT Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Tigere REIT (XZIM:TIG.ZW) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Arcturus Road, Highlands, Harare, ZWE

Website

https://www.tigerepropertyfund.com

Tigere REIT is engaged in retail property assets. The company's properties include Highland Park Phase 1 and Chinamano Corner.

Tigere REIT Headlines

No Headlines