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Dexus Industria REIT (ASX:DXI) ROCE % : -0.04% (As of Dec. 2023)


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What is Dexus Industria 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. Dexus Industria REIT's annualized ROCE % for the quarter that ended in Dec. 2023 was -0.04%.


Dexus Industria REIT ROCE % Historical Data

The historical data trend for Dexus Industria 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.

Dexus Industria REIT ROCE % Chart

Dexus Industria REIT Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.85 8.05 14.20 13.57 0.83

Dexus Industria REIT Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.83 7.56 1.19 0.48 -0.04

Dexus Industria REIT ROCE % Calculation

Dexus Industria REIT's annualized ROCE % for the fiscal year that ended in Jun. 2023 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Jun. 2023 )  (A: Jun. 2022 )(A: Jun. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Jun. 2023 )  (A: Jun. 2022 )(A: Jun. 2023 )
=13.252/( ( (1715.754 - 34.896) + (1562.433 - 34.2) )/ 2 )
=13.252/( (1680.858+1528.233)/ 2 )
=13.252/1604.5455
=0.83 %

Dexus Industria REIT'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 )
=-0.618/( ( (1562.433 - 34.2) + (1440.635 - 72.386) )/ 2 )
=-0.618/( ( 1528.233 + 1368.249 )/ 2 )
=-0.618/1448.241
=-0.04 %

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


Dexus Industria REIT  (ASX:DXI) 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.


Dexus Industria REIT ROCE % Related Terms

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Dexus Industria REIT (ASX:DXI) Business Description

Traded in Other Exchanges
N/A
Address
50 Bridge Street, Level 30, Australia Square, Sydney, NSW, AUS, 2000
Dexus Industria REIT is a real estate investment trust which owns interests in a workspace-focused portfolio of established, industrial, and business park assets located across Sydney, Melbourne, Brisbane, and Adelaide. The company's objective is to provide investors with stable cash returns and the potential for income and capital growth by investing in workspace-focused real estate. It derives all income from investments in properties, which are located in Australia.

Dexus Industria REIT (ASX:DXI) Headlines

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