German High Street Properties A/S (OCSE:GERHSP) ROCE % : -6.74% (As of Dec. 2023)

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What is German High Street Properties A/S 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. German High Street Properties A/S's annualized ROCE % for the quarter that ended in Dec. 2023 was -6.74%.

German High Street Properties A/S ROCE % Historical Data

The historical data trend for German High Street Properties A/S'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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German High Street Properties A/S ROCE % Chart

German High Street Properties A/S Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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3.78

-6.02

2.92

-2.90

-3.37

German High Street Properties A/S Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															-10.62	1.57	1.48	-9.94	-6.74

German High Street Properties A/S ROCE % Calculation

German High Street Properties A/S'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 )
	=	-25.148	/	( ( (795.693 - 21.984)	+	(761.152 - 40.972) )	/ 2 )
	=	-25.148	/	( (773.709	+	720.18)	/ 2 )
	=	-25.148	/	746.9445
	=	-3.37 %

German High Street Properties A/S'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: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	-49.728	/	( ( (779.378 - 22.984)	+	(761.152 - 40.972) )	/ 2 )
	=	-49.728	/	( ( 756.394	+	720.18 )	/ 2 )
	=	-49.728	/	738.287
	=	-6.74 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

German High Street Properties A/S (OCSE:GERHSP) 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.

German High Street Properties A/S ROCE % Related Terms

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German High Street Properties A/S (OCSE:GERHSP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » German High Street Properties A/S (OCSE:GERHSP) » Definitions » ROCE %

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Address

Mosehojvej 17, Charlottenlund, Copenhagen, DNK, 2920

Website

http://www.germanhighstreet.dk

German High Street Properties A/S invests in high-street properties and real estate properties. It invests in well-established properties in cities such as Scandinavia, Germany, Switzerland and England.

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