Parkway Life Real Estate Investment Trust (SGX:C2PU) ROCE % : 0.00% (As of Dec. 2023)

View and export this data going back to 2007. Start your Free Trial

What is Parkway Life Real Estate Investment Trust 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. Parkway Life Real Estate Investment Trust's annualized ROCE % for the quarter that ended in Dec. 2023 was 0.00%.

Parkway Life Real Estate Investment Trust ROCE % Historical Data

The historical data trend for Parkway Life Real Estate Investment Trust'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.

Parkway Life Real Estate Investment Trust ROCE % Chart

Parkway Life Real Estate Investment Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

7.40

5.39

16.82

2.42

5.38

Parkway Life Real Estate Investment Trust Quarterly Data
	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial															4.82	-	-	-	-

Parkway Life Real Estate Investment Trust ROCE % Calculation

Parkway Life Real Estate Investment Trust'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 )
	=	121.199	/	( ( (2342.149 - 81.17)	+	(2334.134 - 86.542) )	/ 2 )
	=	121.199	/	( (2260.979	+	2247.592)	/ 2 )
	=	121.199	/	2254.2855
	=	5.38 %

Parkway Life Real Estate Investment Trust'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	/	( ( (2290.351 - 154.001)	+	(2334.134 - 86.542) )	/ 2 )
	=	0	/	( ( 2136.35	+	2247.592 )	/ 2 )
	=	0	/	2191.971
	=	0.00 %

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

Parkway Life Real Estate Investment Trust (SGX:C2PU) 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.

Parkway Life Real Estate Investment Trust ROCE % Related Terms

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

Parkway Life Real Estate Investment Trust (SGX:C2PU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Parkway Life Real Estate Investment Trust (SGX:C2PU) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

PRKWF:USA 3P51:Germany

Address

80 Robinson Road, Number 02-00, Singapore, SGP, 068898

Website

https://plifereit.com

Parkway Life Real Estate Investment Trust is a healthcare facility's real estate investment trust. that operates three segments: hospital and medical centers, nursing homes, and pharmaceutical manufacturing and distribution. Majority of the company's sales are generated by its hospital and medical centers segment, which invests in healthcare real estate assets. Majority of the company's revenuen is generated from Singapore, followed by Japan. The company considers merger and acquisition investment as a component of its operational growth strategy.

Parkway Life Real Estate Investment Trust (SGX:C2PU) Headlines

No Headlines