Lafinca Global Assets Socimi (XMAD:YLFG) ROCE % : 3.46% (As of Dec. 2023)

View and export this data going back to 2019. Start your Free Trial

What is Lafinca Global Assets Socimi 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. Lafinca Global Assets Socimi's annualized ROCE % for the quarter that ended in Dec. 2023 was 3.46%.

Lafinca Global Assets Socimi ROCE % Historical Data

The historical data trend for Lafinca Global Assets Socimi'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.

Lafinca Global Assets Socimi ROCE % Chart

Lafinca Global Assets Socimi Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

3.27

3.16

2.68

2.82

3.68

Lafinca Global Assets Socimi Semi-Annual Data
	Dec17	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial						2.89	3.30	2.48	3.91	3.46

Lafinca Global Assets Socimi ROCE % Calculation

Lafinca Global Assets Socimi'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 )
	=	23.292	/	( ( (639.938 - 4.118)	+	(639.16 - 8.05) )	/ 2 )
	=	23.292	/	( (635.82	+	631.11)	/ 2 )
	=	23.292	/	633.465
	=	3.68 %

Lafinca Global Assets Socimi'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 )
	=	21.822	/	( ( (647.602 - 15.531)	+	(639.16 - 8.05) )	/ 2 )
	=	21.822	/	( ( 632.071	+	631.11 )	/ 2 )
	=	21.822	/	631.5905
	=	3.46 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

Lafinca Global Assets Socimi (XMAD:YLFG) 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.

Lafinca Global Assets Socimi ROCE % Related Terms

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

Lafinca Global Assets Socimi (XMAD:YLFG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Lafinca Global Assets Socimi SA (XMAD:YLFG) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Parque Empresarial LAFINCA Paseo Club Deportivo 1, Edif. 11, Pozuelo de Alarcon, Madrid, ESP, 28223

Website

https://www.lafincaglobalassets.com

Lafinca Global Assets Socimi SA is a real estate investment trust. The company is engaged in acquisition and development of urban properties. Its portfolio includes residential and office buildings, and restaurants.

Lafinca Global Assets Socimi (XMAD:YLFG) Headlines

No Headlines