Charter Hall Retail REIT (ASX:CQR) ROCE % : -0.77% (As of Dec. 2023)

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What is Charter Hall Retail 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. Charter Hall Retail REIT's annualized ROCE % for the quarter that ended in Dec. 2023 was -0.77%.

Charter Hall Retail REIT ROCE % Historical Data

The historical data trend for Charter Hall Retail 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.

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Charter Hall Retail REIT ROCE % Chart

Charter Hall Retail REIT Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

ROCE %

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3.12

2.46

10.10

19.33

1.94

Charter Hall Retail 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															22.31	16.46	7.09	-3.25	-0.77

Charter Hall Retail REIT ROCE % Calculation

Charter Hall Retail 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 )
	=	76.6	/	( ( (4045 - 121.3)	+	(4099.5 - 120.3) )	/ 2 )
	=	76.6	/	( (3923.7	+	3979.2)	/ 2 )
	=	76.6	/	3951.45
	=	1.94 %

Charter Hall Retail 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 )
	=	-30.2	/	( ( (4099.5 - 120.3)	+	(3977.4 - 132.1) )	/ 2 )
	=	-30.2	/	( ( 3979.2	+	3845.3 )	/ 2 )
	=	-30.2	/	3912.25
	=	-0.77 %

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

Charter Hall Retail REIT (ASX:CQR) 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.

Charter Hall Retail REIT ROCE % Related Terms

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Charter Hall Retail REIT (ASX:CQR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Charter Hall Retail REIT (ASX:CQR) » Definitions » ROCE %

Comparable Companies

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MQV:Germany

Address

No. 1 Martin Place, Level 20, Sydney, NSW, AUS, 2000

Website

https://www.charterhall.com.au

Charter Hall Retail Retail REIT owns and manages a portfolio of convenience focused retail properties, including neighbourhood and subregional shopping centres, service stations, and some retail logistics properties. The REIT is managed by Charter Hall, a listed, diversified fund manager and developer, which owns a minority stake in Charter Hall Retail REIT and frequently partners with it on acquisitions and developments. More than half of rental income comes from major tenants Woolworths, Coles, Wesfarmers, Ampol, and BP (the latter two occupy service station assets). The portfolio is more seasoned than some convenience rivals, with approximately 80% of supermarket tenants at or near thresholds for paying turnover-linked rent.

Charter Hall Retail REIT (ASX:CQR) Headlines

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