BA Airport Leasehold REIT (BKK:BAREIT) ROCE % : 7.56% (As of Mar. 2024)

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What is BA Airport Leasehold 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. BA Airport Leasehold REIT's annualized ROCE % for the quarter that ended in Mar. 2024 was 7.56%.

BA Airport Leasehold REIT ROCE % Historical Data

The historical data trend for BA Airport Leasehold 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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BA Airport Leasehold REIT ROCE % Chart

BA Airport Leasehold REIT Annual Data

Trend

Dec22

Dec23

ROCE %

7.45

BA Airport Leasehold REIT Quarterly Data
	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial			-0.12	7.57	7.41	15.24	7.56

BA Airport Leasehold REIT ROCE % Calculation

BA Airport Leasehold REIT'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 )
	=	1091.714	/	( ( (14838.826 - 67.977)	+	(14529.708 - 11.467) )	/ 2 )
	=	1091.714	/	( (14770.849	+	14518.241)	/ 2 )
	=	1091.714	/	14644.545
	=	7.45 %

BA Airport Leasehold REIT's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	1097.452	/	( ( (14529.708 - 11.467)	+	(14550.305 - 19.942) )	/ 2 )
	=	1097.452	/	( ( 14518.241	+	14530.363 )	/ 2 )
	=	1097.452	/	14524.302
	=	7.56 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

BA Airport Leasehold REIT (BKK:BAREIT) 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.

BA Airport Leasehold REIT ROCE % Related Terms

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BA Airport Leasehold REIT (BKK:BAREIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » BA Airport Leasehold REIT (BKK:BAREIT) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

99 Moo 14, Vibhavadi-Rangsit Road, Chomphon Sub-district, Chatuchak District, Bangkok, THA

Website

https://www.bareit.co.th

BA Airport Leasehold REIT invests in the leasehold rights over parts of land, buildings and component parts used for the operation of Samui Airport Project for a period of 25 years.

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