Irish Residential Properties REIT (DUB:IRES) ROCE % : -8.37% (As of Dec. 2023)

View and export this data going back to 2014. Start your Free Trial

What is Irish Residential Properties 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. Irish Residential Properties REIT's annualized ROCE % for the quarter that ended in Dec. 2023 was -8.37%.

Irish Residential Properties REIT ROCE % Historical Data

The historical data trend for Irish Residential Properties 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.

* Premium members only.

Irish Residential Properties REIT ROCE % Chart

Irish Residential Properties REIT Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

8.56

5.20

5.69

0.41

-6.10

Irish Residential Properties 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															6.42	4.01	-3.20	-3.82	-8.37

Irish Residential Properties REIT ROCE % Calculation

Irish Residential Properties 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 )
	=	-84.862	/	( ( (1528.792 - 21.196)	+	(1299.623 - 23.303) )	/ 2 )
	=	-84.862	/	( (1507.596	+	1276.32)	/ 2 )
	=	-84.862	/	1391.958
	=	-6.10 %

Irish Residential Properties 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 )
	=	-113.512	/	( ( (1460.014 - 23.168)	+	(1299.623 - 23.303) )	/ 2 )
	=	-113.512	/	( ( 1436.846	+	1276.32 )	/ 2 )
	=	-113.512	/	1356.583
	=	-8.37 %

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

Irish Residential Properties REIT (DUB:IRES) 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.

Irish Residential Properties REIT ROCE % Related Terms

Thank you for viewing the detailed overview of Irish Residential Properties REIT's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Irish Residential Properties REIT (DUB:IRES) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Irish Residential Properties REIT PLC (DUB:IRES) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

RSHPF:USA 0QT8:UK IRES:Germany

Address

South Dock House, Hanover Quay, Dublin 2, IRL, D02 XW94

Website

https://www.iresreit.ie

Irish Residential Properties REIT PLC is a Real Estate Investment Trust that focuses on acquiring, holding, managing, and developing investments primarily focused on residential rental accommodations in Ireland. The group operates in one business segment, namely property investment.

Irish Residential Properties REIT (DUB:IRES) Headlines

No Headlines