Igis Neptune Barcelona Holdco (XPAR:MLABC) ROCE % : -0.94% (As of Dec. 2022)

View and export this data going back to 2021. Start your Free Trial

What is Igis Neptune Barcelona Holdco 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. Igis Neptune Barcelona Holdco's annualized ROCE % for the quarter that ended in Dec. 2022 was -0.94%.

Igis Neptune Barcelona Holdco ROCE % Historical Data

The historical data trend for Igis Neptune Barcelona Holdco'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.

Igis Neptune Barcelona Holdco ROCE % Chart

Igis Neptune Barcelona Holdco Annual Data

Trend

Dec20

Dec21

Dec22

ROCE %

-1.01

-1.31

-0.94

Igis Neptune Barcelona Holdco Semi-Annual Data
	Dec20	Dec21	Dec22
ROCE %	-1.01	-1.31	-0.94

Igis Neptune Barcelona Holdco ROCE % Calculation

Igis Neptune Barcelona Holdco's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	-1.218	/	( ( (133.261 - 0.634)	+	(129.64 - 2.719) )	/ 2 )
	=	-1.218	/	( (132.627	+	126.921)	/ 2 )
	=	-1.218	/	129.774
	=	-0.94 %

Igis Neptune Barcelona Holdco's ROCE % of for the quarter that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2022 )		(Q: Dec. 2021 )		(Q: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2022 )		(Q: Dec. 2021 )		(Q: Dec. 2022 )
	=	-1.218	/	( ( (133.261 - 0.634)	+	(129.64 - 2.719) )	/ 2 )
	=	-1.218	/	( ( 132.627	+	126.921 )	/ 2 )
	=	-1.218	/	129.774
	=	-0.94 %

(1) Note: The EBIT data used here is one times the annual (Dec. 2022) EBIT data.

Igis Neptune Barcelona Holdco (XPAR:MLABC) 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.

Igis Neptune Barcelona Holdco ROCE % Related Terms

Thank you for viewing the detailed overview of Igis Neptune Barcelona Holdco's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Igis Neptune Barcelona Holdco (XPAR:MLABC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Igis Neptune Barcelona Holdco (XPAR:MLABC) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Calle Príncipe de Vergara 112, 4th floor, Madrid, ESP, 28002

Website

https://www.igisnbhs.com

Igis Neptune Barcelona Holdco is a Spanish company operating under the Sociedad Cotizada de Inversión en el Mercado Inmobiliario tax regime equivalent to real estate investment trusts existing in other jurisdictions. It is involved in the acquisition and promotion of urban real estate for leasing or renovation of buildings.

Igis Neptune Barcelona Holdco (XPAR:MLABC) Headlines

No Headlines