GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » ReAlpha Tech Corp (NAS:AIRE) » Definitions » ROCE %

ReAlpha Tech (ReAlpha Tech) ROCE % : -29.42% (As of Mar. 2024)


View and export this data going back to 2023. Start your Free Trial

What is ReAlpha Tech 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. ReAlpha Tech's annualized ROCE % for the quarter that ended in Mar. 2024 was -29.42%.

ReAlpha Tech ROCE % Historical Data

The historical data trend for ReAlpha Tech'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.

ReAlpha Tech ROCE % Chart

ReAlpha Tech Annual Data
Trend Apr21 Apr22
ROCE %
- -

ReAlpha Tech Quarterly Data
Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Mar24
ROCE % Get a 7-Day Free Trial Premium Member Only -228.37 -112.75 123.50 -104.93 -29.42

ReAlpha Tech ROCE % Calculation

ReAlpha Tech's annualized ROCE % for the fiscal year that ended in Apr. 2022 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Apr. 2022 )  (A: Apr. 2021 )(A: Apr. 2022 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Apr. 2022 )  (A: Apr. 2021 )(A: Apr. 2022 )
=-5.215/( ( (1.481 - 1.01) + (6.887 - 12.205) )/ 2 )
=-5.215/( (0.471+-5.318)/ 2 )
=-5.215/-2.4235
=215.18 %

ReAlpha Tech'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: Oct. 2023 )(Q: Mar. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2024 )  (Q: Oct. 2023 )(Q: Mar. 2024 )
=-5.632/( ( (16.489 - 2.486) + (25.372 - 1.082) )/ 2 )
=-5.632/( ( 14.003 + 24.29 )/ 2 )
=-5.632/19.1465
=-29.42 %

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

* 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.

ReAlpha Tech  (NAS:AIRE) 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.

ReAlpha Tech ROCE % Related Terms

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

ReAlpha Tech (ReAlpha Tech) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » ReAlpha Tech Corp (NAS:AIRE) » Definitions » ROCE %
Comparable Companies
COMP RDFN HOUS FRPH RMR MMI NMRK MLP REAX TCI CSGP CBRE XMAD:CLNX BEKE TSE:8830 HKSE:01972 SGX:9CI OSTO:AKEL D HKSE:01997 MIL:INW
Traded in Other Exchanges
Z4U:Germany
Address
6515 Longshore Loop, Suite 100, Dublin, OH, USA, 43017
Website
https://www.realpha.com
ReAlpha Tech Corp is an early-stage company that develops and utilizes its artificial intelligence-focused technology stack to empower retail investor participation in short-term rental properties, which are real estate units listed for a rental term. It offers retail investors the opportunity to participate in short-term rental properties it will acquire by offering interest in each property portfolio. Its revenues primarily consist of short-term rental revenues from the rental of its properties via Airbnb and such digital hospitality platforms. The company has two segments (i) platform services and (ii) rental business. The company generates the majority of its revenue from the Platform services segment.
Executives
Dimitrios Angelis director 100 CANAL POINTE BLVD., SUITE 108, PRINCETON NJ 08540
Giri Devanur director, 10 percent owner, officer: CEO and President 100 CANAL POINTE BLVD., SUITE 108, PRINCETON NJ 08540
Jorge Aldecoa officer: Chief Operating Officer 6515 LONGSHORE LOOP, #100, DUBLIN OH 43017
Michael J. Logozzo officer: Chief Financial Officer 6515 LONGSHORE LOOP, #100, DUBLIN OH 43017
Monaz Karkaria director 6515 LONGSHORE LOOP, #100, DUBLIN OH 43017
Balaji Swaminathan director 6515 LONGSHORE LOOP, #100, DUBLIN OH 43017
Brian D. Cole director 6515 LONGSHORE LOOP, #100, DUBLIN OH 43017