Centerspace (Centerspace) ROCE % : 0.97% (As of Mar. 2024)

View and export this data going back to 1997. Start your Free Trial

What is Centerspace 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. Centerspace's annualized ROCE % for the quarter that ended in Mar. 2024 was 0.97%.

Centerspace ROCE % Historical Data

The historical data trend for Centerspace'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.

Centerspace ROCE % Chart

Centerspace Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

8.98

2.65

1.96

0.83

4.64

Centerspace Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															13.77	1.38	3.87	-0.21	0.97

Centerspace ROCE % Calculation

Centerspace'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 )
	=	85.66	/	( ( (2033.301 - 172.312)	+	(1926.361 - 92.754) )	/ 2 )
	=	85.66	/	( (1860.989	+	1833.607)	/ 2 )
	=	85.66	/	1847.298
	=	4.64 %

Centerspace'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 )
	=	17.66	/	( ( (1926.361 - 92.754)	+	(1903.473 - 94.971) )	/ 2 )
	=	17.66	/	( ( 1833.607	+	1808.502 )	/ 2 )
	=	17.66	/	1821.0545
	=	0.97 %

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

Centerspace (NYSE:CSR) 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.

Centerspace ROCE % Related Terms

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

Centerspace (Centerspace) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Centerspace (NYSE:CSR) » Definitions » ROCE %

Comparable Companies

NXRT UMH AIV ELME VRE BRT FREVS BHM CLPR IRT AVB EQR INVH ESS MAA SUI AMH UDR ELS CPT

Traded in Other Exchanges

CSRpC.PFD:USA

Address

3100 10th Street SW, Post Office Box 1988, Minot, ND, USA, 58702-1988

Website

https://www.centerspacehomes.com

Centerspace is a real estate investment trust (REIT) that focuses on the ownership, management, acquisitions, redevelopment, and development of apartment communities. The company operates through a single reportable segment, and it owns properties in the following states: Minnesota, Colorado, North Dakota, Nebraska, South Dakota, and Montana. Rental income represents the company's main source of revenue, and properties owned in Minnesota, Colorado, and North Dakota represent the majority of the firm's commercial presence.

Executives

Decker Mark Okey Jr	director, officer: President, CEO and CIO	10414 NEW ASCOT DRIVE, GREAT FALLS VA 22066
John A Schissel	director	1750 H STREET, SUITE 500, COLUMBIA EQUITY TRUST, INC., WASHINGTON DC 20006
Mary J Twinem	director	5500 WAYZATA BLVD., SUITE 1600, MINNEAPOLIS MN 55416
Emily Nagle Green	director	CASELLA WASTE SYSTEMS, 25 GREENS HILL LANE, RUTLAND VT 05701
Rodney Jones-tyson	director	C/O 3100 10TH STREET SW, POST OFFICE BOX 1988, MINOT ND 58702-1988
Michael T Dance	director	C/O INVESTORS REAL ESTATE TRUST, 1400 31ST AVE. NW,, MINOT ND 58702
Bhairav Patel	officer: SVP, Finance	1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
John Kirchmann	officer: EVP and CFO	800 LASALLE AVENUE, SUITE 1600, MINNEAPOLIS MN 55402
Anne Olson	officer: COO, Gen Counsel and Secretary	800 LASALLE AVENUE, SUITE 1600, MINNEAPOLIS MN 55402
Jeffrey Caira	director	1400 31ST AVENUE SW, SUITE 60, MINOT ND 58701
Linda J. Hall	director	1400 31ST AVENUE SW, SUITE 60, MINOT ND 58701
Nancy B Andersen	officer: SVP& Principal Accting Officer	1400 31ST AVENUE SW, SUITE 60, MINOT ND 58701
Timothy P Mihalick	director, officer: President and CEO	1400 31ST AVENUE SW, SUITE 60, MINOT ND 58701
Jeffrey L Miller	director	1400 31ST AVENUE SW, SUITE 60, MINOT ND 58701
Terrance P Maxwell	director	1400 31ST AVE SW, SUITE 60, MINOT ND 58701