Enel Chile (Enel Chile) ROCE %

: 26.87% (As of Dec. 2023)

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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. Enel Chile's annualized ROCE % for the quarter that ended in Dec. 2023 was 26.87%.

Enel Chile ROCE % Historical Data

The historical data trend for Enel Chile'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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Enel Chile Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

6.89

-1.02

1.92

22.75

12.97

Enel Chile Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %																78.42	11.38	0.52	13.02	26.87

Enel Chile ROCE % Calculation

Enel Chile'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 )
	=	1321.947	/	( ( (13685.632 - 3654.504)	+	(13556.012 - 3200.548) )	/ 2 )
	=	1321.947	/	( (10031.128	+	10355.464)	/ 2 )
	=	1321.947	/	10193.296
	=	12.97 %

Enel Chile'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: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	2755.7	/	( ( (12930.632 - 2774.618)	+	(13556.012 - 3200.548) )	/ 2 )
	=	2755.7	/	( ( 10156.014	+	10355.464 )	/ 2 )
	=	2755.7	/	10255.739
	=	26.87 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Enel Chile (NYSE:ENIC) 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.

Enel Chile ROCE % Related Terms

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Enel Chile (Enel Chile) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Enel Chile SA (NYSE:ENIC) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

355:Germany ENELCHILE:Chile

Address

Avenida Santa Rosa 76, Piso 15, Santiago, CHL, 833009

Website

https://www.enelchile.cl

Enel Chile SA is an electricity utility company, which through its subsidiaries and affiliates is engaged in the generation, transmission and distribution of electricity businesses in Chile. It operates through two segments including Generation Business and Distribution and Network Business. The Generation Business Segment is comprised of a group of electricity companies that own electricity generating plants, whose energy is transmitted and distributed to end customers. The Distribution and Network Reportable Segment is comprised of a group of electricity companies operating under a public utility concession.