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Colbun (XSGO:COLBUN) ROCE % : 5.83% (As of Dec. 2023)


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What is Colbun 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. Colbun's annualized ROCE % for the quarter that ended in Dec. 2023 was 5.83%.


Colbun ROCE % Historical Data

The historical data trend for Colbun'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.

Colbun ROCE % Chart

Colbun Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.65 3.27 15.96 8.23 10.17

Colbun Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.11 8.89 12.34 13.20 5.83

Colbun ROCE % Calculation

Colbun'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 )
=542186.618/( ( (5727445.688 - 470495.129) + (5814478.05 - 411016.28) )/ 2 )
=542186.618/( (5256950.559+5403461.77)/ 2 )
=542186.618/5330206.1645
=10.17 %

Colbun'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 )
=324576.772/( ( (6101329.028 - 377036.853) + (5814478.05 - 411016.28) )/ 2 )
=324576.772/( ( 5724292.175 + 5403461.77 )/ 2 )
=324576.772/5563876.9725
=5.83 %

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


Colbun  (XSGO:COLBUN) 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.


Colbun ROCE % Related Terms

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Colbun (XSGO:COLBUN) Business Description

Traded in Other Exchanges
N/A
Address
Avenida Apoquindo 4775, Piso 11, Santiago, CHL
Colbun SA is a Chilean origin utility company engaged in the electric power generation, transmission and distribution using a diverse field of natural energy resources. The company supplies energy to 18 large customers, among which 15 are regulated customers and three are free or industrial customers such as mining companies, transport services, and water treatment plants. Colbun owns and operates thermoelectric power stations and hydroelectric and hydro run-of-the-river power plants. It operates 23 power plants in Chile and one in Peru, through which it has a total installed capacity of around 3,852 MW.

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