Enel Distribucion Chile (XSGO:ENELDXCH) ROCE % : 1.72% (As of Dec. 2023)

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What is Enel Distribucion Chile 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. Enel Distribucion Chile's annualized ROCE % for the quarter that ended in Dec. 2023 was 1.72%.

Enel Distribucion Chile ROCE % Historical Data

The historical data trend for Enel Distribucion 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 Distribucion Chile ROCE % Chart

Enel Distribucion Chile Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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17.17

9.31

0.93

0.74

0.98

Enel Distribucion Chile 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															2.88	0.61	6.20	2.55	1.72

Enel Distribucion Chile ROCE % Calculation

Enel Distribucion 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 )
	=	15299.775	/	( ( (2021184.795 - 707079.954)	+	(2385524.692 - 576000.953) )	/ 2 )
	=	15299.775	/	( (1314104.841	+	1809523.739)	/ 2 )
	=	15299.775	/	1561814.29
	=	0.98 %

Enel Distribucion 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 )
	=	28745.756	/	( ( (2126066.892 - 586229.518)	+	(2385524.692 - 576000.953) )	/ 2 )
	=	28745.756	/	( ( 1539837.374	+	1809523.739 )	/ 2 )
	=	28745.756	/	1674680.5565
	=	1.72 %

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

Enel Distribucion Chile (XSGO:ENELDXCH) 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.

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Enel Distribucion Chile (XSGO:ENELDXCH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Enel Distribucion Chile SA (XSGO:ENELDXCH) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Santa Rosa 76, Piso 15, Santiago, CHL

Website

https://www.enelchile.cl

Enel Distribucion Chile SA is a Chile-based company. It distributes & supplies electrical energy. The company is integrated operators in the energy and natural gas sectors. It operates in Chile and four other countries in the region: Argentina, Brazil, Colombia, and Peru.

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