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Impulsora del Desarrollo Y El Empleo En America LatinaB de CV (FRA:4GO) ROCE % : 22.08% (As of Dec. 2022)


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What is Impulsora del Desarrollo Y El Empleo En America LatinaB de CV 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. Impulsora del Desarrollo Y El Empleo En America LatinaB de CV's annualized ROCE % for the quarter that ended in Dec. 2022 was 22.08%.

Impulsora del Desarrollo Y El Empleo En America LatinaB de CV ROCE % Historical Data

The historical data trend for Impulsora del Desarrollo Y El Empleo En America LatinaB de CV'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.

Impulsora del Desarrollo Y El Empleo En America LatinaB de CV ROCE % Chart

Impulsora del Desarrollo Y El Empleo En America LatinaB de CV Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.84 7.86 7.40 19.57 22.08

Impulsora del Desarrollo Y El Empleo En America LatinaB de CV Semi-Annual Data
Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
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 10.84 7.86 7.40 19.57 22.08

Impulsora del Desarrollo Y El Empleo En America LatinaB de CV ROCE % Calculation

Impulsora del Desarrollo Y El Empleo En America LatinaB de CV's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=1034.587/( ( (4765.993 - 523.61) + (5817.765 - 690.26) )/ 2 )
=1034.587/( (4242.383+5127.505)/ 2 )
=1034.587/4684.944
=22.08 %

Impulsora del Desarrollo Y El Empleo En America LatinaB de CV's ROCE % of for the quarter that ended in Dec. 2022 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2022 )  (Q: Dec. 2021 )(Q: Dec. 2022 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2022 )  (Q: Dec. 2021 )(Q: Dec. 2022 )
=1034.587/( ( (4765.993 - 523.61) + (5817.765 - 690.26) )/ 2 )
=1034.587/( ( 4242.383 + 5127.505 )/ 2 )
=1034.587/4684.944
=22.08 %

(1) Note: The EBIT data used here is one times the annual (Dec. 2022) 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.

Impulsora del Desarrollo Y El Empleo En America LatinaB de CV  (FRA:4GO) 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.

Impulsora del Desarrollo Y El Empleo En America LatinaB de CV ROCE % Related Terms

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Impulsora del Desarrollo Y El Empleo En America LatinaB de CV (FRA:4GO) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Impulsora del Desarrollo Y El Empleo En America Latina SAB de CV (FRA:4GO) » Definitions » ROCE %
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Traded in Other Exchanges
IDEALB-1:Mexico
Address
Lago Zurich 245, Edificio Presa Falcon, 17th floor, Ampliacion Granada, Mexico, DF, MEX, 11529
Website
http://www.ideal.com.mx
Impulsora del Desarrollo Y El Empleo En America Latina SAB de CV, or IDEAL, is a Mexican construction and engineering company. The company operates through five main reporting lines: toll roads, service, sale of electricity, prison services, and other. Toll roads, which generates the vast majority of revenue, constructs, operates, and maintains domestic toll roads. Prison services, the next most significant segment, generates income from the operation and maintenance of rehabilitation centres within Mexico.

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