Compagnia Dei Caraibi SpA (MIL:1 TIME) ROCE % : -8.46% (As of Jun. 2023)

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What is Compagnia Dei Caraibi SpA 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. Compagnia Dei Caraibi SpA's annualized ROCE % for the quarter that ended in Jun. 2023 was -8.46%.

Compagnia Dei Caraibi SpA ROCE % Historical Data

The historical data trend for Compagnia Dei Caraibi SpA'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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Compagnia Dei Caraibi SpA ROCE % Chart

Compagnia Dei Caraibi SpA Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

ROCE %

19.26

15.70

18.60

12.54

Compagnia Dei Caraibi SpA Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
ROCE %	Get a 7-Day Free Trial			14.57	20.64	22.60	1.70	-8.46

Compagnia Dei Caraibi SpA ROCE % Calculation

Compagnia Dei Caraibi SpA'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 )
	=	3.233	/	( ( (35.872 - 9.957)	+	(37.611 - 11.967) )	/ 2 )
	=	3.233	/	( (25.915	+	25.644)	/ 2 )
	=	3.233	/	25.7795
	=	12.54 %

Compagnia Dei Caraibi SpA's ROCE % of for the quarter that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2023 )		(Q: Dec. 2022 )		(Q: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2023 )		(Q: Dec. 2022 )		(Q: Jun. 2023 )
	=	-2.346	/	( ( (37.611 - 11.967)	+	(49.949 - 20.129) )	/ 2 )
	=	-2.346	/	( ( 25.644	+	29.82 )	/ 2 )
	=	-2.346	/	27.732
	=	-8.46 %

(1) Note: The EBIT data used here is two times the semi-annual (Jun. 2023) EBIT data.

Compagnia Dei Caraibi SpA (MIL:1 TIME) 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.

Compagnia Dei Caraibi SpA ROCE % Related Terms

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Compagnia Dei Caraibi SpA (MIL:1 TIME) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Compagnia Dei Caraibi SpA (MIL:1 TIME) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Ribes, 3, Colleretto Giacosa, ITA, 10100

Website

https://www.compagniadeicaraibi.com

Compagnia Dei Caraibi SpA is engaged in the import, development, brand building and distribution of premium spirits, wines and soft drinks premium and ultra premium from all over the world.

Compagnia Dei Caraibi SpA (MIL:1 TIME) Headlines

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