Engie Energia Chile (XSGO:ECL) ROCE % : -57.42% (As of Dec. 2023)

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What is Engie Energia 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. Engie Energia Chile's annualized ROCE % for the quarter that ended in Dec. 2023 was -57.42%.

Engie Energia Chile ROCE % Historical Data

The historical data trend for Engie Energia 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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Engie Energia Chile ROCE % Chart

Engie Energia Chile Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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6.53

7.96

4.63

-12.25

-10.31

Engie Energia 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															-44.14	5.66	4.23	9.63	-57.42

Engie Energia Chile ROCE % Calculation

Engie Energia 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 )
	=	-324161.248	/	( ( (3764382.396 - 572416.492)	+	(3717831.138 - 618588.073) )	/ 2 )
	=	-324161.248	/	( (3191965.904	+	3099243.065)	/ 2 )
	=	-324161.248	/	3145604.4845
	=	-10.31 %

Engie Energia 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 )
	=	-1936643.036	/	( ( (4207075.456 - 561167.988)	+	(3717831.138 - 618588.073) )	/ 2 )
	=	-1936643.036	/	( ( 3645907.468	+	3099243.065 )	/ 2 )
	=	-1936643.036	/	3372575.2665
	=	-57.42 %

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

Engie Energia Chile (XSGO:ECL) 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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Engie Energia Chile (XSGO:ECL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Engie Energia Chile SA (XSGO:ECL) » Definitions » ROCE %

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Address

EL Bosque Norte Avenue 500, Room 902, Santiago, CHL

Website

https://www.engie.cl

Engie Energia Chile SA is in electricity transmission and generation business. The company produces transports and supplies electric power to industrial clients and mining companies in the Great North of Chile. It purchases, sales, distributes and markets gas and its by-products as well as purchase, sale, and transport all kinds of fuels. The company also offers consultancy services in engineering and management specialties and provides maintenance service of the electric system.