Enel Generacion Chile (XSGO:ENELGXCH) ROCE % : 20.86% (As of Mar. 2024)

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What is Enel Generacion 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 Generacion Chile's annualized ROCE % for the quarter that ended in Mar. 2024 was 20.86%.

Enel Generacion Chile ROCE % Historical Data

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

Enel Generacion Chile Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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8.76

-7.65

4.72

24.57

20.49

Enel Generacion Chile Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															25.22	-6.72	28.65	39.37	20.86

Enel Generacion Chile ROCE % Calculation

Enel Generacion 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 )
	=	675101.615	/	( ( (4407304.618 - 1082602.387)	+	(4634288.096 - 1368122.04) )	/ 2 )
	=	675101.615	/	( (3324702.231	+	3266166.056)	/ 2 )
	=	675101.615	/	3295434.1435
	=	20.49 %

Enel Generacion Chile's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	692648.432	/	( ( (4634288.096 - 1368122.04)	+	(5006394.381 - 1632797.24) )	/ 2 )
	=	692648.432	/	( ( 3266166.056	+	3373597.141 )	/ 2 )
	=	692648.432	/	3319881.5985
	=	20.86 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

Enel Generacion Chile (XSGO:ENELGXCH) 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 Generacion Chile (XSGO:ENELGXCH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Enel Generacion Chile SA (XSGO:ENELGXCH) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

Avenida Santa Rosa, No. 76, 15th Floor, Santiago, CHL

Website

https://www.enel.cl

Enel Generacion Chile SA generates electricity for customers in Chile with about two thirds of generation capacity coming from its hydroelectric plants, and the remainder is from thermal units. Although electricity generation makes up the bulk of its operations, the firm also engages in electricity transmission and engineering services. It derives revenue from the generation of electricity.

Enel Generacion Chile (XSGO:ENELGXCH) Headlines

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