Minera Valparaiso (XSGO:MINERA) ROCE % : 5.39% (As of Dec. 2023)

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What is Minera Valparaiso 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. Minera Valparaiso's annualized ROCE % for the quarter that ended in Dec. 2023 was 5.39%.

Minera Valparaiso ROCE % Historical Data

The historical data trend for Minera Valparaiso'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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Minera Valparaiso ROCE % Chart

Minera Valparaiso Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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5.73

2.48

13.70

9.66

9.15

Minera Valparaiso 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															12.70	8.60	11.07	9.67	5.39

Minera Valparaiso ROCE % Calculation

Minera Valparaiso'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 )
	=	710919.12	/	( ( (8340564.486 - 739200.61)	+	(8671455.67 - 740437.924) )	/ 2 )
	=	710919.12	/	( (7601363.876	+	7931017.746)	/ 2 )
	=	710919.12	/	7766190.811
	=	9.15 %

Minera Valparaiso'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 )
	=	439017.024	/	( ( (8994539.372 - 637740.648)	+	(8671455.67 - 740437.924) )	/ 2 )
	=	439017.024	/	( ( 8356798.724	+	7931017.746 )	/ 2 )
	=	439017.024	/	8143908.235
	=	5.39 %

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

Minera Valparaiso (XSGO:MINERA) 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.

Minera Valparaiso ROCE % Related Terms

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Minera Valparaiso (XSGO:MINERA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Minera Valparaiso SA (XSGO:MINERA) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

Teatinos No 220, Santiago de Chile, 7th floor, 161st D, Santiago, CHL

Website

http://www.minera.cl

Minera Valparaiso SA is a Chile-based company. It generates, sells and distributes electric energy. It also sells and markets wood products and offers port services, real estate services. It also operates in mining and port management.

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