Sustainable Power & Infrastructure Split (FRA:9QE) ROCE % : 48.76% (As of Dec. 2023)

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What is Sustainable Power & Infrastructure Split 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. Sustainable Power & Infrastructure Split's annualized ROCE % for the quarter that ended in Dec. 2023 was 48.76%.

Sustainable Power & Infrastructure Split ROCE % Historical Data

The historical data trend for Sustainable Power & Infrastructure Split'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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Sustainable Power & Infrastructure Split ROCE % Chart

Sustainable Power & Infrastructure Split Annual Data

Trend

Dec21

Dec22

Dec23

ROCE %

13.06

-31.67

22.92

Sustainable Power & Infrastructure Split Semi-Annual Data
	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial			32.62	-2.44	-74.90	-3.39	48.76

Sustainable Power & Infrastructure Split ROCE % Calculation

Sustainable Power & Infrastructure Split'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 )
	=	3.665	/	( ( (42.899 - 26.605)	+	(40.699 - 25.008) )	/ 2 )
	=	3.665	/	( (16.294	+	15.691)	/ 2 )
	=	3.665	/	15.9925
	=	22.92 %

Sustainable Power & Infrastructure Split'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: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	7.88	/	( ( (44.963 - 28.333)	+	(40.699 - 25.008) )	/ 2 )
	=	7.88	/	( ( 16.63	+	15.691 )	/ 2 )
	=	7.88	/	16.1605
	=	48.76 %

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

Sustainable Power & Infrastructure Split (FRA:9QE) 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.

Sustainable Power & Infrastructure Split ROCE % Related Terms

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Sustainable Power & Infrastructure Split (FRA:9QE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Sustainable Power & Infrastructure Split Corp (FRA:9QE) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

PWI:Canada

Address

181 Bay Street, Suite 2930, Bay Wellington Tower, Brookfield Place, Toronto, ON, CAN, M5J 2T3

Website

https://www.bromptongroup.com

Sustainable Power & Infrastructure Split Corp is a mutual fund corporation. Its fund invests in a globally diversified and actively managed portfolio consisting of dividend-paying securities of power and infrastructure companies, whose assets, products, and services the Manager believes are facilitating the multi-decade transition toward decarbonization and environmental sustainability. Its portfolio includes investments in companies operating in the areas of renewable power, green transportation, energy efficiency, and communications, among others.

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