Consolidated Water Co (FRA:CW2) ROCE % : 15.80% (As of Mar. 2024)

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What is Consolidated Water Co 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. Consolidated Water Co's annualized ROCE % for the quarter that ended in Mar. 2024 was 15.80%.

Consolidated Water Co ROCE % Historical Data

The historical data trend for Consolidated Water Co'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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Consolidated Water Co ROCE % Chart

Consolidated Water Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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7.25

5.05

2.22

5.96

20.62

Consolidated Water Co 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															11.02	22.04	24.48	26.61	15.80

Consolidated Water Co ROCE % Calculation

Consolidated Water Co'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 )
	=	34.975	/	( ( (182.199 - 21.388)	+	(200.308 - 21.921) )	/ 2 )
	=	34.975	/	( (160.811	+	178.387)	/ 2 )
	=	34.975	/	169.599
	=	20.62 %

Consolidated Water Co'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 )
	=	28.58	/	( ( (200.308 - 21.921)	+	(205.313 - 21.899) )	/ 2 )
	=	28.58	/	( ( 178.387	+	183.414 )	/ 2 )
	=	28.58	/	180.9005
	=	15.80 %

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

Consolidated Water Co (FRA:CW2) 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.

Consolidated Water Co ROCE % Related Terms

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Consolidated Water Co (FRA:CW2) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Consolidated Water Co Ltd (FRA:CW2) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

CWCO:USA CW2:Germany

Address

West Bay Road, 4th Floor, Windward Three, P.O. Box 1114, Regatta Office Park, Grand Cayman, CYM, KY1-1102

Website

https://www.cwco.com

Consolidated Water Co Ltd is a water utility company. It develops and operates seawater desalination plants and water distribution systems. The company's business segments are; The retail segment operates the water utility for the Seven Mile Beach and West Bay areas of Grand Cayman Island, The bulk segment supplies potable water to government utilities in Grand Cayman and The Bahamas under long-term contracts, The services segment designs, constructs and sells water infrastructure and provides management and operating services to third parties, and The manufacturing segment manufactures and services a wide range of custom and specialized water-related products applicable to commercial, municipal and industrial water production, supply and treatment.

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