Infratil (Infratil) ROCE % : 23.76% (As of Sep. 2023)

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What is Infratil 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. Infratil's annualized ROCE % for the quarter that ended in Sep. 2023 was 23.76%.

Infratil ROCE % Historical Data

The historical data trend for Infratil'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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Infratil ROCE % Chart

Infratil Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

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4.77

10.61

0.69

3.48

8.49

Infratil Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
ROCE %	Get a 7-Day Free Trial															6.76	0.42	7.96	9.08	23.76

Infratil ROCE % Calculation

Infratil's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	492.179	/	( ( (6766.346 - 765.041)	+	(6324.519 - 735.754) )	/ 2 )
	=	492.179	/	( (6001.305	+	5588.765)	/ 2 )
	=	492.179	/	5795.035
	=	8.49 %

Infratil's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	1708.304	/	( ( (6324.519 - 735.754)	+	(9477.639 - 689.087) )	/ 2 )
	=	1708.304	/	( ( 5588.765	+	8788.552 )	/ 2 )
	=	1708.304	/	7188.6585
	=	23.76 %

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

Infratil (OTCPK:IFUUF) 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.

Infratil ROCE % Related Terms

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Infratil (Infratil) Business Description

Industry

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IFT:New Zealand IFT:Australia

Address

5 Market Lane, P.O. Box 320, Wellington, NTL, NZL, 6140

Website

https://www.infratil.com

Infratil Ltd is a New Zealand based company that invests in companies that are engaged in the energy, transport, and social infrastructure businesses. The company's business segments include Manawa Energy New Zealand; Mint Renewables Australasia; Wellington International Airport New Zealand; Diagnostic Imaging Australasia; Gurin Energy Asia; Associates and others. Geographically, it derives a majority of its revenue from New Zealand.