Copperbelt Energy (LUS:CECZ) ROCE % : 0.00% (As of . 20)

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What is Copperbelt Energy 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. Copperbelt Energy's annualized ROCE % for the quarter that ended in . 20 was 0.00%.

Copperbelt Energy ROCE % Historical Data

The historical data trend for Copperbelt Energy'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.
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Copperbelt Energy ROCE % Chart

Copperbelt Energy Annual Data

Trend

ROCE %

Copperbelt Energy Semi-Annual Data

ROCE %

Copperbelt Energy ROCE % Calculation

Copperbelt Energy's annualized ROCE % for the fiscal year that ended in . 20 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: . 20 )		(A: . 20 )		(A: . 20 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: . 20 )		(A: . 20 )		(A: . 20 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

Copperbelt Energy's ROCE % of for the quarter that ended in . 20 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: . 20 )		(Q: . 20 )		(Q: . 20 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: . 20 )		(Q: . 20 )		(Q: . 20 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

(1) Note: The EBIT data used here is one times the annual (. 20) EBIT data.

Copperbelt Energy (LUS:CECZ) 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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Copperbelt Energy (LUS:CECZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Copperbelt Energy Corp PLC (LUS:CECZ) » Definitions » ROCE %

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Traded in Other Exchanges

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Address

3614, 23rd Avenue, P. O. Box 20819, Nkana East, Kitwe, ZMB

Website

https://www.cecinvestor.com

Copperbelt Energy Corp PLC is a Zambia-based electricity company. The company is engaged in the business of supply, transmission, distribution, and generation of electricity. The company also holds interests in telecommunications. The company's power business customers are the mining companies operating in the SAPP that access transmission services. The company builds fiber networks through a joint venture and provides wholesale bandwidth in the telecommunication business. The company generates revenue from the activities of Electricity transmission, Wheeling-domestic, and Power trading, of which key revenue is derived from the electricity transmission activity.

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