ABS-CBN Holdings (PHS:ABSP) ROCE % : 0.00% (As of Mar. 2024)

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What is ABS-CBN Holdings 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. ABS-CBN Holdings's annualized ROCE % for the quarter that ended in Mar. 2024 was 0.00%.

ABS-CBN Holdings ROCE % Historical Data

The historical data trend for ABS-CBN Holdings'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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ABS-CBN Holdings ROCE % Chart

ABS-CBN Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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ABS-CBN Holdings 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															-	-66.67	-22.22	-426.67	-

ABS-CBN Holdings ROCE % Calculation

ABS-CBN Holdings'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 )
	=	-0.034	/	( ( (7.406 - 7.406)	+	(15.526 - 15.526) )	/ 1 )
	=	-0.034	/	( (0	+	0)	/ 1 )
	=	-0.034	/	0
	=	0 %

ABS-CBN Holdings'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 )
	=	-0.008	/	( ( (15.526 - 15.526)	+	(15.51 - 15.51) )	/ 1 )
	=	-0.008	/	( ( 0	+	0 )	/ 1 )
	=	-0.008	/	0
	=	0 %

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

ABS-CBN Holdings (PHS:ABSP) 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.

ABS-CBN Holdings ROCE % Related Terms

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ABS-CBN Holdings (PHS:ABSP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » ABS-CBN Holdings Corp (PHS:ABSP) » Definitions » ROCE %

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ABSOF:USA

Address

Sheridan Street corner United Street, 16th Floor, North Tower, Rockwell Business Center, Barangay Highway Hills, Mandaluyong, PHL, 1554

Website

https://www.abs-cbnpdr.com

ABS-CBN Holdings Corp is engaged in the business of capital markets. It is involved in investing, purchasing and holding real and personal property including shares of stock, bonds, debentures, notes, and others. The reimbursements from Philippine depository receipt generates maximum revenue for the company. It operates in the Philippines market region.

ABS-CBN Holdings (PHS:ABSP) Headlines

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