Spark Infrastructure Group (Spark Infrastructure Group) ROCE % : 6.35% (As of Jun. 2021)

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What is Spark Infrastructure Group 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. Spark Infrastructure Group's annualized ROCE % for the quarter that ended in Jun. 2021 was 6.35%.

Spark Infrastructure Group ROCE % Historical Data

The historical data trend for Spark Infrastructure Group'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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Spark Infrastructure Group ROCE % Chart

Spark Infrastructure Group Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

ROCE %

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6.52

7.91

0.06

8.38

10.21

Spark Infrastructure Group Semi-Annual Data
	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21
ROCE %	Get a 7-Day Free Trial															9.19	8.12	9.47	10.16	6.35

Spark Infrastructure Group ROCE % Calculation

Spark Infrastructure Group's annualized ROCE % for the fiscal year that ended in Dec. 2020 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2020 )		(A: Dec. 2019 )		(A: Dec. 2020 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2020 )		(A: Dec. 2019 )		(A: Dec. 2020 )
	=	213.986	/	( ( (2123.291 - 121.538)	+	(2297.824 - 109.769) )	/ 2 )
	=	213.986	/	( (2001.753	+	2188.055)	/ 2 )
	=	213.986	/	2094.904
	=	10.21 %

Spark Infrastructure Group's ROCE % of for the quarter that ended in Jun. 2021 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2021 )		(Q: Dec. 2020 )		(Q: Jun. 2021 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2021 )		(Q: Dec. 2020 )		(Q: Jun. 2021 )
	=	146.7	/	( ( (2297.824 - 109.769)	+	(2484.41 - 55.16) )	/ 2 )
	=	146.7	/	( ( 2188.055	+	2429.25 )	/ 2 )
	=	146.7	/	2308.6525
	=	6.35 %

(1) Note: The EBIT data used here is two times the semi-annual (Jun. 2021) EBIT data.

Spark Infrastructure Group (OTCPK:SFDPF) 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.

Spark Infrastructure Group ROCE % Related Terms

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Spark Infrastructure Group (Spark Infrastructure Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Spark Infrastructure Group (OTCPK:SFDPF) » Definitions » ROCE %

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Traded in Other Exchanges

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Address

225 George Street, Level 29, Grosvenor Place, Sydney, NSW, AUS, 2000

Website

https://www.sparkinfrastructure.com

Spark Infrastructure owns 49% interests in three electricity distribution companies: Powercor, servicing western suburbs of Melbourne; CitiPower, servicing Melbourne's inner suburbs and central business district; and SA Power Networks, servicing South Australia. Powercor and CitiPower are collectively known as Victoria Power Networks. It also owns 15% of TransGrid, the main electricity transmission network in New South Wales. The assets are heavily regulated, falling under the purview of the Australian Energy Regulator.

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