Telecom Argentina (Telecom Argentina) ROCE % : -62.95% (As of Dec. 2023)

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What is Telecom Argentina 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. Telecom Argentina's annualized ROCE % for the quarter that ended in Dec. 2023 was -62.95%.

Telecom Argentina ROCE % Historical Data

The historical data trend for Telecom Argentina'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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Telecom Argentina ROCE % Chart

Telecom Argentina Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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5.97

5.91

24.46

-18.18

-7.55

Telecom Argentina Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															-43.29	2.28	-1.76	2.19	-62.95

Telecom Argentina ROCE % Calculation

Telecom Argentina'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 )
	=	-1466.665	/	( ( (32115.432 - 5355.336)	+	(15173.416 - 3065.701) )	/ 2 )
	=	-1466.665	/	( (26760.096	+	12107.715)	/ 2 )
	=	-1466.665	/	19433.9055
	=	-7.55 %

Telecom Argentina's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	-6340.864	/	( ( (9673.813 - 1635.285)	+	(15173.416 - 3065.701) )	/ 2 )
	=	-6340.864	/	( ( 8038.528	+	12107.715 )	/ 2 )
	=	-6340.864	/	10073.1215
	=	-62.95 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Telecom Argentina (OTCPK:TCMFF) 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.

Telecom Argentina ROCE % Related Terms

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Telecom Argentina (Telecom Argentina) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Telecom Argentina SA (OTCPK:TCMFF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

TEO:USA TEO:Mexico TEO:Germany TECO2:Argentina

Address

General Hornos 690, Buenos Aires, ARG, C1272ACK

Website

https://institucional.telecom.com.ar

Telecom Argentina SA offers its customers quadruple play services, combining mobile telephony services, cable television services, Internet services and fixed telephony services. It also provides other telephone-related services such as international long-distance and wholesale services, data transmission and IT solutions outsourcing and install, operate and develop cable television and data transmission services. The company provides services in Argentina (mobile, cable television, Internet and fixed and data services), Paraguay (mobile, Internet and satellite TV services), Uruguay (cable television services) and the United States (fixed wholesale services).