Bolsa de Valores de Colombia (BOG:BVC) ROCE % : 15.62% (As of Dec. 2023)

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What is Bolsa de Valores de Colombia 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. Bolsa de Valores de Colombia's annualized ROCE % for the quarter that ended in Dec. 2023 was 15.62%.

Bolsa de Valores de Colombia ROCE % Historical Data

The historical data trend for Bolsa de Valores de Colombia'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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Bolsa de Valores de Colombia ROCE % Chart

Bolsa de Valores de Colombia Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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10.78

12.93

8.31

9.52

15.69

Bolsa de Valores de Colombia 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															6.68	16.07	17.41	16.15	15.62

Bolsa de Valores de Colombia ROCE % Calculation

Bolsa de Valores de Colombia'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 )
	=	108925.476	/	( ( (129538640.124 - 128848240.491)	+	(130196056.214 - 129497821.132) )	/ 2 )
	=	108925.476	/	( (690399.633	+	698235.082)	/ 2 )
	=	108925.476	/	694317.3575
	=	15.69 %

Bolsa de Valores de Colombia'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 )
	=	107597.632	/	( ( (136277559.49 - 135598205.452)	+	(130196056.214 - 129497821.132) )	/ 2 )
	=	107597.632	/	( ( 679354.03800002	+	698235.082 )	/ 2 )
	=	107597.632	/	688794.56000001
	=	15.62 %

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

Bolsa de Valores de Colombia (BOG:BVC) 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.

Bolsa de Valores de Colombia ROCE % Related Terms

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Bolsa de Valores de Colombia (BOG:BVC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Bolsa de Valores de Colombia SA (BOG:BVC) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Carrera 7 No. 71-21 Torre B, Piso 12, Edificio BVC, Bogota, COL

Website

http://www.bvc.com.co

Bolsa de Valores de Colombia SA operates as a stock exchange in Colombia. The company is engaged in offering securities of trading platforms and listing services for issuers and market information. It operates through the following segments: bvc, deceval, precia, other investment vehicles and Central Counterparty Clearing House. The company administers trading platforms in fixed income, equities, derivatives, foreign currency, and commodities markets.

Bolsa de Valores de Colombia (BOG:BVC) Headlines

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