Empresas Cablevision de CV (MEX:CABLECPO) ROCE % : -0.88% (As of Sep. 2024)

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What is Empresas Cablevision de CV 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. Empresas Cablevision de CV's annualized ROCE % for the quarter that ended in Sep. 2024 was -0.88%.

Empresas Cablevision de CV ROCE % Historical Data

The historical data trend for Empresas Cablevision de CV'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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Empresas Cablevision de CV ROCE % Chart

Empresas Cablevision de CV Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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10.89

7.56

3.74

-1.48

-0.65

Empresas Cablevision de CV Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															1.68	-0.30	-	-0.88	-1.97

Empresas Cablevision de CV ROCE % Calculation

Empresas Cablevision de CV'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 )
	=	-430.96	/	( ( (30695.489 - 342.514)	+	(28434.358 - 634.992) )	/ 2 )
	=	-430.96	/	( (30352.975	+	27799.366)	/ 2 )
	=	-430.96	/	29076.1705
	=	-1.48 %

Empresas Cablevision de CV's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Dec. 2023 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Dec. 2023 )		(Q: Sep. 2024 )
	=	-244.28	/	( ( (28434.358 - 634.992)	+	(0 - 0) )	/ 1 )
	=	-244.28	/	( ( 27799.366	+	0 )	/ 1 )
	=	-244.28	/	27799.366
	=	-0.88 %

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

Empresas Cablevision de CV (MEX:CABLECPO) 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.

Empresas Cablevision de CV ROCE % Related Terms

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Empresas Cablevision de CV Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Empresas Cablevision SA de CV (MEX:CABLECPO) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Dr. Rio de la Loza 182, Colonia Doctores, Mexico, DF, MEX, 06720

Website

http://www.cablevision.net.mx

Empresas Cablevision SA de CV is a cable and digital television operator in Mexico City. The company offers other multi-media telecommunications and services including video, internet and voice transmission services.

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