Holcim Ecuador (QUI:HLE) ROCE % : 33.07% (As of Dec. 2023)

View and export this data going back to 2002. Start your Free Trial

What is Holcim Ecuador 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. Holcim Ecuador's annualized ROCE % for the quarter that ended in Dec. 2023 was 33.07%.

Holcim Ecuador ROCE % Historical Data

The historical data trend for Holcim Ecuador'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.

* Premium members only.

Holcim Ecuador ROCE % Chart

Holcim Ecuador Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

36.69

28.12

32.71

37.78

33.07

Holcim Ecuador Semi-Annual Data
	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
ROCE %	Get a 7-Day Free Trial							36.69	28.12	32.71	37.78	33.07

Holcim Ecuador ROCE % Calculation

Holcim Ecuador'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 )
	=	114.361	/	( ( (545.143 - 194.499)	+	(549.983 - 208.916) )	/ 2 )
	=	114.361	/	( (350.644	+	341.067)	/ 2 )
	=	114.361	/	345.8555
	=	33.07 %

Holcim Ecuador'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: Dec. 2022 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Dec. 2022 )		(Q: Dec. 2023 )
	=	114.361	/	( ( (545.143 - 194.499)	+	(549.983 - 208.916) )	/ 2 )
	=	114.361	/	( ( 350.644	+	341.067 )	/ 2 )
	=	114.361	/	345.8555
	=	33.07 %

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

Holcim Ecuador (QUI:HLE) 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.

Holcim Ecuador ROCE % Related Terms

Thank you for viewing the detailed overview of Holcim Ecuador's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Holcim Ecuador Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Holcim Ecuador SA (QUI:HLE) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Barcelona Avenue, San Eduardo I Urbanization, El Caiman Building, 2nd Floor, Guayaquil, ECU

Website

https://www.holcim.com.ec

Holcim Ecuador SA is an Ecuador-based company engaged in the manufacturing and production of clinker, cement, and concrete. The company offers products and services for road development, buildings, infrastructure, developments and residences, and agro-industrial solutions.

Holcim Ecuador Headlines

No Headlines