SODE Cote d'Ivoire (XBRV:SDCC) ROCE % : 8.43% (As of Dec. 2019)

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What is SODE Cote d'Ivoire 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. SODE Cote d'Ivoire's annualized ROCE % for the quarter that ended in Dec. 2019 was 8.43%.

SODE Cote d'Ivoire ROCE % Historical Data

The historical data trend for SODE Cote d'Ivoire'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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SODE Cote d'Ivoire ROCE % Chart

SODE Cote d'Ivoire Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

ROCE %

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10.28

5.47

26.88

8.89

8.43

SODE Cote d'Ivoire Semi-Annual Data
	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19
ROCE %	Get a 7-Day Free Trial						10.28	5.47	26.88	8.89	8.43

SODE Cote d'Ivoire ROCE % Calculation

SODE Cote d'Ivoire's annualized ROCE % for the fiscal year that ended in Dec. 2019 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2019 )		(A: Dec. 2018 )		(A: Dec. 2019 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2019 )		(A: Dec. 2018 )		(A: Dec. 2019 )
	=	4584.944	/	( ( (211328.883 - 157507.295)	+	(238492.326 - 183572.08) )	/ 2 )
	=	4584.944	/	( (53821.588	+	54920.246)	/ 2 )
	=	4584.944	/	54370.917
	=	8.43 %

SODE Cote d'Ivoire's ROCE % of for the quarter that ended in Dec. 2019 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2019 )		(Q: Dec. 2018 )		(Q: Dec. 2019 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2019 )		(Q: Dec. 2018 )		(Q: Dec. 2019 )
	=	4584.944	/	( ( (211328.883 - 157507.295)	+	(238492.326 - 183572.08) )	/ 2 )
	=	4584.944	/	( ( 53821.588	+	54920.246 )	/ 2 )
	=	4584.944	/	54370.917
	=	8.43 %

(1) Note: The EBIT data used here is one times the annual (Dec. 2019) EBIT data.

SODE Cote d'Ivoire (XBRV:SDCC) 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.

SODE Cote d'Ivoire ROCE % Related Terms

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SODE Cote d'Ivoire (XBRV:SDCC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » SODE Cote d'Ivoire (XBRV:SDCC) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1, Avenue Christiani, Treichville, Abidjan, CIV, BP1843

Website

http://www.sodeci.ci

SODE Cote d'Ivoire is engaged in operation and maintenance of drinking water and sanitation. The services provided by the company includes connection, subscription, termination, renewal and mutation among others.

SODE Cote d'Ivoire (XBRV:SDCC) Headlines

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