Tropical Energies (XPTY:TRENCO) ROCE % : 24.77% (As of Dec. 2024)

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What is Tropical Energies 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. Tropical Energies's annualized ROCE % for the quarter that ended in Dec. 2024 was 24.77%.

Tropical Energies ROCE % Historical Data

The historical data trend for Tropical Energies'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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Tropical Energies ROCE % Chart

Tropical Energies Annual Data

Trend

Dec23

Dec24

ROCE %

22.61

Tropical Energies Semi-Annual Data
	Jun23	Dec23	Jun24	Dec24
ROCE %	-	-	21.37	24.77

Tropical Energies ROCE % Calculation

Tropical Energies's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	47.276	/	( ( (0 - 0)	+	(269.008 - 59.942) )	/ 1 )
	=	47.276	/	( (0	+	209.066)	/ 1 )
	=	47.276	/	209.066
	=	22.61 %

Tropical Energies's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Jun. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Jun. 2024 )		(Q: Dec. 2024 )
	=	51.082	/	( ( (266.553 - 63.144)	+	(269.008 - 59.942) )	/ 2 )
	=	51.082	/	( ( 203.409	+	209.066 )	/ 2 )
	=	51.082	/	206.2375
	=	24.77 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2024) EBIT data.

Tropical Energies (XPTY:TRENCO) 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.

Tropical Energies ROCE % Related Terms

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Tropical Energies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Tropical Energies Corp (XPTY:TRENCO) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

East Coast, 4th floor, Tropigas Building, Santa Maria Business District, Panama, PAN, 0823 05513

Website

https://www.trenco.com.pa

Tropical Energies Corp is engaged in the energy sector. The company is a provider of gas, water, and energy solutions for households and businesses. The company provides efficient and safe solutions for homes, robust services for industries, and scalable and customized solutions for businesses.

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