Enel Americas (XSGO:ENELAM) ROCE % : 11.73% (As of Sep. 2024)

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What is Enel Americas 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. Enel Americas's annualized ROCE % for the quarter that ended in Sep. 2024 was 11.73%.

Enel Americas ROCE % Historical Data

The historical data trend for Enel Americas'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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Enel Americas ROCE % Chart

Enel Americas Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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14.77

9.91

8.71

4.10

7.51

Enel Americas Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															13.93	4.07	10.25	11.17	11.73

Enel Americas ROCE % Calculation

Enel Americas'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 )
	=	1764154.229	/	( ( (30149100.581 - 6872764.198)	+	(32172292.393 - 8491551.154) )	/ 2 )
	=	1764154.229	/	( (23276336.383	+	23680741.239)	/ 2 )
	=	1764154.229	/	23478538.811
	=	7.51 %

Enel Americas'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: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	2755222.204	/	( ( (29962720.671 - 6242474.08)	+	(29567415.745 - 6291938.918) )	/ 2 )
	=	2755222.204	/	( ( 23720246.591	+	23275476.827 )	/ 2 )
	=	2755222.204	/	23497861.709
	=	11.73 %

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

Enel Americas (XSGO:ENELAM) 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.

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Enel Americas Business Description

Industry

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Address

Santa Rosa 76, Santiago, CHL, 1557

Website

https://www.enelamericas.com

Enel Americas SA has electricity generation, transmission, and distribution businesses in Argentina, Brazil, Colombia, Peru, Guatemala, Panama, and Costa Rica. As of December 31, 2021, company had 15,926 MW of net installed generation capacity and approximately 26.2 million distribution customers. The net installed generation capacity is comprised of 248 generation units, of which 42.3% are hydroelectric, 31.4% are thermal, 14.4% are wind, and 11.9% are solar power plants. As of and for the year ended December 31, 2021, company had consolidated assets of U.S$ 34,959 million and operating revenues of U.S$ 16,192 million.

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