Empresa de Serviciosntitarios de Los Lagos (XSGO:ESSAL-B) ROCE % : 10.18% (As of Mar. 2021)

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What is Empresa de Serviciosntitarios de Los Lagos 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. Empresa de Serviciosntitarios de Los Lagos's annualized ROCE % for the quarter that ended in Mar. 2021 was 10.18%.

Empresa de Serviciosntitarios de Los Lagos ROCE % Historical Data

The historical data trend for Empresa de Serviciosntitarios de Los Lagos'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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Empresa de Serviciosntitarios de Los Lagos ROCE % Chart

Empresa de Serviciosntitarios de Los Lagos Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

ROCE %

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14.16

12.68

10.94

2.54

7.37

Empresa de Serviciosntitarios de Los Lagos Quarterly Data
	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21
ROCE %	Get a 7-Day Free Trial															7.72	11.96	2.07	6.77	10.18

Empresa de Serviciosntitarios de Los Lagos ROCE % Calculation

Empresa de Serviciosntitarios de Los Lagos's annualized ROCE % for the fiscal year that ended in Dec. 2020 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2020 )		(A: Dec. 2019 )		(A: Dec. 2020 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2020 )		(A: Dec. 2019 )		(A: Dec. 2020 )
	=	13336.019	/	( ( (201013.491 - 29613.227)	+	(218663.447 - 28188.105) )	/ 2 )
	=	13336.019	/	( (171400.264	+	190475.342)	/ 2 )
	=	13336.019	/	180937.803
	=	7.37 %

Empresa de Serviciosntitarios de Los Lagos's ROCE % of for the quarter that ended in Mar. 2021 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2021 )		(Q: Dec. 2020 )		(Q: Mar. 2021 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2021 )		(Q: Dec. 2020 )		(Q: Mar. 2021 )
	=	19590.388	/	( ( (218663.447 - 28188.105)	+	(232363.002 - 37998.822) )	/ 2 )
	=	19590.388	/	( ( 190475.342	+	194364.18 )	/ 2 )
	=	19590.388	/	192419.761
	=	10.18 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2021) EBIT data.

Empresa de Serviciosntitarios de Los Lagos (XSGO:ESSAL-B) 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.

Empresa de Serviciosntitarios de Los Lagos ROCE % Related Terms

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Empresa de Serviciosntitarios de Los Lagos (XSGO:ESSAL-B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Empresa de Servicios Santitarios de Los Lagos SA (XSGO:ESSAL-B) » Definitions » ROCE %

Comparable Companies

XSGO:ESSBIO-C XSGO:IAM

Traded in Other Exchanges

N/A

Address

Covadonga No. 52, Puerto Montt, CHL

Website

http://www.essal.cl

Empresa de Servicios Santitarios de Los Lagos SA provides drinking water and wastewater services. Its services include drinking water, sewerage, liquid industrial waste treatment, and feasibilities.

Empresa de Serviciosntitarios de Los Lagos (XSGO:ESSAL-B) Headlines

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