Industrias Productos Alimenticios (XSGO:IPAL) ROCE % : 22.38% (As of Mar. 2024)

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What is Industrias Productos Alimenticios 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. Industrias Productos Alimenticios's annualized ROCE % for the quarter that ended in Mar. 2024 was 22.38%.

Industrias Productos Alimenticios ROCE % Historical Data

The historical data trend for Industrias Productos Alimenticios'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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Industrias Productos Alimenticios ROCE % Chart

Industrias Productos Alimenticios Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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2.18

-4.68

-1.58

-11.22

5.44

Industrias Productos Alimenticios Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															14.79	5.78	-2.63	4.97	22.38

Industrias Productos Alimenticios ROCE % Calculation

Industrias Productos Alimenticios'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 )
	=	3013.321	/	( ( (70210.907 - 15828.106)	+	(77693.856 - 21249.154) )	/ 2 )
	=	3013.321	/	( (54382.801	+	56444.702)	/ 2 )
	=	3013.321	/	55413.7515
	=	5.44 %

Industrias Productos Alimenticios's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	12968.528	/	( ( (77693.856 - 21249.154)	+	(84282.637 - 24830.044) )	/ 2 )
	=	12968.528	/	( ( 56444.702	+	59452.593 )	/ 2 )
	=	12968.528	/	57948.6475
	=	22.38 %

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

Industrias Productos Alimenticios (XSGO:IPAL) 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.

Industrias Productos Alimenticios ROCE % Related Terms

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Industrias Productos Alimenticios (XSGO:IPAL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Industrias Productos Alimenticios SA (XSGO:IPAL) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Orinoco 90 street, 22nd floor, Las Condes district, Santiago, CHL

Website

http://www.proalsa.cl

Industrias Productos Alimenticios SA is a Chile based firm. It manufactures and markets food products. Its product portfolio comprises of traditional cereal, breakfast cereal, adult cereal, soups, creams, individual soups, broths and thick soups.

Industrias Productos Alimenticios (XSGO:IPAL) Headlines

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