Maritima de Inversiones (XSGO:MARINSA) ROCE % : -15.47% (As of Sep. 2024)

View and export this data going back to 1982. Start your Free Trial

What is Maritima de Inversiones 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. Maritima de Inversiones's annualized ROCE % for the quarter that ended in Sep. 2024 was -15.47%.

Maritima de Inversiones ROCE % Historical Data

The historical data trend for Maritima de Inversiones'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.

* Premium members only.

Maritima de Inversiones ROCE % Chart

Maritima de Inversiones Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

20.24

9.37

75.02

19.93

19.71

Maritima de Inversiones 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															-1.89	13.48	78.84	26.52	-15.47

Maritima de Inversiones ROCE % Calculation

Maritima de Inversiones'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 )
	=	54496.964	/	( ( (265856.33 - 1718.016)	+	(291551.482 - 2762.072) )	/ 2 )
	=	54496.964	/	( (264138.314	+	288789.41)	/ 2 )
	=	54496.964	/	276463.862
	=	19.71 %

Maritima de Inversiones'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 )
	=	-50095.496	/	( ( (361841.741 - 21109.887)	+	(307748.007 - 776.992) )	/ 2 )
	=	-50095.496	/	( ( 340731.854	+	306971.015 )	/ 2 )
	=	-50095.496	/	323851.4345
	=	-15.47 %

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

Maritima de Inversiones (XSGO:MARINSA) 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.

Maritima de Inversiones ROCE % Related Terms

Thank you for viewing the detailed overview of Maritima de Inversiones's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Maritima de Inversiones Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Maritima de Inversiones SA (XSGO:MARINSA) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Hendaya 60, 15th Floor, Santiago, CHL

Website

https://www.marinsa.cl

Maritima de Inversiones SA is a holding company engaged in the maritime transport, freight, and cargo and shipping services. The company focuses on maritime transport vehicles, docking, storage and other port services, and investment in related companies. It also manufactures parts of steel for mining and balls for grinding.

Maritima de Inversiones Headlines

No Headlines