Cibanco S A Institucion De Banca Multiple (Cibanco S A Institucion De Banca Multiple) ROCE % : 5.91% (As of Mar. 2024)

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What is Cibanco S A Institucion De Banca Multiple 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. Cibanco S A Institucion De Banca Multiple's annualized ROCE % for the quarter that ended in Mar. 2024 was 5.91%.

Cibanco S A Institucion De Banca Multiple ROCE % Historical Data

The historical data trend for Cibanco S A Institucion De Banca Multiple'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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Cibanco S A Institucion De Banca Multiple ROCE % Chart

Cibanco S A Institucion De Banca Multiple Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

ROCE %

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5.15

4.21

-3.58

1.95

8.49

Cibanco S A Institucion De Banca Multiple Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
ROCE %	Get a 7-Day Free Trial															19.57	6.76	6.99	4.38	5.91

Cibanco S A Institucion De Banca Multiple ROCE % Calculation

Cibanco S A Institucion De Banca Multiple's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	69.656	/	( ( (827.495 - 32.987)	+	(896.544 - 50.059) )	/ 2 )
	=	69.656	/	( (794.508	+	846.485)	/ 2 )
	=	69.656	/	820.4965
	=	8.49 %

Cibanco S A Institucion De Banca Multiple'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: Sep. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Sep. 2023 )		(Q: Mar. 2024 )
	=	57.724	/	( ( (1010.65 - 63.825)	+	(1067.305 - 59.911) )	/ 2 )
	=	57.724	/	( ( 946.825	+	1007.394 )	/ 2 )
	=	57.724	/	977.1095
	=	5.91 %

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

Cibanco S A Institucion De Banca Multiple (OTCPK:DBMXF) 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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Cibanco S A Institucion De Banca Multiple (Cibanco S A Institucion De Banca Multiple) Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Cibanco S A Institucion De Banca Multiple (OTCPK:DBMXF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

FIHO12:Mexico

Address

Avendia Santa Fe No. 481, 7th Floor, Torre Corporativo World Plaza, Colonia Cruz Manca, Alcaldia Cuajimalpa, Mexico, MEX, MEX, 05349

Website

https://www.fibrahotel.com

Cibanco S A Institucion De Banca Multiple formerly FibraHotel operates as a real estate investment trust in the Mexican hospitality industry. It manages a portfolio of business class hotels under the brands like Fiesta Inn, One Hotels, AC by Marriott, Sheraton, Fiesta Americana, Camino Real, and Real Inn. Its hotels are categorized in terms of their services into Limited Service, hotels without restaurants; Select Service, hotels with additional services, such as bars, room service, and conference room; Full Service, hotels with consumption centers and meeting rooms and Hotels with studio apartments, work areas and full kitchen. FibraHotel's business mainly depends on its room revenues. It also derives nominal income from foodservice and leases.