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Cablevision Holding (LSE:CVH) ROCE % : 43.32% (As of Mar. 2024)


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What is Cablevision Holding 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. Cablevision Holding's annualized ROCE % for the quarter that ended in Mar. 2024 was 43.32%.


Cablevision Holding ROCE % Historical Data

The historical data trend for Cablevision Holding'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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Cablevision Holding ROCE % Chart

Cablevision Holding Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial 4.10 2.84 8.16 -15.21 -7.50

Cablevision Holding Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Dec23 Mar24
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -48.18 10.40 -2.04 - 43.32

Cablevision Holding ROCE % Calculation

Cablevision Holding'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 )
=-1458.712/( ( (32141.713 - 5356.696) + (15193.388 - 3066.191) )/ 2 )
=-1458.712/( (26785.017+12127.197)/ 2 )
=-1458.712/19456.107
=-7.50 %

Cablevision Holding'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 )
=4328.84/( ( (15193.388 - 3066.191) + (9677.382 - 1820.643) )/ 2 )
=4328.84/( ( 12127.197 + 7856.739 )/ 2 )
=4328.84/9991.968
=43.32 %

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

* 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.


Cablevision Holding  (LSE:CVH) 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.


Cablevision Holding ROCE % Related Terms

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Cablevision Holding (LSE:CVH) Business Description

Traded in Other Exchanges
Address
Tacuari 1842, 4th Floor, Buenos Aires, ARG, 1842
Cablevision Holding SA is an investment holding company engaged in the development of infrastructure and delivery of convergent telecommunications services, focused on Argentina and the region. It operates through the following segment: Services rendered in Argentina, and Other abroad segments. The group focuses its investments in the telecommunications sector through the distribution of video, voice, and data. Its revenue is generated from fixed and mobile telephony, cable television and broadband operations.

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