Gasco Inversiones (XSGO:GASCOINV) ROCE % : 11.52% (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Gasco 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. Gasco Inversiones's annualized ROCE % for the quarter that ended in Dec. 2023 was 11.52%.

Gasco Inversiones ROCE % Historical Data

The historical data trend for Gasco 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.

Gasco Inversiones ROCE % Chart

Gasco Inversiones Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

ROCE %

-0.02

10.53

7.31

6.06

Gasco Inversiones Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial								1.49	0.74	12.76	-0.77	11.52

Gasco Inversiones ROCE % Calculation

Gasco 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 )
	=	4297.902	/	( ( (69099.092 - 237.616)	+	(73496.632 - 439.469) )	/ 2 )
	=	4297.902	/	( (68861.476	+	73057.163)	/ 2 )
	=	4297.902	/	70959.3195
	=	6.06 %

Gasco Inversiones's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	8293.944	/	( ( (71229.451 - 268.131)	+	(73496.632 - 439.469) )	/ 2 )
	=	8293.944	/	( ( 70961.32	+	73057.163 )	/ 2 )
	=	8293.944	/	72009.2415
	=	11.52 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Gasco Inversiones (XSGO:GASCOINV) 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.

Gasco Inversiones ROCE % Related Terms

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

Gasco Inversiones (XSGO:GASCOINV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Gasco Inversiones SA (XSGO:GASCOINV) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Santo Domingo 1061, Santiago, CHL

Website

https://www.gascoinversiones.com

Gasco Inversiones SA operates as a investment management company. It is involved in the real estate assets and other investments.

Gasco Inversiones (XSGO:GASCOINV) Headlines

No Headlines