Patria Investimentosa. (BSP:PATC11) ROCE % : -37.15% (As of Dec. 2023)

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What is Patria Investimentosa. 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. Patria Investimentosa.'s annualized ROCE % for the quarter that ended in Dec. 2023 was -37.15%.

Patria Investimentosa. ROCE % Historical Data

The historical data trend for Patria Investimentosa.'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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Patria Investimentosa. ROCE % Chart

Patria Investimentosa. Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

2.20

5.12

2.34

5.61

-37.15

Patria Investimentosa. Semi-Annual Data
	Dec19	Dec20	Dec21	Dec22	Dec23
ROCE %	2.20	5.12	2.34	5.61	-37.15

Patria Investimentosa. ROCE % Calculation

Patria Investimentosa.'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 )
	=	-75.947	/	( ( (277.269 - 11.641)	+	(149.762 - 6.488) )	/ 2 )
	=	-75.947	/	( (265.628	+	143.274)	/ 2 )
	=	-75.947	/	204.451
	=	-37.15 %

Patria Investimentosa.'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: Dec. 2022 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Dec. 2022 )		(Q: Dec. 2023 )
	=	-75.947	/	( ( (277.269 - 11.641)	+	(149.762 - 6.488) )	/ 2 )
	=	-75.947	/	( ( 265.628	+	143.274 )	/ 2 )
	=	-75.947	/	204.451
	=	-37.15 %

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

Patria Investimentosa. (BSP:PATC11) 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.

Patria Investimentosa. ROCE % Related Terms

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Patria Investimentosa. (BSP:PATC11) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Patria Investimentos Ltda. (BSP:PATC11) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Avenida Cidade Jardim, 803 - 10th Floor, Sau Paulo, SP, BRA, 01453 000

Website

https://www.patria.com

Pátria Investimentos Ltda. is an alternative investment management firm focused on Latin American assets. The company's investment portfolio comprises Private Equity, Infrastructure, Real estate, and Credit solutions.

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