Refinaria De Petroleos Manguinhos (BSP:RPMG3) ROCE % : 0.00% (As of Sep. 2023)

View and export this data going back to 1995. Start your Free Trial

What is Refinaria De Petroleos Manguinhos 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. Refinaria De Petroleos Manguinhos's annualized ROCE % for the quarter that ended in Sep. 2023 was 0.00%.

Refinaria De Petroleos Manguinhos ROCE % Historical Data

The historical data trend for Refinaria De Petroleos Manguinhos'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.

Refinaria De Petroleos Manguinhos ROCE % Chart

Refinaria De Petroleos Manguinhos Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

ROCE %

Get a 7-Day Free Trial

Refinaria De Petroleos Manguinhos Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
ROCE %	Get a 7-Day Free Trial															-	-	-	-	-

Refinaria De Petroleos Manguinhos ROCE % Calculation

Refinaria De Petroleos Manguinhos'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 )
	=	-861.918	/	( ( (4196.772 - 7092.326)	+	(5044.804 - 8931.289) )	/ 2 )
	=	-861.918	/	( (-2895.554	+	-3886.485)	/ 2 )
	=	-861.918	/	-3391.0195
	=	25.42 %

Refinaria De Petroleos Manguinhos's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	-1133.832	/	( ( (5597.037 - 9597.719)	+	(5923.485 - 10093.884) )	/ 2 )
	=	-1133.832	/	( ( -4000.682	+	-4170.399 )	/ 2 )
	=	-1133.832	/	-4085.5405
	=	0 %

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

Refinaria De Petroleos Manguinhos (BSP:RPMG3) 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.

Refinaria De Petroleos Manguinhos ROCE % Related Terms

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

Refinaria De Petroleos Manguinhos (BSP:RPMG3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Refinaria De Petroleos Manguinhos SA (BSP:RPMG3) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Avenida Brasil, 3141, Manguinhos, Rio de Janeiro, RJ, BRA, 20930041

Website

http://www.refinariademanguinhos.com

Refinaria De Petroleos Manguinhos SA is engaged in the operation of the oil refinery, import, sale and export of crude oil and its derivatives, and provision of services related to the refining activity, among others.

Refinaria De Petroleos Manguinhos (BSP:RPMG3) Headlines

No Headlines