Carlos Casado (BUE:CADO) ROCE % : 16.30% (As of Dec. 2023)

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What is Carlos Casado 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. Carlos Casado's annualized ROCE % for the quarter that ended in Dec. 2023 was 16.30%.

Carlos Casado ROCE % Historical Data

The historical data trend for Carlos Casado'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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Carlos Casado ROCE % Chart

Carlos Casado Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Jun20

Jun21

Jun22

Jun23

ROCE %

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36.86

1.87

10.40

-1.59

8.45

Carlos Casado Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															-14.19	43.79	9.55	-1.17	16.30

Carlos Casado ROCE % Calculation

Carlos Casado's annualized ROCE % for the fiscal year that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	1027.854	/	( ( (13694.685 - 1569.138)	+	(13506.642 - 1302.622) )	/ 2 )
	=	1027.854	/	( (12125.547	+	12204.02)	/ 2 )
	=	1027.854	/	12164.7835
	=	8.45 %

Carlos Casado'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 )
	=	4233.712	/	( ( (17874.575 - 1623.844)	+	(40063.731 - 4376.117) )	/ 2 )
	=	4233.712	/	( ( 16250.731	+	35687.614 )	/ 2 )
	=	4233.712	/	25969.1725
	=	16.30 %

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

Carlos Casado (BUE:CADO) 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.

Carlos Casado ROCE % Related Terms

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Carlos Casado (BUE:CADO) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Carlos Casado SA (BUE:CADO) » Definitions » ROCE %

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Address

Building Torre Alem Plaza, 15th Floor, Avda. Leandro N Alem 855, Buenos Aires, ARG, CP1001

Website

http://www.carloscasadosa.com

Carlos Casado SA is an agricultural company in Latin America. The company has diversified its operations into three segments, being Transformation of Land, Agriculture, and Livestock. Transformation of Land segment focuses on acquisition and management of land properties. Agricultural activities focus on the dry production of soybean and corn in a balanced rotation to conserve the potential of the soil. Livestock activities include animal feeding operation.

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