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Insumos AGroquimicos (BUE:INAG) ROCE % : 54.71% (As of Dec. 2023)


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What is Insumos AGroquimicos 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. Insumos AGroquimicos's annualized ROCE % for the quarter that ended in Dec. 2023 was 54.71%.


Insumos AGroquimicos ROCE % Historical Data

The historical data trend for Insumos AGroquimicos'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.

Insumos AGroquimicos ROCE % Chart

Insumos AGroquimicos Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
ROCE %
Get a 7-Day Free Trial 17.31 32.20 38.15 63.00 91.16

Insumos AGroquimicos Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Sep23 Dec23
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 187.30 157.52 59.51 57.83 54.71

Insumos AGroquimicos ROCE % Calculation

Insumos AGroquimicos's annualized ROCE % for the fiscal year that ended in Mar. 2022 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2022 )  (A: Mar. 2021 )(A: Mar. 2022 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2022 )  (A: Mar. 2021 )(A: Mar. 2022 )
=539.426/( ( (3181.659 - 2672.712) + (4027.474 - 3353.012) )/ 2 )
=539.426/( (508.947+674.462)/ 2 )
=539.426/591.7045
=91.16 %

Insumos AGroquimicos'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 )
=4769.172/( ( (18896.393 - 15030.612) + (45348.842 - 31780.641) )/ 2 )
=4769.172/( ( 3865.781 + 13568.201 )/ 2 )
=4769.172/8716.991
=54.71 %

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


Insumos AGroquimicos  (BUE:INAG) 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.


Insumos AGroquimicos ROCE % Related Terms

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Insumos AGroquimicos (BUE:INAG) Business Description

Traded in Other Exchanges
N/A
Address
Avenida Santa Fe 1731, 3rd floor, Buenos Aires, ARG, C1060ABD
Insumos AGroquimicos SA operates in the agricultural inputs sector. The company sells, distributes and markets insecticides, herbicides, fungicides, seed treatments and seed inoculants.

Insumos AGroquimicos (BUE:INAG) Headlines