Brisanet Participacoes (BSP:BRIT3) ROCE % : 9.54% (As of Sep. 2024)

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What is Brisanet Participacoes 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. Brisanet Participacoes's annualized ROCE % for the quarter that ended in Sep. 2024 was 9.54%.

Brisanet Participacoes ROCE % Historical Data

The historical data trend for Brisanet Participacoes'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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Brisanet Participacoes ROCE % Chart

Brisanet Participacoes Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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39.25

20.58

12.80

9.93

11.57

Brisanet Participacoes Quarterly Data
	Dec18	Dec19	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															10.44	11.40	8.87	8.10	9.54

Brisanet Participacoes ROCE % Calculation

Brisanet Participacoes'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 )
	=	315.426	/	( ( (3078.284 - 450.11)	+	(3196.278 - 372.919) )	/ 2 )
	=	315.426	/	( (2628.174	+	2823.359)	/ 2 )
	=	315.426	/	2725.7665
	=	11.57 %

Brisanet Participacoes's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	290.544	/	( ( (3300.408 - 508.181)	+	(4057.688 - 756.225) )	/ 2 )
	=	290.544	/	( ( 2792.227	+	3301.463 )	/ 2 )
	=	290.544	/	3046.845
	=	9.54 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2024) EBIT data.

Brisanet Participacoes (BSP:BRIT3) 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.

Brisanet Participacoes ROCE % Related Terms

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Brisanet Participacoes Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Brisanet Participacoes SA (BSP:BRIT3) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

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Address

Rodovia CE 138 KM 14, s/n, Estrada Carrossal Brisa 1Km, Portao A, Pereiro, CE, BRA, 63460-000

Website

https://www.brisanet.com.br

Brisanet Participacoes SA provides telecommunication services. The company offers fiber optic technology and radio, fixed telephony, and VOIP services in Brazil. The services of the company include the provision of telecommunication services such as MCS (Multimedia Communication Service), equipment rental, IT services, radio and optical fiber network installation services, and others.

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