Financeira Alfa - Credito Financiamento e Investimentos (BSP:CRIV4) ROCE % : 28.16% (As of Dec. 2023)

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What is Financeira Alfa - Credito Financiamento e Investimentos 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. Financeira Alfa - Credito Financiamento e Investimentos's annualized ROCE % for the quarter that ended in Dec. 2023 was 28.16%.

Financeira Alfa - Credito Financiamento e Investimentos ROCE % Historical Data

The historical data trend for Financeira Alfa - Credito Financiamento e Investimentos'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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Financeira Alfa - Credito Financiamento e Investimentos ROCE % Chart

Financeira Alfa - Credito Financiamento e Investimentos Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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10.04

2.36

-0.50

12.37

21.17

Financeira Alfa - Credito Financiamento e Investimentos 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															17.56	31.15	132.95	52.46	28.16

Financeira Alfa - Credito Financiamento e Investimentos ROCE % Calculation

Financeira Alfa - Credito Financiamento e Investimentos'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 )
	=	1660.756	/	( ( (13402.157 - 4309.924)	+	(17373.482 - 10772.977) )	/ 2 )
	=	1660.756	/	( (9092.233	+	6600.505)	/ 2 )
	=	1660.756	/	7846.369
	=	21.17 %

Financeira Alfa - Credito Financiamento e Investimentos'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 )
	=	1689.988	/	( ( (14230.912 - 8830.668)	+	(17373.482 - 10772.977) )	/ 2 )
	=	1689.988	/	( ( 5400.244	+	6600.505 )	/ 2 )
	=	1689.988	/	6000.3745
	=	28.16 %

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

Financeira Alfa - Credito Financiamento e Investimentos (BSP:CRIV4) 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.

Financeira Alfa - Credito Financiamento e Investimentos ROCE % Related Terms

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Financeira Alfa - Credito Financiamento e Investimentos (BSP:CRIV4) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Financeira Alfa SA - Credito Financiamento e Investimentos (BSP:CRIV4) » Definitions » ROCE %

Traded in Other Exchanges

CRIV3:Brazil

Address

Alameda Santos 466 - 4 Andar/parte, Sao Paulo, SP, BRA, 1418000

Website

http://www.alfanet.com.br

Financeira Alfa SA - Credito Financiamento e Investimentos is engaged in providing banking and financial services such as checking accounts, fundings, investment funds, insurance, pensions, and fixed income securities, among others.

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