Grupo Casas Bahia (Grupo Casas Bahia) ROCE % : -27.52% (As of Dec. 2023)

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What is Grupo Casas Bahia 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. Grupo Casas Bahia's annualized ROCE % for the quarter that ended in Dec. 2023 was -27.52%.

Grupo Casas Bahia ROCE % Historical Data

The historical data trend for Grupo Casas Bahia'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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Grupo Casas Bahia ROCE % Chart

Grupo Casas Bahia Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-13.77

13.58

-3.31

4.99

-14.66

Grupo Casas Bahia 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															4.99	0.56	-8.71	-22.01	-27.52

Grupo Casas Bahia ROCE % Calculation

Grupo Casas Bahia'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 )
	=	-418.18	/	( ( (6781.942 - 3765.204)	+	(6530.062 - 3842.81) )	/ 2 )
	=	-418.18	/	( (3016.738	+	2687.252)	/ 2 )
	=	-418.18	/	2851.995
	=	-14.66 %

Grupo Casas Bahia'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 )
	=	-764.112	/	( ( (6533.906 - 3668.172)	+	(6530.062 - 3842.81) )	/ 2 )
	=	-764.112	/	( ( 2865.734	+	2687.252 )	/ 2 )
	=	-764.112	/	2776.493
	=	-27.52 %

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

Grupo Casas Bahia (OTCPK:VIAYY) 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.

Grupo Casas Bahia ROCE % Related Terms

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Grupo Casas Bahia (Grupo Casas Bahia) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Grupo Casas Bahia SA (OTCPK:VIAYY) » Definitions » ROCE %

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Traded in Other Exchanges

BHIA3:Brazil

Address

Eldorado Business Tower Avenue, 8501 – 23rd floor, Pinheiros, Sao Caetano do Sul, SP, BRA, CEP 05425-070

Website

https://www.via.com.br

Grupo Casas Bahia SA formerly Via SA is a Brazil-based retailer that is principally engaged in the sale of consumer electronics, home appliances, mobile phones, and furniture. The company also provides credit card services to clients. The company operates through two traditional retail brand chains in Brazil; Casas Bahia and Pontofrio. Over two-thirds of the company's stores are under the Casas Bahia name, and all of its stores are located in Brazil. In addition to physical stores, the company also sells products through its websites of CNova.