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Brava Energia (BSP:BRAV3) Return-on-Tangible-Asset : 9.42% (As of Mar. 2025)


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What is Brava Energia Return-on-Tangible-Asset?

Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Brava Energia's annualized Net Income for the quarter that ended in Mar. 2025 was R$3,317 Mil. Brava Energia's average total tangible assets for the quarter that ended in Mar. 2025 was R$35,199 Mil. Therefore, Brava Energia's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 was 9.42%.

The historical rank and industry rank for Brava Energia's Return-on-Tangible-Asset or its related term are showing as below:

BSP:BRAV3' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -31.06   Med: -3.3   Max: 4.48
Current: 0.61

During the past 9 years, Brava Energia's highest Return-on-Tangible-Asset was 4.48%. The lowest was -31.06%. And the median was -3.30%.

BSP:BRAV3's Return-on-Tangible-Asset is ranked worse than
58.7% of 1063 companies
in the Oil & Gas industry
Industry Median: 2.19 vs BSP:BRAV3: 0.61

Brava Energia Return-on-Tangible-Asset Historical Data

The historical data trend for Brava Energia's Return-on-Tangible-Asset 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.

Brava Energia Return-on-Tangible-Asset Chart

Brava Energia Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only -31.06 -0.03 3.35 4.48 -3.72

Brava Energia Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Return-on-Tangible-Asset 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 -7.14 -10.32 13.56 -13.01 9.42

Competitive Comparison of Brava Energia's Return-on-Tangible-Asset

For the Oil & Gas E&P subindustry, Brava Energia's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Brava Energia's Return-on-Tangible-Asset Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Brava Energia's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Brava Energia's Return-on-Tangible-Asset falls into.


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Brava Energia Return-on-Tangible-Asset Calculation

Brava Energia's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=-909.691/( (13098.368+35767.917)/ 2 )
=-909.691/24433.1425
=-3.72 %

Brava Energia's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=3316.696/( (35767.917+34629.777)/ 2 )
=3316.696/35198.847
=9.42 %

* 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.

In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is four times the quarterly (Mar. 2025) net income data.


Brava Energia  (BSP:BRAV3) Return-on-Tangible-Asset Explanation

Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.


Be Aware

Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the company’s earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a company’s tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.


Brava Energia Return-on-Tangible-Asset Related Terms

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Brava Energia Business Description

Industry
Traded in Other Exchanges
N/A
Address
Praia de Botafogo, 186, 16th Floor, Botafogo, Rio de Janeiro, RJ, BRA, 22250-145
Brava Energia SA is engaged in the oil and gas sector with a focus on the redevelopment of mature production fields located onshore, in shallow waters, and offshore. The company operates in the following business segments: Exploration and Production (E&P), Mid and Downstream, and Corporate and other businesses. Maximum revenue is generated from the Mid and Downstream segment, which includes the activities of refining, logistics, transportation, acquisition and export of crude oil, as well as the purchase and sale of oil derivatives in Brazil. This segment acquires crude oil from the E&P segment and acquires oil derivatives in local and international markets. The Exploration and Production segment includes oil and gas exploration and production activities in Brazil.

Brava Energia Headlines

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