Aeris Industria E Comercio de Equipamentos para Geracao de Energia (BSP:AERI3) ROCE % : -4.55% (As of Sep. 2024)

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What is Aeris Industria E Comercio de Equipamentos para Geracao de Energia 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. Aeris Industria E Comercio de Equipamentos para Geracao de Energia's annualized ROCE % for the quarter that ended in Sep. 2024 was -4.55%.

Aeris Industria E Comercio de Equipamentos para Geracao de Energia ROCE % Historical Data

The historical data trend for Aeris Industria E Comercio de Equipamentos para Geracao de Energia'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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Aeris Industria E Comercio de Equipamentos para Geracao de Energia ROCE % Chart

Aeris Industria E Comercio de Equipamentos para Geracao de Energia Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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33.28

21.67

9.64

3.48

5.15

Aeris Industria E Comercio de Equipamentos para Geracao de Energia Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															1.27	-3.75	0.78	6.39	-4.55

Aeris Industria E Comercio de Equipamentos para Geracao de Energia ROCE % Calculation

Aeris Industria E Comercio de Equipamentos para Geracao de Energia'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 )
	=	121.845	/	( ( (4371.157 - 1956.006)	+	(4014.481 - 1695.579) )	/ 2 )
	=	121.845	/	( (2415.151	+	2318.902)	/ 2 )
	=	121.845	/	2367.0265
	=	5.15 %

Aeris Industria E Comercio de Equipamentos para Geracao de Energia'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 )
	=	-86.984	/	( ( (3654.948 - 1532.624)	+	(3580.115 - 1877.418) )	/ 2 )
	=	-86.984	/	( ( 2122.324	+	1702.697 )	/ 2 )
	=	-86.984	/	1912.5105
	=	-4.55 %

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

Aeris Industria E Comercio de Equipamentos para Geracao de Energia (BSP:AERI3) 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.

Aeris Industria E Comercio de Equipamentos para Geracao de Energia ROCE % Related Terms

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Aeris Industria E Comercio de Equipamentos para Geracao de Energia Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Aeris Industria E Comercio de Equipamentos para Geracao de Energia SA (BSP:AERI3) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Rodovia CE 155, km 02, Pecem Industrial and Port Complex, Caucaia, CE, BRA, 61680-000

Website

https://www.aerisenergy.com.br

Aeris Industria E Comercio de Equipamentos para Geracao de Energia SA operates in the renewable energy sector. The company is engaged in the manufacture of wind blades. Also, the company provides inspection, maintenance, and other after-sales services. Its factory is located in the Northeast region of Brazil, near the city of Fortaleza, Ceara.

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