Azevedo E Travassos (BSP:AZEV3) ROCE % : -20.20% (As of Sep. 2024)

View and export this data going back to 2005. Start your Free Trial

What is Azevedo E Travassos 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. Azevedo E Travassos's annualized ROCE % for the quarter that ended in Sep. 2024 was -20.20%.

Azevedo E Travassos ROCE % Historical Data

The historical data trend for Azevedo E Travassos'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.

* Premium members only.

Azevedo E Travassos ROCE % Chart

Azevedo E Travassos Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

196.73

-39.60

-5.27

Azevedo E Travassos 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															-45.88	-5.69	-15.38	-98.40	-20.20

Azevedo E Travassos ROCE % Calculation

Azevedo E Travassos'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 )
	=	-20.526	/	( ( (546.838 - 228.221)	+	(773.109 - 313.423) )	/ 2 )
	=	-20.526	/	( (318.617	+	459.686)	/ 2 )
	=	-20.526	/	389.1515
	=	-5.27 %

Azevedo E Travassos'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 )
	=	-80.724	/	( ( (686.918 - 337.399)	+	(777.7 - 327.829) )	/ 2 )
	=	-80.724	/	( ( 349.519	+	449.871 )	/ 2 )
	=	-80.724	/	399.695
	=	-20.20 %

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

Azevedo E Travassos (BSP:AZEV3) 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.

Azevedo E Travassos ROCE % Related Terms

Thank you for viewing the detailed overview of Azevedo E Travassos's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Azevedo E Travassos Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Azevedo E Travassos SA (BSP:AZEV3) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

AZEV4:Brazil

Address

Avenida das Nacoes Unidas, 12901, North Tower, 21st floor, Sao Paulo, SP, BRA, 2102

Website

https://www.azevedotravassos.com.br

Azevedo E Travassos SA is an engineering and construction contractor. The company's business areas include heavy and civil construction; electromechanical assembly; well drilling and completion; property development and oil exploration and production. It builds highways, roads, bridges, airports, residential, commercial, industrial health care and buildings, and others.

Azevedo E Travassos Headlines

No Headlines