Terranta Propriedades Agricolas (BSP:LAND3) ROCE % : 6.43% (As of Sep. 2024)

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What is Terranta Propriedades Agricolas 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. Terranta Propriedades Agricolas's annualized ROCE % for the quarter that ended in Sep. 2024 was 6.43%.

Terranta Propriedades Agricolas ROCE % Historical Data

The historical data trend for Terranta Propriedades Agricolas'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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Terranta Propriedades Agricolas ROCE % Chart

Terranta Propriedades Agricolas Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

ROCE %

7.52

9.17

6.69

7.28

Terranta Propriedades Agricolas Quarterly Data
	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													6.74	8.89	6.09	1.21	6.43

Terranta Propriedades Agricolas ROCE % Calculation

Terranta Propriedades Agricolas'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 )
	=	63.726	/	( ( (974.76 - 101.244)	+	(942.362 - 65.341) )	/ 2 )
	=	63.726	/	( (873.516	+	877.021)	/ 2 )
	=	63.726	/	875.2685
	=	7.28 %

Terranta Propriedades Agricolas'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 )
	=	55.368	/	( ( (935.269 - 77.232)	+	(926.713 - 61.486) )	/ 2 )
	=	55.368	/	( ( 858.037	+	865.227 )	/ 2 )
	=	55.368	/	861.632
	=	6.43 %

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

Terranta Propriedades Agricolas (BSP:LAND3) 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.

Terranta Propriedades Agricolas ROCE % Related Terms

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Terranta Propriedades Agricolas Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Terra Santa Propriedades Agricolas SA (BSP:LAND3) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Praca General Gentil Falcao, 108, 8th Floor - Apt 81 Cidade Moncoes, Sao Paulo, SP, BRA, 04571-150

Website

http://www.terrasantaagro.com

Terra Santa Propriedades Agricolas SA is an agricultural commodities producer focused on the production of soybean, corn, and cotton. It operates several production units located in the Brazilian state, Mato Grosso.

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