Track & Field Co (BSP:TFCO4) ROCE % : 38.71% (As of Dec. 2024)

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What is Track & Field Co 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. Track & Field Co's annualized ROCE % for the quarter that ended in Dec. 2024 was 38.71%.

Track & Field Co ROCE % Historical Data

The historical data trend for Track & Field Co'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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Track & Field Co ROCE % Chart

Track & Field Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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26.62

32.13

33.77

31.92

28.59

Track & Field Co Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															37.85	25.90	28.34	27.76	38.71

Track & Field Co ROCE % Calculation

Track & Field Co's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	159.697	/	( ( (682.102 - 177.724)	+	(825.166 - 212.423) )	/ 2 )
	=	159.697	/	( (504.378	+	612.743)	/ 2 )
	=	159.697	/	558.5605
	=	28.59 %

Track & Field Co's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	226.988	/	( ( (728.862 - 168.938)	+	(825.166 - 212.423) )	/ 2 )
	=	226.988	/	( ( 559.924	+	612.743 )	/ 2 )
	=	226.988	/	586.3335
	=	38.71 %

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

Track & Field Co (BSP:TFCO4) 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.

Track & Field Co ROCE % Related Terms

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Track & Field Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Track & Field Co SA (BSP:TFCO4) » Definitions » ROCE %

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Traded in Other Exchanges

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Address

no 387, 8th and 9th Floor, Rua Dr. Eduardo Souza Aranha, Edificio Juscelino Plaza, Sao Paulo, SP, BRA, 04543-121

Website

https://www.tfco.com.br

Track & Field Co SA is a sports apparel retailer. The company's portfolio consists of sportswear, Beachwear, Sports accessories, and sports shoes (footwear).

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