CRESY (CresudCIF y A) ROCE % : -15.70% (As of Sep. 2024)

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What is CresudCIF y A 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. CresudCIF y A's annualized ROCE % for the quarter that ended in Sep. 2024 was -15.70%.

CresudCIF y A ROCE % Historical Data

The historical data trend for CresudCIF y A'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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CresudCIF y A ROCE % Chart

CresudCIF y A Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

ROCE %

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11.75

11.92

91.58

4.24

1.25

CresudCIF y A 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															51.91	-3.61	-35.86	24.51	-15.70

CresudCIF y A ROCE % Calculation

CresudCIF y A's annualized ROCE % for the fiscal year that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2024 )		(A: Jun. 2023 )		(A: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2024 )		(A: Jun. 2023 )		(A: Jun. 2024 )
	=	103.866	/	( ( (16554.017 - 3018.971)	+	(3878.404 - 734.344) )	/ 2 )
	=	103.866	/	( (13535.046	+	3144.06)	/ 2 )
	=	103.866	/	8339.553
	=	1.25 %

CresudCIF y A'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 )
	=	-491.428	/	( ( (3878.404 - 734.344)	+	(3892.1 - 774.903) )	/ 2 )
	=	-491.428	/	( ( 3144.06	+	3117.197 )	/ 2 )
	=	-491.428	/	3130.6285
	=	-15.70 %

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

CresudCIF y A (NAS:CRESY) 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.

CresudCIF y A ROCE % Related Terms

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CresudCIF y A Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Cresud SACIF y A (NAS:CRESY) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

CD8:Germany CD8:Germany CRES:Argentina

Address

Carlos M. Della Paolera 261, 9th Floor, Buenos Aires, ARG, C1001ADA

Website

https://www.cresud.com.ar

Cresud SACIF y A is engaged in agricultural business and urban properties and investment business. Under its agricultural business the company produces oilseed grains and cereals, sugar cane and meat. The Agricultural business of the company is further comprised of four reportable segments which are Agricultural production, Land transformation and Sales, Corporate and Other segments. The company participates in the real estate business in Argentina through its subsidiary IRSA. The real estate business is further comprised of five reportable segments, namely Shopping Malls, Offices, Sales and Developments, Hotels and others.