Estre Ambiental (Estre Ambiental) ROCE % : 0.00% (As of Jun. 2019)

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What is Estre Ambiental 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. Estre Ambiental's annualized ROCE % for the quarter that ended in Jun. 2019 was 0.00%.

Estre Ambiental ROCE % Historical Data

The historical data trend for Estre Ambiental'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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Estre Ambiental ROCE % Chart

Estre Ambiental Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

ROCE %

-0.20

9.14

-72.44

Estre Ambiental Quarterly Data
	Jul15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Jun18	Dec18	Jun19
ROCE %	Get a 7-Day Free Trial								-0.56	36.74	-	-	-

Estre Ambiental ROCE % Calculation

Estre Ambiental's annualized ROCE % for the fiscal year that ended in Dec. 2018 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2018 )		(A: Dec. 2017 )		(A: Dec. 2018 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2018 )		(A: Dec. 2017 )		(A: Dec. 2018 )
	=	-144.433	/	( ( (723.473 - 186.755)	+	(418.382 - 556.356) )	/ 2 )
	=	-144.433	/	( (536.718	+	-137.974)	/ 2 )
	=	-144.433	/	199.372
	=	-72.44 %

Estre Ambiental's ROCE % of for the quarter that ended in Jun. 2019 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2019 )		(Q: Dec. 2018 )		(Q: Jun. 2019 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2019 )		(Q: Dec. 2018 )		(Q: Jun. 2019 )
	=	0	/	( ( (418.382 - 556.356)	+	(396.815 - 643.204) )	/ 2 )
	=	0	/	( ( -137.974	+	-246.389 )	/ 2 )
	=	0	/	-192.1815
	=	0 %

(1) Note: The EBIT data used here is four times the quarterly (Jun. 2019) EBIT data.

Estre Ambiental (OTCPK:ESTRF) 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.

Estre Ambiental ROCE % Related Terms

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Estre Ambiental (Estre Ambiental) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Estre Ambiental Inc (OTCPK:ESTRF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

4509, Avenida Brigadeiro Faria Lima, 8th Floor,Vila Olimpia, Sao Paulo, SP, BRA, 04538-133

Website

http://www.estre.com.br

Estre Ambiental Inc waste management company in Brazil which operates in the Southeast, South and Northeast regions of Brazil. It operates its own landfills and is engaged in the final treatment of hazardous wastes, temporary storage of waste, collection and burning of landfill biogas, environmental consulting services, recycling, reverse manufacturing of electrical and electronic devices and waste collection, among others activities. The operations are grouped into four business segments Collection and Cleaning Services; Landfills; Oil and Gas; and Value Recovery. It generates a vast majority of its revenue from the collection and cleaning services segment.