Sucro (TSXV:SUG) ROCE % : 54.02% (As of Mar. 2024)

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What is Sucro 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. Sucro's annualized ROCE % for the quarter that ended in Mar. 2024 was 54.02%.

Sucro ROCE % Historical Data

The historical data trend for Sucro'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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Sucro ROCE % Chart

Sucro Annual Data

Trend

Dec21

Dec22

Dec23

ROCE %

27.31

38.99

25.81

Sucro Quarterly Data
	Dec21	Jun22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial			44.13	-	-	93.96	54.02

Sucro ROCE % Calculation

Sucro'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 )
	=	65.991	/	( ( (516.301 - 285.786)	+	(729.735 - 448.796) )	/ 2 )
	=	65.991	/	( (230.515	+	280.939)	/ 2 )
	=	65.991	/	255.727
	=	25.81 %

Sucro's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	161.484	/	( ( (729.735 - 448.796)	+	(712.205 - 395.23) )	/ 2 )
	=	161.484	/	( ( 280.939	+	316.975 )	/ 2 )
	=	161.484	/	298.957
	=	54.02 %

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

Sucro (TSXV:SUG) 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.

Sucro ROCE % Related Terms

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Sucro (TSXV:SUG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Sucro Ltd (TSXV:SUG) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

2020 Ponce de Leon Blvd, Suite 1204, Coral Gables, FL, USA, 33134

Website

https://www.sucro.us

Sucro Ltd is a growth-oriented sugar company that operates throughout the Americas, with a primary focus on serving the North American sugar market. The Company operates a highly integrated and interconnected sugar supply business, utilizing the entire sugar supply chain to service its customer. The Company's operations are classified into two reportable business segments which is Trade and Services. The Trade segment is a business focusing on capturing profits through sourcing, merchandising, and managing logistics of sugar. The Company's asset-based services business provides tolling (refining, processing, handling, packaging, and quality assurance), storage, and other services primarily to the Trade segment.

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