AES Brasil Energia (BSP:AESB3) ROCE % : -2.07% (As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is AES Brasil Energia 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. AES Brasil Energia's annualized ROCE % for the quarter that ended in Mar. 2024 was -2.07%.

AES Brasil Energia ROCE % Historical Data

The historical data trend for AES Brasil Energia'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.

* Premium members only.

AES Brasil Energia ROCE % Chart

AES Brasil Energia Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

-4.35

2.00

1.41

AES Brasil Energia Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															0.69	7.44	1.87	3.06	-2.07

AES Brasil Energia ROCE % Calculation

AES Brasil Energia'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 )
	=	233.742	/	( ( (18932.446 - 1840.305)	+	(19479.92 - 3332.411) )	/ 2 )
	=	233.742	/	( (17092.141	+	16147.509)	/ 2 )
	=	233.742	/	16619.825
	=	1.41 %

AES Brasil Energia'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 )
	=	-315.296	/	( ( (19479.92 - 3332.411)	+	(19543.8 - 5234.443) )	/ 2 )
	=	-315.296	/	( ( 16147.509	+	14309.357 )	/ 2 )
	=	-315.296	/	15228.433
	=	-2.07 %

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

AES Brasil Energia (BSP:AESB3) 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.

AES Brasil Energia ROCE % Related Terms

Thank you for viewing the detailed overview of AES Brasil Energia's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

AES Brasil Energia (BSP:AESB3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » AES Brasil Energia SA (BSP:AESB3) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Avenida Luiz Carlos Berrini, 1,376, 12 Floor of Tower A- Room Digitalizacao, Brooklin Paulista, Sao Paulo, BRA

Website

https://www.aesbrasil.com.br

AES Brasil Energia SA is engaged in the production, transmission, and commercialization of energy. Its portfolio consists of hydraulic, wind, and solar sources, with plants located in the states of Sao Paulo, Bahia, and Rio Grande do Norte. The company operates mainly in the electric power generation sector. It is focused on clean and sustainable energy.

AES Brasil Energia (BSP:AESB3) Headlines

No Headlines