Cruzeiro do Sul Educacional (BSP:CSED3) ROCE % : 12.09% (As of Mar. 2024)

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What is Cruzeiro do Sul Educacional 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. Cruzeiro do Sul Educacional's annualized ROCE % for the quarter that ended in Mar. 2024 was 12.09%.

Cruzeiro do Sul Educacional ROCE % Historical Data

The historical data trend for Cruzeiro do Sul Educacional'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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Cruzeiro do Sul Educacional ROCE % Chart

Cruzeiro do Sul Educacional Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

ROCE %

5.99

9.25

9.67

12.59

Cruzeiro do Sul Educacional Quarterly Data
	Mar19	Jun19	Sep19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															9.82	13.20	14.08	9.48	12.09

Cruzeiro do Sul Educacional ROCE % Calculation

Cruzeiro do Sul Educacional'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 )
	=	489.027	/	( ( (4707.622 - 656.683)	+	(4515.809 - 796.404) )	/ 2 )
	=	489.027	/	( (4050.939	+	3719.405)	/ 2 )
	=	489.027	/	3885.172
	=	12.59 %

Cruzeiro do Sul Educacional'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 )
	=	430.604	/	( ( (4515.809 - 796.404)	+	(4478.204 - 1073.851) )	/ 2 )
	=	430.604	/	( ( 3719.405	+	3404.353 )	/ 2 )
	=	430.604	/	3561.879
	=	12.09 %

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

Cruzeiro do Sul Educacional (BSP:CSED3) 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.

Cruzeiro do Sul Educacional ROCE % Related Terms

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Cruzeiro do Sul Educacional (BSP:CSED3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Cruzeiro do Sul Educacional SA (BSP:CSED3) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Rua Cesario Galeno, 448/475 - Tatuape, Sao Paulo, SP, BRA, 03071-000

Website

https://www.cruzeirodosuleducacional.edu.br

Cruzeiro do Sul Educacional SA is engaged in the business of providing education services. It provides higher education, graduate programs, postgraduate courses, childhood education, and technical education.

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