Fator Ore Asset Gestora de Recursosa. (BSP:OUFF11) ROCE % : 9.64% (As of Dec. 2023)

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What is Fator Ore Asset Gestora de Recursosa. 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. Fator Ore Asset Gestora de Recursosa.'s annualized ROCE % for the quarter that ended in Dec. 2023 was 9.64%.

Fator Ore Asset Gestora de Recursosa. ROCE % Historical Data

The historical data trend for Fator Ore Asset Gestora de Recursosa.'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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Fator Ore Asset Gestora de Recursosa. ROCE % Chart

Fator Ore Asset Gestora de Recursosa. Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

-1.14

-0.87

3.71

9.64

Fator Ore Asset Gestora de Recursosa. Semi-Annual Data
	Dec19	Dec20	Dec21	Dec22	Dec23
ROCE %	-	-1.14	-0.87	3.71	9.64

Fator Ore Asset Gestora de Recursosa. ROCE % Calculation

Fator Ore Asset Gestora de Recursosa.'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 )
	=	13.167	/	( ( (139.112 - 1.404)	+	(136.817 - 1.38) )	/ 2 )
	=	13.167	/	( (137.708	+	135.437)	/ 2 )
	=	13.167	/	136.5725
	=	9.64 %

Fator Ore Asset Gestora de Recursosa.'s ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Dec. 2022 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Dec. 2022 )		(Q: Dec. 2023 )
	=	13.167	/	( ( (139.112 - 1.404)	+	(136.817 - 1.38) )	/ 2 )
	=	13.167	/	( ( 137.708	+	135.437 )	/ 2 )
	=	13.167	/	136.5725
	=	9.64 %

(1) Note: The EBIT data used here is one times the annual (Dec. 2023) EBIT data.

Fator Ore Asset Gestora de Recursosa. (BSP:OUFF11) 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.

Fator Ore Asset Gestora de Recursosa. ROCE % Related Terms

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Fator Ore Asset Gestora de Recursosa. (BSP:OUFF11) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Fator Ore Asset Gestora de Recursos Ltda. (BSP:OUFF11) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Av. Paulista, n 1.728, 2nd to 4th, 7th and 11th Floors, Bela Vista, Ourinvest Building, Sao Paulo, SP, BRA, CEP 01310-919

Website

https://www.ourinvest.com.br

Fator Ore Asset Gestora de Recursos Ltda. is an asset management company engaged in fund managing activities.

Fator Ore Asset Gestora de Recursosa. (BSP:OUFF11) Headlines

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