Livetech Da Bahia Industria E Comercio (BSP:LVTC3) ROCE % : 2.87% (As of Dec. 2023)

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What is Livetech Da Bahia Industria E Comercio 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. Livetech Da Bahia Industria E Comercio's annualized ROCE % for the quarter that ended in Dec. 2023 was 2.87%.

Livetech Da Bahia Industria E Comercio ROCE % Historical Data

The historical data trend for Livetech Da Bahia Industria E Comercio'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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Livetech Da Bahia Industria E Comercio ROCE % Chart

Livetech Da Bahia Industria E Comercio Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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17.05

35.72

0.02

6.68

Livetech Da Bahia Industria E Comercio Quarterly Data
	Dec18	Dec19	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial												10.01	8.05	0.01	11.77	2.87

Livetech Da Bahia Industria E Comercio ROCE % Calculation

Livetech Da Bahia Industria E Comercio'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 )
	=	79.208	/	( ( (1638.623 - 421.971)	+	(1353.051 - 198.427) )	/ 2 )
	=	79.208	/	( (1216.652	+	1154.624)	/ 2 )
	=	79.208	/	1185.638
	=	6.68 %

Livetech Da Bahia Industria E Comercio'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: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	33.28	/	( ( (1389.078 - 223.243)	+	(1353.051 - 198.427) )	/ 2 )
	=	33.28	/	( ( 1165.835	+	1154.624 )	/ 2 )
	=	33.28	/	1160.2295
	=	2.87 %

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

Livetech Da Bahia Industria E Comercio (BSP:LVTC3) 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.

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Livetech Da Bahia Industria E Comercio (BSP:LVTC3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Livetech Da Bahia Industria E Comercio SA (BSP:LVTC3) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Rua Gomes de Carvalho, 1609, Vila Olimpia, Sao Paulo, SP, BRA, 04547-006

Website

https://www.wdcnet.com.br

Livetech Da Bahia Industria E Comercio SA is a technology company focused on telecommunications optical fiber and corporate sectors. It has a broad portfolio that offers solutions for broadband internet via optical fiber, Electronic Security, IP Telephony (VoIP), WI-FI Networks, Data Centers, Cybersecurity, Professional Audio and Video, Smart- Home and Solar Energy.

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