Cartesian Growth (Cartesian Growth) ROCE % : 9.50% (As of Sep. 2022)

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What is Cartesian Growth 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. Cartesian Growth's annualized ROCE % for the quarter that ended in Sep. 2022 was 9.50%.

Cartesian Growth ROCE % Historical Data

The historical data trend for Cartesian Growth'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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Cartesian Growth ROCE % Chart

Cartesian Growth Annual Data

Trend

Dec20

Dec21

ROCE %

-0.59

Cartesian Growth Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
ROCE %	Get a 7-Day Free Trial			-6.78	0.59	-0.55	-0.30	9.50

Cartesian Growth ROCE % Calculation

Cartesian Growth's annualized ROCE % for the fiscal year that ended in Dec. 2021 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2021 )		(A: Dec. 2020 )		(A: Dec. 2021 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2021 )		(A: Dec. 2020 )		(A: Dec. 2021 )
	=	-1.012	/	( ( (0.131 - 0.114)	+	(345.653 - 0.182) )	/ 2 )
	=	-1.012	/	( (0.017	+	345.471)	/ 2 )
	=	-1.012	/	172.744
	=	-0.59 %

Cartesian Growth's ROCE % of for the quarter that ended in Sep. 2022 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2022 )		(Q: Jun. 2022 )		(Q: Sep. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2022 )		(Q: Jun. 2022 )		(Q: Sep. 2022 )
	=	32.916	/	( ( (346.167 - 0.312)	+	(347.588 - 0.492) )	/ 2 )
	=	32.916	/	( ( 345.855	+	347.096 )	/ 2 )
	=	32.916	/	346.4755
	=	9.50 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2022) EBIT data.

Cartesian Growth (NAS:GLBL) 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.

Cartesian Growth ROCE % Related Terms

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Cartesian Growth (Cartesian Growth) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Cartesian Growth Corp (NAS:GLBL) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

505 Fifth Avenue, 15th Floor, New York, NY, USA, 10017

Website

https://www.cartesiangrowth.com

Cartesian Growth Corp is a blank check company. It is formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, or reorganization or engaging in any other similar business combination with one or more businesses or entities.

Executives

Cgc Sponsor Llc	10 percent owner	505 FIFTH AVENUE, 15TH FLOOR, NEW YORK NY 10017
Pangaea Three-b, Lp	10 percent owner	C/O CARTESIAN CAPITAL GROUP, 505 FIFTH AVE., 15TH FLOOR, NEW YORK NY 10017
Peter Yu	10 percent owner	C/O CARTESIAN CAPITAL GROUP, 505 FIFTH AVENUE, 15TH FLOOR, NEW YORK NY 10017
Elias Diaz-sese	director	5505 BLUE LAGOON DRIVE, MIAMI FL 33126
Gregory R. Armstrong	director, officer: Chief Financial Officer	C/O CARTESIAN GROWTH CORPORATION, 505 FIFTH AVENUE, 15TH FLOOR, NEW YORK NY 10017
Bertrand P. Grabowski	director	C/O CARTESIAN GROWTH CORPORATION, 505 FIFTH AVENUE, 15TH FLOOR, NEW YORK NY 10017
Daniel Jeremy Karp	director	C/O CARTESIAN GROWTH CORPORATION, 505 FIFTH AVENUE, 15TH FLOOR, NEW YORK NY 10017