Vasta Platform (Vasta Platform) ROCE % : 7.09% (As of Mar. 2024)

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What is Vasta Platform 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. Vasta Platform's annualized ROCE % for the quarter that ended in Mar. 2024 was 7.09%.

Vasta Platform ROCE % Historical Data

The historical data trend for Vasta Platform'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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Vasta Platform ROCE % Chart

Vasta Platform Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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1.61

0.45

-0.74

2.42

2.81

Vasta Platform 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															4.54	-2.58	-1.36	10.51	7.09

Vasta Platform ROCE % Calculation

Vasta Platform'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 )
	=	35.146	/	( ( (1433.75 - 150.458)	+	(1510.854 - 295.378) )	/ 2 )
	=	35.146	/	( (1283.292	+	1215.476)	/ 2 )
	=	35.146	/	1249.384
	=	2.81 %

Vasta Platform'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 )
	=	85.572	/	( ( (1510.854 - 295.378)	+	(1487.718 - 289.429) )	/ 2 )
	=	85.572	/	( ( 1215.476	+	1198.289 )	/ 2 )
	=	85.572	/	1206.8825
	=	7.09 %

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

Vasta Platform (NAS:VSTA) 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.

Vasta Platform ROCE % Related Terms

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Vasta Platform (Vasta Platform) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Vasta Platform Ltd (NAS:VSTA) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Avenue Paulista, 901, 5th Floor, Bela Vista, Sao Paulo, SP, BRA, CEP 01310-100

Website

https://www.vastaedu.com.br

Vasta Platform Ltd operates as an education company in Brazil, engaged in providing end-to-end educational and digital solutions that cater to all needs of private schools operating in the K-12 educational segment. Its business segments are Content and EdTech Platform, and Digital Platform. The Content and EdTech platform derives its results from educational content solutions through digital and printed content, including textbooks, learning systems and other complementary educational services. The Digital Platform enables private schools to aggregate multiple learning strategies and helps them to focus on education, through the Business' physical and digital e-commerce platform and other digital services.