Sendas Distribuidora SA Return on Gross Investment (ROGI) 2 year CAGR is NA for the quarter ending March 31, 2024. Return on gross investment measures the profitability of a company relative to its total investments, including both short-term and long-term investments. It is calculated by dividing the net income by the total investments minus short-term investments. This ratio indicates the return generated for each unit of gross investment made by the company. A higher return on gross investment suggests better profitability and efficient utilization of investment capital. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.