Use of Financial Indicators in Superintensive Full Cycle Systems of Beef Cattle

This study aimed to perform a deterministic economic analysis of investment projects to the production in full cycle of young steers. The systems were simulated using data from meta-analytic survey of studies in the central region of Rio Grande do Sul state, in Microsoft Excel ® spreadsheets. Were performed the calculations for the economic viability using financial indicators. The return indicators presented negative values of Net Present Value (NPV), Benefit:cost index (IB:C) and additional return on investment (ROI) for the system in feedlot with or without bonus, and the same for the system in pasture with and without bonus. The risk indicators show internal return rate (IRR) -42.7% and -46.7%, modified internal return rate (MIRR) -16.0% and -17.0% and a return in 63 and 73 years, respectively for the system in feedlot with and without bonus, and IRR -13.1% and -15.7%, MIRR -5.0% and -6.0% and a return in 18 and 20 years, respectively for the system in pasture with and without bonus. The largest cost centers were with feeding supply and with depreciation in relation to total cost and with feeding supply and with pro labor in relation to total cost less depreciation. DOI: 10.15528/2176-4158/rcpa.v17n2p84-91