Enables sterol esterase activity and triglyceride lipase activity. Involved in acylglycerol catabolic process. Acts upstream of or within several processes, including cellular lipid catabolic process; temperature homeostasis; and very-low-density lipoprotein particle assembly. Located in cytosol; endoplasmic reticulum lumen; and lipid droplet. Is expressed in several structures, including cochlear duct; gut; liver; nose; and respiratory system. Orthologous to human CES1 (carboxylesterase 1). [provided by Alliance of Genome Resources, Apr 2022]