The Original Juice Co (ASX:OJC) ROCE % : -22.74% (As of Dec. 2023)

View and export this data going back to 2012. Start your Free Trial

What is The Original Juice Co 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. The Original Juice Co's annualized ROCE % for the quarter that ended in Dec. 2023 was -22.74%.

The Original Juice Co ROCE % Historical Data

The historical data trend for The Original Juice Co'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.

* Premium members only.

The Original Juice Co ROCE % Chart

The Original Juice Co Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

ROCE %

Get a 7-Day Free Trial

-68.99

-45.54

-5.89

-9.64

-9.21

The Original Juice Co Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial															-4.42	-15.43	-5.68	-13.05	-22.74

The Original Juice Co ROCE % Calculation

The Original Juice Co's annualized ROCE % for the fiscal year that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	-2.311	/	( ( (35.091 - 8.149)	+	(35.296 - 12.072) )	/ 2 )
	=	-2.311	/	( (26.942	+	23.224)	/ 2 )
	=	-2.311	/	25.083
	=	-9.21 %

The Original Juice Co's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	-5.386	/	( ( (35.296 - 12.072)	+	(37.29 - 13.15) )	/ 2 )
	=	-5.386	/	( ( 23.224	+	24.14 )	/ 2 )
	=	-5.386	/	23.682
	=	-22.74 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

The Original Juice Co (ASX:OJC) 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.

The Original Juice Co ROCE % Related Terms

Thank you for viewing the detailed overview of The Original Juice Co's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

The Original Juice Co (ASX:OJC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » The Original Juice Co Ltd (ASX:OJC) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

20 Heaths Court, Mill Park, VIC, AUS, 3082

Website

https://www.ojcltd.com.au

The Original Juice Co Ltd is an Australian beverage and wellness supplement company, specialising in the development of innovative health focused products for retail in Australia and Asia.

The Original Juice Co (ASX:OJC) Headlines

No Headlines