Prime Drink Group (Prime Drink Group) ROCE % : -18.19% (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Prime Drink Group 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. Prime Drink Group's annualized ROCE % for the quarter that ended in Dec. 2023 was -18.19%.

Prime Drink Group ROCE % Historical Data

The historical data trend for Prime Drink Group'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.

Prime Drink Group ROCE % Chart

Prime Drink Group Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

-10.89

-117.93

-27.63

-10.67

-11.69

Prime Drink Group Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial												-15.25	-4.11	-9.51	-12.77	-18.19

Prime Drink Group ROCE % Calculation

Prime Drink Group'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 )
	=	-0.749	/	( ( (6.35 - 0.081)	+	(6.622 - 0.082) )	/ 2 )
	=	-0.749	/	( (6.269	+	6.54)	/ 2 )
	=	-0.749	/	6.4045
	=	-11.69 %

Prime Drink Group'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: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	-1.2	/	( ( (6.664 - 0.007)	+	(6.622 - 0.082) )	/ 2 )
	=	-1.2	/	( ( 6.657	+	6.54 )	/ 2 )
	=	-1.2	/	6.5985
	=	-18.19 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Prime Drink Group (OTCPK:DOMWF) 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.

Prime Drink Group ROCE % Related Terms

Thank you for viewing the detailed overview of Prime Drink Group's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Prime Drink Group (Prime Drink Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Prime Drink Group Corp (OTCPK:DOMWF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

PRME:Canada

Address

1188 Union Avenue, Suite 609, Montreal, QC, CAN, H3B 0E5

Website

https://www.dwrcorp.ca

Prime Drink Group Corp is engaged in the business of acquiring and managing spring water permits to develop operations in the spring water market in Quebec and elsewhere.