Lifeist Wellness (Lifeist Wellness) ROCE % : -317.76% (As of Feb. 2024)

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What is Lifeist Wellness 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. Lifeist Wellness's annualized ROCE % for the quarter that ended in Feb. 2024 was -317.76%.

Lifeist Wellness ROCE % Historical Data

The historical data trend for Lifeist Wellness'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.

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Lifeist Wellness ROCE % Chart

Lifeist Wellness Annual Data

Trend

Mar14

Mar15

Aug16

Aug17

Aug18

Nov19

Nov20

Nov21

Nov22

Nov23

ROCE %

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-43.23

-61.69

-79.65

-89.70

-155.41

Lifeist Wellness Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	Aug23	Nov23	Feb24
ROCE %	Get a 7-Day Free Trial															-180.84	-107.94	-90.08	-328.66	-317.76

Lifeist Wellness ROCE % Calculation

Lifeist Wellness's annualized ROCE % for the fiscal year that ended in Nov. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Nov. 2023 )		(A: Nov. 2022 )		(A: Nov. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Nov. 2023 )		(A: Nov. 2022 )		(A: Nov. 2023 )
	=	-10.275	/	( ( (15.359 - 5.292)	+	(9.775 - 6.619) )	/ 2 )
	=	-10.275	/	( (10.067	+	3.156)	/ 2 )
	=	-10.275	/	6.6115
	=	-155.41 %

Lifeist Wellness's ROCE % of for the quarter that ended in Feb. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Feb. 2024 )		(Q: Nov. 2023 )		(Q: Feb. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Feb. 2024 )		(Q: Nov. 2023 )		(Q: Feb. 2024 )
	=	-7.256	/	( ( (9.775 - 6.619)	+	(9.797 - 8.386) )	/ 2 )
	=	-7.256	/	( ( 3.156	+	1.411 )	/ 2 )
	=	-7.256	/	2.2835
	=	-317.76 %

(1) Note: The EBIT data used here is four times the quarterly (Feb. 2024) EBIT data.

Lifeist Wellness (OTCPK:LFSWD) 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.

Lifeist Wellness ROCE % Related Terms

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Lifeist Wellness (Lifeist Wellness) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Lifeist Wellness Inc (OTCPK:LFSWD) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

M5B:Germany LFST:Canada

Address

18 Canso Road, Etobicoke, Toronto, ON, CAN, M9W 4L8

Website

https://www.lifeist.com

Lifeist Wellness Inc is a portfolio wellness company leveraging advancements in science and technology. Its portfolio of brands includes: CannMart Inc, a distributor of licensed and in-house branded adult-use cannabis and cannabis derived products in Canada; CannMart Marketplace Inc operates CannMart.com, an online marketplace for hemp-derived CBD and accessories in the U.S.; CannMart Labs Inc, licensed facility for BHO (butane hash oil) extraction within Canada; Findify, an artificial intelligence-powered technology platform, delivering solutions such as personalized search, recommendations, and advanced data analytics; Australian Vapes online supplier of hardware, including vaporizers, and related accessories and Mikra, a biosciences and consumer wellness company.