Bettermoo(d) Food (Bettermoo(d) Food) ROCE % : -27,843.90% (As of Jan. 2024)

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What is Bettermoo(d) Food 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. Bettermoo(d) Food's annualized ROCE % for the quarter that ended in Jan. 2024 was -27,843.90%.

Bettermoo(d) Food ROCE % Historical Data

The historical data trend for Bettermoo(d) Food'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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Bettermoo(d) Food ROCE % Chart

Bettermoo(d) Food Annual Data

Trend

Dec11

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Dec20

ROCE %

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Bettermoo(d) Food Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Oct22	Jan23	Apr23	Oct23	Jan24
ROCE %	Get a 7-Day Free Trial															-177.20	-24,240.00	-1,082.72	-611.13	-27,843.90

Bettermoo(d) Food ROCE % Calculation

Bettermoo(d) Food's annualized ROCE % for the fiscal year that ended in Dec. 2020 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2020 )		(A: Dec. 2019 )		(A: Dec. 2020 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2020 )		(A: Dec. 2019 )		(A: Dec. 2020 )
	=	0	/	( ( (0.001 - 0.592)	+	(0.391 - 0.128) )	/ 2 )
	=	0	/	( (-0.591	+	0.263)	/ 2 )
	=	0	/	-0.164
	=	0.00 %

Bettermoo(d) Food's ROCE % of for the quarter that ended in Jan. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jan. 2024 )		(Q: Oct. 2023 )		(Q: Jan. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jan. 2024 )		(Q: Oct. 2023 )		(Q: Jan. 2024 )
	=	-5.708	/	( ( (0.788 - 0.769)	+	(0.71 - 0.688) )	/ 2 )
	=	-5.708	/	( ( 0.019	+	0.022 )	/ 2 )
	=	-5.708	/	0.0205
	=	-27,843.90 %

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

Bettermoo(d) Food (OTCPK:MOOOF) 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.

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Bettermoo(d) Food (Bettermoo(d) Food) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Bettermoo(d) Food Corp (OTCPK:MOOOF) » Definitions » ROCE %

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Traded in Other Exchanges

0I5A:Germany MOOO:Canada

Address

1199 West Hastings Street, Suite 800, Vancouver, BC, CAN, V6E 3T5

Website

https://www.bettermoo.com

Bettermoo(d) Food Corp is a Nut-based dairy alternative company driven by the motto What A Cow Eats and A Human Needs. Based in Vancouver, It offers plant-based dairy alternatives infused with a proprietary blend of herbs and environmentally conscious and vegan food. Its products comprise plant-based Buetter (Butter), Moogurt (Yogurt), Cheese, Ice Cream, Sour Cream, and Creme Fraiche. The company is focused on delivering high-quality products through online and in-store retail platforms. It utilizes social media to deliver educational experiences for its customer base while demonstrating - pioneering beverage technologies.