Consolidated Firstfund Capital (TSXV:FFP) ROCE % : 67.17% (As of Dec. 2023)

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What is Consolidated Firstfund Capital 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. Consolidated Firstfund Capital's annualized ROCE % for the quarter that ended in Dec. 2023 was 67.17%.

Consolidated Firstfund Capital ROCE % Historical Data

The historical data trend for Consolidated Firstfund Capital'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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Consolidated Firstfund Capital ROCE % Chart

Consolidated Firstfund Capital Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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3.81

-26.00

-15.37

-52.74

0.54

Consolidated Firstfund Capital Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															-44.77	-11.21	-42.88	-13.03	67.17

Consolidated Firstfund Capital ROCE % Calculation

Consolidated Firstfund Capital'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 )
	=	0.003	/	( ( (0.696 - 0.153)	+	(0.736 - 0.159) )	/ 2 )
	=	0.003	/	( (0.543	+	0.577)	/ 2 )
	=	0.003	/	0.56
	=	0.54 %

Consolidated Firstfund Capital'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 )
	=	0.356	/	( ( (0.636 - 0.153)	+	(0.736 - 0.159) )	/ 2 )
	=	0.356	/	( ( 0.483	+	0.577 )	/ 2 )
	=	0.356	/	0.53
	=	67.17 %

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

Consolidated Firstfund Capital (TSXV:FFP) 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.

Consolidated Firstfund Capital ROCE % Related Terms

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Consolidated Firstfund Capital (TSXV:FFP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Consolidated Firstfund Capital Corp (TSXV:FFP) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

837 West Hastings Street, Suite 304, Vancouver, BC, CAN, V6C 3N6

Website

https://www.firstfund.ca

Consolidated Firstfund Capital Corp engages in the provision of financial consulting relating to real estate development and venture capital activities in Canada and the United States. It specializes in property management, assisting companies to raise funds through equity, debt, or tax-favored investments, syndication and marketing of investments, and also through direct investments. Geographically, it has two segments, namely Canada and the United States, of which derive a majority of revenue from the United States.

Executives

William Douglas Grant

Director, Senior Officer

Consolidated Firstfund Capital (TSXV:FFP) Headlines

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