Faction Investment Group (TSXV:FINV.P) ROCE % : -8.40% (As of Feb. 2024)

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What is Faction Investment 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. Faction Investment Group's annualized ROCE % for the quarter that ended in Feb. 2024 was -8.40%.

Faction Investment Group ROCE % Historical Data

The historical data trend for Faction Investment 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.

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Faction Investment Group ROCE % Chart

Faction Investment Group Annual Data

Trend

Nov21

Nov22

Nov23

ROCE %

-45.31

-15.35

Faction Investment Group Quarterly Data
	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
ROCE %	Get a 7-Day Free Trial					-21.94	-9.51	-12.73	-17.28	-8.40

Faction Investment Group ROCE % Calculation

Faction Investment Group'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 )
	=	-0.064	/	( ( (0.471 - 0.022)	+	(0.397 - 0.012) )	/ 2 )
	=	-0.064	/	( (0.449	+	0.385)	/ 2 )
	=	-0.064	/	0.417
	=	-15.35 %

Faction Investment Group'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 )
	=	-0.032	/	( ( (0.397 - 0.012)	+	(0.397 - 0.02) )	/ 2 )
	=	-0.032	/	( ( 0.385	+	0.377 )	/ 2 )
	=	-0.032	/	0.381
	=	-8.40 %

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

Faction Investment Group (TSXV:FINV.P) 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.

Faction Investment Group ROCE % Related Terms

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Faction Investment Group (TSXV:FINV.P) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Faction Investment Group Corp (TSXV:FINV.P) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

2160 - 650 West Georgia Street, Vancouver, BC, CAN, V6B 4N7

Website

Faction Investment Group Corp is a capital pool company.

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