J4 Ventures (TSXV:JJJJ.P) ROCE % : -20.91% (As of Jan. 2024)

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

What is J4 Ventures 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. J4 Ventures's annualized ROCE % for the quarter that ended in Jan. 2024 was -20.91%.

J4 Ventures ROCE % Historical Data

The historical data trend for J4 Ventures'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.

J4 Ventures ROCE % Chart

J4 Ventures Annual Data

Trend

Apr21

Apr22

Apr23

ROCE %

-7.14

-45.12

-19.52

J4 Ventures Quarterly Data
	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
ROCE %	Get a 7-Day Free Trial							-20.07	-28.74	-17.69	-25.94	-20.91

J4 Ventures ROCE % Calculation

J4 Ventures's annualized ROCE % for the fiscal year that ended in Apr. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Apr. 2023 )		(A: Apr. 2022 )		(A: Apr. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Apr. 2023 )		(A: Apr. 2022 )		(A: Apr. 2023 )
	=	-0.09	/	( ( (0.574 - 0.068)	+	(0.495 - 0.079) )	/ 2 )
	=	-0.09	/	( (0.506	+	0.416)	/ 2 )
	=	-0.09	/	0.461
	=	-19.52 %

J4 Ventures'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 )
	=	-0.076	/	( ( (0.509 - 0.136)	+	(0.468 - 0.114) )	/ 2 )
	=	-0.076	/	( ( 0.373	+	0.354 )	/ 2 )
	=	-0.076	/	0.3635
	=	-20.91 %

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

J4 Ventures (TSXV:JJJJ.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.

J4 Ventures ROCE % Related Terms

Thank you for viewing the detailed overview of J4 Ventures's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

J4 Ventures (TSXV:JJJJ.P) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » J4 Ventures Inc (TSXV:JJJJ.P) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

503 - 905 West Pender Street, Vancouver, BC, CAN, V6C 1L6

Website

https://www.j4.ventures

J4 Ventures Inc is a capital pool company.

J4 Ventures (TSXV:JJJJ.P) Headlines

No Headlines