Viridis Holdings (Viridis Holdings) ROCE % : 0.00% (As of Sep. 2021)

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What is Viridis Holdings 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. Viridis Holdings's annualized ROCE % for the quarter that ended in Sep. 2021 was 0.00%.

Viridis Holdings ROCE % Historical Data

The historical data trend for Viridis Holdings'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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Viridis Holdings ROCE % Chart

Viridis Holdings Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec17

Dec18

Dec19

Dec20

ROCE %

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-42.06

-0.94

Viridis Holdings Quarterly Data
	Dec14	Mar15	Jun15	Sep15	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21
ROCE %	Get a 7-Day Free Trial															-	-	-	-	-

Viridis Holdings ROCE % Calculation

Viridis Holdings'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 )
	=	-0.037	/	( ( (0.003 - 2.732)	+	(0.006 - 2.85) )	/ 2 )
	=	-0.037	/	( (-2.729	+	-2.844)	/ 2 )
	=	-0.037	/	-2.7865
	=	1.33 %

Viridis Holdings's ROCE % of for the quarter that ended in Sep. 2021 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2021 )		(Q: Jun. 2021 )		(Q: Sep. 2021 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2021 )		(Q: Jun. 2021 )		(Q: Sep. 2021 )
	=	-0.016	/	( ( (0.007 - 2.994)	+	(0.006 - 2.89) )	/ 2 )
	=	-0.016	/	( ( -2.987	+	-2.884 )	/ 2 )
	=	-0.016	/	-2.9355
	=	0 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2021) EBIT data.

Viridis Holdings (OTCPK:VRDSF) 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.

Viridis Holdings ROCE % Related Terms

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Viridis Holdings (Viridis Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Viridis Holdings Corp (OTCPK:VRDSF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1075 West Georgia Street, Suite 1650, Vancouver, BC, CAN, V6E 3C9

Website

https://www.viridisenergy.ca

Viridis Holdings Corp has no operations.

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