Radiko Holdings (XCNQ:RDKO) ROCE % : -115.01% (As of Sep. 2020)

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What is Radiko 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. Radiko Holdings's annualized ROCE % for the quarter that ended in Sep. 2020 was -115.01%.

Radiko Holdings ROCE % Historical Data

The historical data trend for Radiko 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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Radiko Holdings ROCE % Chart

Radiko Holdings Annual Data

Trend

Jul11

Jul12

Jul13

Jul14

Jul15

Jul16

Jul17

Dec18

Dec19

ROCE %

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-50.91

-80.59

-157.55

-613.30

-20,103.14

Radiko Holdings Quarterly Data
	Oct15	Jan16	Apr16	Jul16	Oct16	Jan17	Apr17	Jul17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20
ROCE %	Get a 7-Day Free Trial															-187.77	-6,290.03	-	-1,402.43	-115.01

Radiko Holdings ROCE % Calculation

Radiko Holdings's annualized ROCE % for the fiscal year that ended in Dec. 2019 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2019 )		(A: Dec. 2018 )		(A: Dec. 2019 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2019 )		(A: Dec. 2018 )		(A: Dec. 2019 )
	=	-22.415	/	( ( (5.395 - 2.838)	+	(3.579 - 5.913) )	/ 2 )
	=	-22.415	/	( (2.557	+	-2.334)	/ 2 )
	=	-22.415	/	0.1115
	=	-20,103.14 %

Radiko Holdings's ROCE % of for the quarter that ended in Sep. 2020 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2020 )		(Q: Jun. 2020 )		(Q: Sep. 2020 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2020 )		(Q: Jun. 2020 )		(Q: Sep. 2020 )
	=	-3.012	/	( ( (8.764 - 5.934)	+	(8.663 - 6.255) )	/ 2 )
	=	-3.012	/	( ( 2.83	+	2.408 )	/ 2 )
	=	-3.012	/	2.619
	=	-115.01 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2020) EBIT data.

Radiko Holdings (XCNQ:RDKO) 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.

Radiko Holdings ROCE % Related Terms

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Radiko Holdings (XCNQ:RDKO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Radiko Holdings Corp (XCNQ:RDKO) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

12655 West Jefferson Boulevard, Los Angeles, CA, USA, 90066

Website

https://www.radikoholdings.com

Radiko Holdings Corp through its subsidiaries, is engaged in cannabis product manufacturing and distributing. The group generates revenue from licensing fees, royalties and agreements with companies who distribute and sell products in the Cannabis Industry, as well from the direct sale of merchandise such as clothing, paraphernalia, posters, and other products. Its other brands include La Vida Verde, Blank Brand, and Skunk Feather.

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