Yuenglings Ice Cream (Yuenglings Ice Cream) ROC % : 56.79% (As of Oct. 2023)

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What is Yuenglings Ice Cream ROC %?

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Yuenglings Ice Cream's annualized return on capital (ROC %) for the quarter that ended in Oct. 2023 was 56.79%.

As of today (2024-04-30), Yuenglings Ice Cream's WACC % is -10.67%. Yuenglings Ice Cream's ROC % is -10.77% (calculated using TTM income statement data). Yuenglings Ice Cream earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Yuenglings Ice Cream ROC % Historical Data

The historical data trend for Yuenglings Ice Cream's ROC % 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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Yuenglings Ice Cream ROC % Chart

Yuenglings Ice Cream Annual Data

Trend

Oct14

Oct15

Oct16

Oct20

Oct21

Oct22

Oct23

ROC %

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-85.16

-20.48

-28.46

-15.47

-10.94

Yuenglings Ice Cream Quarterly Data
	Apr16	Jul16	Oct16	Jan17	Apr17	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23
ROC %	Get a 7-Day Free Trial															-9.89	-11.46	-33.92	-47.38	56.79

Yuenglings Ice Cream ROC % Calculation

Yuenglings Ice Cream's annualized Return on Capital (ROC %) for the fiscal year that ended in Oct. 2023 is calculated as:

	ROC % (A: Oct. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (A: Oct. 2022 )	+	Invested Capital (A: Oct. 2023 ))	/ count )
=	-0.166 * ( 1 - 0% )	/	( (1.741	+	1.295)	/ 2 )
=	-0.166	/	1.518
=	-10.94 %

where

	Invested Capital		(A: Oct. 2022 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	0.097	-	0.264	-	( 0.005	-	max(0, 1.974	-	0.066	+	0.005	))
=	1.741

	Invested Capital		(A: Oct. 2023 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	0	-	0.362	-	( 0	-	max(0, 1.657	-	0	+	0	))
=	1.295

Yuenglings Ice Cream's annualized Return on Capital (ROC %) for the quarter that ended in Oct. 2023 is calculated as:

	ROC % (Q: Oct. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jul. 2023 )	+	Invested Capital (Q: Oct. 2023 ))	/ count )
=	0.776 * ( 1 - 0% )	/	( (1.438	+	1.295)	/ 2 )
=	0.776	/	1.3665
=	56.79 %

where

	Invested Capital		(Q: Jul. 2023 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	0.171	-	0.325	-	( 0.001	-	max(0, 1.763	-	0.171	+	0.001	))
=	1.438

	Invested Capital		(Q: Oct. 2023 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	0	-	0.362	-	( 0	-	max(0, 1.657	-	0	+	0	))
=	1.295

Note: The Operating Income data used here is four times the quarterly (Oct. 2023) data.

Yuenglings Ice Cream (OTCPK:YCRM) ROC % Explanation

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, Yuenglings Ice Cream's WACC % is -10.67%. Yuenglings Ice Cream's ROC % is -10.77% (calculated using TTM income statement data). Yuenglings Ice Cream earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Be Aware

Like ROE % and ROA %, ROC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Yuenglings Ice Cream ROC % Related Terms

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Yuenglings Ice Cream (Yuenglings Ice Cream) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Yuenglings Ice Cream Corp (OTCPK:YCRM) » Definitions » ROC %

Comparable Companies

Traded in Other Exchanges

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Address

One Glenlake Parkway, Suite 650, Atlanta, GA, USA, 30328

Website

https://www.yuenglingsicecream.com

Yuenglings Ice Cream Corp operates in the dairy business. It is a food brand development company that builds and represents popular food concepts throughout the United States and international markets. The company manufactures ice creams. Its products include Black & Tan- A swirl of Belgian chocolate and salty caramel ice cream, Butterbeer- buttercream and butterscotch ice cream with a butterscotch swirl, Espresso Chocolate Chip- dark coffee ice cream with rich espresso chocolate chips, etc.

Executives

Tracy Fortner

director, officer: Pres, CEO, Treas. & Sec'y

3555 1/2 TIZER LANE, HELENA MT 59602