Agritek Holdings (Agritek Holdings) ROCE % : 0.00% (As of Dec. 2019)

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What is Agritek 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. Agritek Holdings's annualized ROCE % for the quarter that ended in Dec. 2019 was 0.00%.

Agritek Holdings ROCE % Historical Data

The historical data trend for Agritek 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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Agritek Holdings ROCE % Chart

Agritek Holdings Annual Data

Trend

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ROCE %

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Agritek Holdings Quarterly Data
	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19
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Agritek Holdings ROCE % Calculation

Agritek 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 )
	=	-5.222	/	( ( (0.569 - 3.52)	+	(0.742 - 5.586) )	/ 2 )
	=	-5.222	/	( (-2.951	+	-4.844)	/ 2 )
	=	-5.222	/	-3.8975
	=	133.98 %

Agritek Holdings's ROCE % of for the quarter that ended in Dec. 2019 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2019 )		(Q: Sep. 2019 )		(Q: Dec. 2019 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2019 )		(Q: Sep. 2019 )		(Q: Dec. 2019 )
	=	6.572	/	( ( (1.411 - 8.447)	+	(0.742 - 5.586) )	/ 2 )
	=	6.572	/	( ( -7.036	+	-4.844 )	/ 2 )
	=	6.572	/	-5.94
	=	0 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2019) EBIT data.

Agritek Holdings (OTCPK:AGTK) 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.

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Agritek Holdings (Agritek Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Agritek Holdings Inc (OTCPK:AGTK) » Definitions » ROCE %

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Traded in Other Exchanges

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Address

777 Brickell Avenue, Suite 500, Miami, FL, USA, 33131

Website

http://www.agritekholdings.com

Agritek Holdings Inc is a U.S based fully integrated, active investor and operator in the legal cannabis sector. The company acquires and leases real estate, then leases or sub-leases the real estate to licensed marijuana operators. It is focused on three high-value segments of the cannabis market, including real estate investment, intellectual property brands; and infrastructure, with operations in three states: Colorado, Washington State, and California as well as Canada and Puerto Rico. The firm invests its capital through real estate holdings, licensing agreements, royalties, and equity in acquisition operations.

Executives

Barry Michael Friedman	director, 10 percent owner, officer: CEO, Secretary	319 CLEMATIS STREET, SUITE 1008, WEST PALM BEACH FL 33401
Barry S Hollander	director, officer: CFO	319 CLEMATIS ST, SUITE 812, WEST PALM BEACH FL 33401
Vasan Thatham	other: Former Officer	C/O FRONTLINE COMMUNICATIONS CORP, 1 BLUE HILL PLAZA, PO BOX 1548, PEARLE RIVER NY 10965
Cole Hatchard Stephen J	director, officer: CEO	C/O FRONTLINE COMMUNICATIONS CORP, ONE BLUE HILL PLAZA, PO BOX 1548, PEARLE RIVER NY 10965
Miguel Madero	director