Cannabistiva (Cannabistiva) ROCE % : -34.78% (As of Sep. 2023)

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What is Cannabistiva 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. Cannabistiva's annualized ROCE % for the quarter that ended in Sep. 2023 was -34.78%.

Cannabistiva ROCE % Historical Data

The historical data trend for Cannabistiva'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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Cannabistiva ROCE % Chart

Cannabistiva Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

ROCE %

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-96.92

-140.37

-95.31

-169.17

-72.73

Cannabistiva Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
ROCE %	Get a 7-Day Free Trial															-13.26	-114.36	-105.04	-77.18	-34.78

Cannabistiva ROCE % Calculation

Cannabistiva's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	-1.144	/	( ( (2.563 - 1.518)	+	(2.571 - 0.47) )	/ 2 )
	=	-1.144	/	( (1.045	+	2.101)	/ 2 )
	=	-1.144	/	1.573
	=	-72.73 %

Cannabistiva's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	-0.564	/	( ( (2.082 - 0.531)	+	(2.123 - 0.431) )	/ 2 )
	=	-0.564	/	( ( 1.551	+	1.692 )	/ 2 )
	=	-0.564	/	1.6215
	=	-34.78 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2023) EBIT data.

Cannabistiva (OTCPK:CBDS) 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.

Cannabistiva ROCE % Related Terms

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Cannabistiva (Cannabistiva) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Cannabis Sativa Inc (OTCPK:CBDS) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

450 Hillside Drive, Suite A224, Mesquite, NV, USA, 89027

Website

https://www.cannabissativainc.com

Cannabis Sativa Inc along with its subsidiaries engages in the telemedicine business. It offers an online telemedicine platform providing customers access to knowledgeable physicians to obtain a medical marijuana recommendation.

Executives

Brad E Herr	director, officer: Chief Financial Officer	5413 S SAYBROOK LANE, SPOKANE WA 99223
David Tobias	director, 10 percent owner	PO BOX 1602, MESQUITE NV 89024
Tankson Robert N. Iii	director	6057 RYAN RANCH AVE, LAS VEGAS NV 89130
Donald Lundbom	officer: CHIEF FINANCIAL OFFICER	37177 N WILD BARLEY PATH, SAN TAN VALLEY AZ 85140
Sadia P Barrameda	10 percent owner	PO BOX 1363, DISCOVERY BAY CA 94505
Mike Gravel	director	4467 OCEAN HEIGHTS CT,, SEASIDE CA 93955
Stephen Michael Downing	director	152 LA VERNE AVENUE, LONG BEACH CA 90803
Debby Goldsberry	director	1707 LEIMERT BLVD, OAKLAND CA 94607
Trevor S Reed	director	20 BRAZOS TRAIL COURT, PLACITAS NM 87043
Catherine J Carroll	director, officer: CFO and Treasurer	450 HILLSIDE DRIVE A224, MESQUITE NV 89027
James Polin Gray	director	2531 CRESTVIEW DRIVE, NEWPORT BEACH CA 92663
Gary Earl Johnson	director, officer: President, CEO & Secretary	P.O. BOX 1858, EL PRADO NM 87529
Steve Kubby	director, 10 percent owner, officer: Chairman of the Board	317 JUDITH'S FANCY, ST. CROIX VI 00823-5335
Barry Robert Tobias	director	7305 DAMSEL LANE, FAIRVIEW TN 37062
Kirk Blosch	10 percent owner	2081 SOUTH LAKELINE DR, SALT LAKE CITY UT 84109