Big Rock Brewery (TSX:BR) ROCE % : -17.00% (As of Dec. 2023)

View and export this data going back to 1997. Start your Free Trial

What is Big Rock Brewery 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. Big Rock Brewery's annualized ROCE % for the quarter that ended in Dec. 2023 was -17.00%.

Big Rock Brewery ROCE % Historical Data

The historical data trend for Big Rock Brewery'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.

* Premium members only.

Big Rock Brewery ROCE % Chart

Big Rock Brewery Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

-9.53

-0.34

-8.10

-19.90

-3.11

Big Rock Brewery Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															-57.44	-1.57	1.41	3.45	-17.00

Big Rock Brewery ROCE % Calculation

Big Rock Brewery's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	-1.137	/	( ( (51.626 - 15.102)	+	(52.791 - 16.178) )	/ 2 )
	=	-1.137	/	( (36.524	+	36.613)	/ 2 )
	=	-1.137	/	36.5685
	=	-3.11 %

Big Rock Brewery's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	-6.252	/	( ( (51.82 - 14.859)	+	(52.791 - 16.178) )	/ 2 )
	=	-6.252	/	( ( 36.961	+	36.613 )	/ 2 )
	=	-6.252	/	36.787
	=	-17.00 %

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

Big Rock Brewery (TSX:BR) 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.

Big Rock Brewery ROCE % Related Terms

Thank you for viewing the detailed overview of Big Rock Brewery's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Big Rock Brewery (TSX:BR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Big Rock Brewery Inc (TSX:BR) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

BRBMF:USA

Address

5555 - 76th Avenue SE, Calgary, AB, CAN, T2C 4L8

Website

https://www.bigrockbeer.com

Big Rock Brewery Inc is a producer of premium, all-natural craft beers, and cider. It operates in two segments: the wholesale segment which manufactures and distributes beer and cider to and through, provincial liquor boards which are subsequently sold on to end consumers; and the retail segment, which sells beverages, food, and merchandise to end consumers on premises owned and/or operated by the company. Its operating segment includes Wholesale and Retail. The product line of the company consists of signature series beer, barrel aged beer, pull tab series beer, seasonal beer, and cider beer among others.