Canlan Ice Sports (TSX:ICE) ROCE % : 25.38% (As of Mar. 2025)

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What is Canlan Ice Sports 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. Canlan Ice Sports's annualized ROCE % for the quarter that ended in Mar. 2025 was 25.38%.

Canlan Ice Sports ROCE % Historical Data

The historical data trend for Canlan Ice Sports'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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Canlan Ice Sports ROCE % Chart

Canlan Ice Sports Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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-5.25

0.08

8.56

2.25

6.40

Canlan Ice Sports Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
ROCE %	Get a 7-Day Free Trial															27.26	-1.24	-14.83	14.35	25.38

Canlan Ice Sports ROCE % Calculation

Canlan Ice Sports's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	6.103	/	( ( (121.999 - 29.159)	+	(130.502 - 32.526) )	/ 2 )
	=	6.103	/	( (92.84	+	97.976)	/ 2 )
	=	6.103	/	95.408
	=	6.40 %

Canlan Ice Sports's ROCE % of for the quarter that ended in Mar. 2025 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2025 )		(Q: Dec. 2024 )		(Q: Mar. 2025 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2025 )		(Q: Dec. 2024 )		(Q: Mar. 2025 )
	=	25.444	/	( ( (130.502 - 32.526)	+	(128.796 - 26.233) )	/ 2 )
	=	25.444	/	( ( 97.976	+	102.563 )	/ 2 )
	=	25.444	/	100.2695
	=	25.38 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2025) EBIT data.

Canlan Ice Sports (TSX:ICE) 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.

Canlan Ice Sports ROCE % Related Terms

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Canlan Ice Sports Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Canlan Ice Sports Corp (TSX:ICE) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

QV5:Germany

Address

6501 Sprott Street, Burnaby, BC, CAN, V6B 3B8

Website

https://www.canlansports.com

Canlan Ice Sports Corp is focused on the development, lease, acquisition, and operation of multi-purpose recreation and entertainment facilities in North America. The company has a single operating segment which is an Ice rink and recreational facilities which derives revenue from food and beverage, sports stores, sponsorship, Instructional sports programs, space rental, Management and consulting fees. Geographically it generates the majority of its revenue from Canada.

Executives

Michael F. Gellard	Senior Officer
Joey St. Aubin	Senior Officer
Mark Faubert	Senior Officer
Ivan Chang Wu	Senior Officer
Chris Mcmullen	Director
Susan L Guiry	Senior Officer
Ivan C. Wu	Senior Officer
Vivian Chan	Senior Officer
Victor Dsouza	Director
Gregory Porcellato	Senior Officer