Kadestone Capital (TSXV:KDSX) ROCE % : 28.08% (As of Dec. 2023)

View and export this data going back to 2020. Start your Free Trial

What is Kadestone Capital 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. Kadestone Capital's annualized ROCE % for the quarter that ended in Dec. 2023 was 28.08%.

Kadestone Capital ROCE % Historical Data

The historical data trend for Kadestone Capital'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.

Kadestone Capital ROCE % Chart

Kadestone Capital Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

-27.41

-11.99

-14.05

-3.71

Kadestone Capital Quarterly Data
	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													-14.60	-9.47	-16.75	-11.13	28.08

Kadestone Capital ROCE % Calculation

Kadestone Capital'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 )
	=	-0.685	/	( ( (27.604 - 0.965)	+	(27.499 - 17.226) )	/ 2 )
	=	-0.685	/	( (26.639	+	10.273)	/ 2 )
	=	-0.685	/	18.456
	=	-3.71 %

Kadestone Capital'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 )
	=	3.508	/	( ( (25.688 - 10.972)	+	(27.499 - 17.226) )	/ 2 )
	=	3.508	/	( ( 14.716	+	10.273 )	/ 2 )
	=	3.508	/	12.4945
	=	28.08 %

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

Kadestone Capital (TSXV:KDSX) 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.

Kadestone Capital ROCE % Related Terms

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

Kadestone Capital (TSXV:KDSX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Kadestone Capital Corp (TSXV:KDSX) » Definitions » ROCE %

Traded in Other Exchanges

KDCCF:USA

Address

595 Burrard Street, Suite 2600, Three Bentall Centre, P.O. Box 49314,, Vancouver, BC, CAN, V7X 1L3

Website

https://www.kadestone.com

Kadestone Capital Corp is engaged in the acquisition, development, and management of residential and commercial rental units, and the development and construction of residential housing units for sale. Property revenues include rental revenue from income-producing properties. In addition, it is also engaged in the procurement and sale of building materials within urban centers and high-growth, emerging markets in Canada. It recognizes revenue from the sale of building materials in Canada and the United States.

Kadestone Capital (TSXV:KDSX) Headlines

No Headlines