Forbidden Spirits Distilling (TSXV:VDKA.H) ROCE % : -31.16% (As of Sep. 2022)

View and export this data going back to 2021. Start your Free Trial

What is Forbidden Spirits Distilling 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. Forbidden Spirits Distilling's annualized ROCE % for the quarter that ended in Sep. 2022 was -31.16%.

Forbidden Spirits Distilling ROCE % Historical Data

The historical data trend for Forbidden Spirits Distilling'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.

Forbidden Spirits Distilling ROCE % Chart

Forbidden Spirits Distilling Annual Data

Trend

Dec19

Dec20

Dec21

ROCE %

-34.40

-38.02

-117.39

Forbidden Spirits Distilling Quarterly Data
	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
ROCE %	Get a 7-Day Free Trial					-29.94	-239.54	-60.01	-68.15	-31.16

Forbidden Spirits Distilling ROCE % Calculation

Forbidden Spirits Distilling's annualized ROCE % for the fiscal year that ended in Dec. 2021 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2021 )		(A: Dec. 2020 )		(A: Dec. 2021 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2021 )		(A: Dec. 2020 )		(A: Dec. 2021 )
	=	-3.585	/	( ( (3.778 - 1.656)	+	(5.309 - 1.323) )	/ 2 )
	=	-3.585	/	( (2.122	+	3.986)	/ 2 )
	=	-3.585	/	3.054
	=	-117.39 %

Forbidden Spirits Distilling's ROCE % of for the quarter that ended in Sep. 2022 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2022 )		(Q: Jun. 2022 )		(Q: Sep. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2022 )		(Q: Jun. 2022 )		(Q: Sep. 2022 )
	=	-0.848	/	( ( (3.677 - 0.887)	+	(3.59 - 0.937) )	/ 2 )
	=	-0.848	/	( ( 2.79	+	2.653 )	/ 2 )
	=	-0.848	/	2.7215
	=	-31.16 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2022) EBIT data.

Forbidden Spirits Distilling (TSXV:VDKA.H) 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.

Forbidden Spirits Distilling ROCE % Related Terms

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

Forbidden Spirits Distilling Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Forbidden Spirits Distilling Corp (TSXV:VDKA.H) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

4400 Wallace Hill Road, Kelowna, BC, CAN, V1W 1C3

Website

https://www.forbiddenspirits.ca

Forbidden Spirits Distilling Corp is engaged in manufacturing, marketing, and selling spirits directly to consumers from its online store, as well as direct to off-premises retail liquor stores and direct to on-premises restaurants, hotels, pubs, bars, golf courses, and yacht clubs. Its brands include REBEL Vodka, Eve's Original Gin, Adam's Apple Brandy, Forbidden Fire, Forbidden Spirits Vodka, and Wallace Hill Whisky. The company's reportable operating segments include the distilling and sale of spirits, the sale of hand sanitizer and merchandise.

Forbidden Spirits Distilling Headlines

No Headlines