Eat & Beyond Global Holdings (XCNQ:EATS) ROCE % : -236.29% (As of Jan. 2024)

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What is Eat & Beyond Global Holdings 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. Eat & Beyond Global Holdings's annualized ROCE % for the quarter that ended in Jan. 2024 was -236.29%.

Eat & Beyond Global Holdings ROCE % Historical Data

The historical data trend for Eat & Beyond Global Holdings'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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Eat & Beyond Global Holdings ROCE % Chart

Eat & Beyond Global Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Jul23

ROCE %

-120.26

-75.27

-266.65

Eat & Beyond Global Holdings Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
ROCE %	Get a 7-Day Free Trial											-518.64	-229.58	-339.13	1.96	-236.29

Eat & Beyond Global Holdings ROCE % Calculation

Eat & Beyond Global Holdings's annualized ROCE % for the fiscal year that ended in Jul. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jul. 2023 )		(A: Dec. 2021 )		(A: Jul. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jul. 2023 )		(A: Dec. 2021 )		(A: Jul. 2023 )
	=	-7.097	/	( ( (4.12 - 0.433)	+	(2.842 - 1.206) )	/ 2 )
	=	-7.097	/	( (3.687	+	1.636)	/ 2 )
	=	-7.097	/	2.6615
	=	-266.65 %

Eat & Beyond Global Holdings's ROCE % of for the quarter that ended in Jan. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jan. 2024 )		(Q: Oct. 2023 )		(Q: Jan. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jan. 2024 )		(Q: Oct. 2023 )		(Q: Jan. 2024 )
	=	-4.668	/	( ( (3.739 - 1.301)	+	(2.747 - 1.234) )	/ 2 )
	=	-4.668	/	( ( 2.438	+	1.513 )	/ 2 )
	=	-4.668	/	1.9755
	=	-236.29 %

(1) Note: The EBIT data used here is four times the quarterly (Jan. 2024) EBIT data.

Eat & Beyond Global Holdings (XCNQ:EATS) 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.

Eat & Beyond Global Holdings ROCE % Related Terms

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Eat & Beyond Global Holdings (XCNQ:EATS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Eat & Beyond Global Holdings Inc (XCNQ:EATS) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

EATBF:USA 988:Germany

Address

1055 West Hastings Street, Suite 1060, Guiness Tower, Vancouver, BC, CAN, V6Z 2E9

Website

https://www.eatandbeyond.com

Eat & Beyond Global Holdings Inc focuses on investments in the plant-based protein and meat alternative food industry. Its investments may include the acquisition of equity, debt or other securities of publicly traded or private companies or other entities.

Eat & Beyond Global Holdings (XCNQ:EATS) Headlines

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