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GRVE (Groove Botanicals) ROC % : 0.00% (As of Dec. 2024)


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What is Groove Botanicals ROC %?

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Groove Botanicals's annualized return on capital (ROC %) for the quarter that ended in Dec. 2024 was 0.00%.

As of today (2025-03-14), Groove Botanicals's WACC % is 9.65%. Groove Botanicals's ROC % is -160.00% (calculated using TTM income statement data). Groove Botanicals earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Groove Botanicals ROC % Historical Data

The historical data trend for Groove Botanicals's ROC % 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.

Groove Botanicals ROC % Chart

Groove Botanicals Annual Data
Trend Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar23 Mar24
ROC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -15.68 -61.04 -51.46 -73.49 -296.67

Groove Botanicals Quarterly Data
Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
ROC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -220.00 - - - -

Groove Botanicals ROC % Calculation

Groove Botanicals's annualized Return on Capital (ROC %) for the fiscal year that ended in Mar. 2024 is calculated as:

ROC % (A: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Mar. 2023 ) + Invested Capital (A: Mar. 2024 ))/ count )
=-0.267 * ( 1 - 0% )/( (0.09 + 0)/ 1 )
=-0.267/0.09
=-296.67 %

where

Groove Botanicals's annualized Return on Capital (ROC %) for the quarter that ended in Dec. 2024 is calculated as:

ROC % (Q: Dec. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2024 ) + Invested Capital (Q: Dec. 2024 ))/ count )
=-0.132 * ( 1 - 0% )/( (0 + 0)/ 1 )
=-0.132/0
= %

where

Note: The Operating Income data used here is four times the quarterly (Dec. 2024) data.

* 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.


Groove Botanicals  (OTCPK:GRVE) ROC % Explanation

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, Groove Botanicals's WACC % is 9.65%. Groove Botanicals's ROC % is -160.00% (calculated using TTM income statement data). Groove Botanicals earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Be Aware

Like ROE % and ROA %, ROC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.


Groove Botanicals ROC % Related Terms

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Groove Botanicals Business Description

Traded in Other Exchanges
N/A
Address
310 Fourth Avenue South, Suite 7000, Minneapolis, MN, USA, 55415
Groove Botanicals Inc is Nevada Based corporation which engage its business development and asset acquisitions. The company also plan plan to assemble a portfolio of early-stage EV Battery Technologies developed from Universities in Norway, Sweden and Finland, and seek grants from the State of Minnesota.and the company previously engaged in oil and gas Production.
Executives
Utek Corp 10 percent owner 2109 PALM AVENUE, TAMPA FL 33605

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