MCOA (Marijuana Company of America) ROC %: -34.68% (As of Sep. 2022)

What is Marijuana Company of America ROC %?

Marijuana Company of America MCOA -99.00% ROC % is -34.68% as of Sep. 2022.

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Marijuana Company of America's annualized return on capital (ROC %) for the quarter that ended in Sep. 2022 was -34.68%.

As of today (2026-06-27), Marijuana Company of America's WACC % is 0.00%. Marijuana Company of America's ROC % is 0.00% (calculated using TTM income statement data). Marijuana Company of America earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Marijuana Company of America (OTCPK:MCOA) 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, Marijuana Company of America's WACC % is 0.00%. Marijuana Company of America's ROC % is 0.00% (calculated using TTM income statement data). Marijuana Company of America 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.

Marijuana Company of America ROC % Related Terms

Marijuana Company of America ROC % Historical Data

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The historical data trend for Marijuana Company of America'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.

Marijuana Company of America ROC % Chart

Marijuana Company of America Annual Data

Trend

Dec00

Dec01

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

ROC %

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-388.26

-48.00

-82.62

-52.76

-51.44

Marijuana Company of America Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
ROC %	Get a 7-Day Free Trial															-67.75	-63.75	-29.81	-31.20	-34.68

Marijuana Company of America ROC % Calculation

Marijuana Company of America's annualized Return on Capital (ROC %) for the fiscal year that ended in Dec. 2021 is calculated as:

	ROC % (A: Dec. 2021 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (A: Dec. 2020 )	+	Invested Capital (A: Dec. 2021 ))	/ count )
=	-4.711 * ( 1 - 0% )	/	( (7.584	+	10.733)	/ 2 )
=	-4.711	/	9.1585
=	-51.44 %

where

	Invested Capital		(A: Dec. 2020 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	2.106	-	1.552	-	( 0.314	-	max(0, 7.568	-	0.538	+	0.314	))
=	7.584

	Invested Capital		(A: Dec. 2021 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	7.96	-	2.193	-	( 0.104	-	max(0, 7.729	-	2.763	+	0.104	))
=	10.733

Marijuana Company of America's annualized Return on Capital (ROC %) for the quarter that ended in Sep. 2022 is calculated as:

	ROC % (Q: Sep. 2022 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jun. 2022 )	+	Invested Capital (Q: Sep. 2022 ))	/ count )
=	-3.572 * ( 1 - 0% )	/	( (10.936	+	9.663)	/ 2 )
=	-3.572	/	10.2995
=	-34.68 %

where

	Invested Capital		(Q: Jun. 2022 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	5.691	-	1.984	-	( 0.043	-	max(0, 7.828	-	0.599	+	0.043	))
=	10.936

	Invested Capital		(Q: Sep. 2022 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	3.468	-	2.328	-	( 0.001	-	max(0, 8.982	-	0.459	+	0.001	))
=	9.663

Note: The Operating Income data used here is four times the quarterly (Sep. 2022) data. The tax rate is limited to between 0% and 100%.

Frequently Asked Questions Learn more about ROC % →

What does a ROC % of -34.68% mean?

Marijuana Company of America (MCOA) has a ROC % of -34.68% as of Sep. 2022. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Marijuana Company of America and its competitors.

Is Marijuana Company of America's ROC % too high?

Marijuana Company of America's current ROC % is -34.68%.

How does Marijuana Company of America's ROC % compare to CPHI and BSPK?

Marijuana Company of America's ROC % of -34.68% can be compared against companies in the Drug Manufacturers industry. The industry median ROC % is 4.44. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good ROC % for a Drug Manufacturers company?

The median ROC % among Drug Manufacturers companies is 4.44, based on 985 companies in the industry. Companies in the top quartile (top 25%) have a ROC % significantly above this median, while those in the bottom quartile fall well below. However, ROC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high ROC % mean?

A high ROC % can signal that a stock is expensive relative to its fundamentals. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Marijuana Company of America and its competitors. For the Drug Manufacturers industry, the median ROC % is 4.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Marijuana Company of America's current ROC % is -34.68%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Marijuana Company of America stock overvalued right now?

Marijuana Company of America (MCOA) has a current ROC % of -34.68%. The current ROC % is -34.68%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is ROC % calculated?

ROC % is calculated from a company's financial statements. For Marijuana Company of America (MCOA), the current ROC % is -34.68% as of Sep. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Marijuana Company of America Business Description

Industry Healthcare Drug Manufacturers

Comparable Companies CPHI BSPK IGPK SXTC GPFT CSUI INLB VFRM MJNE PCYN ZTS XTER:MRK TSE:4502 LSE:HLN NSE:SUNPHARMA TSE:4523 TSE:4507 SZSE:000538 XTAE:TEVA NSE:DIVISLAB

Address 633 West 5th Street, Suite 2826, Los Angeles, CA, USA, 90071

Website https://www.marijuanacompanyofamerica.com

Marijuana Company of America Inc is an owner and operator of licensed cannabis cultivation, processing and dispensary facilities and a developer, producer and distributor of branded cannabis and cannabidiol (CBD) products in the United States.