AYRWF (Ayr Wellness) ROCE % : -5.22% (As of Sep. 2024)

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What is Ayr Wellness 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. Ayr Wellness's annualized ROCE % for the quarter that ended in Sep. 2024 was -5.22%.

Ayr Wellness ROCE % Historical Data

The historical data trend for Ayr Wellness'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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Ayr Wellness ROCE % Chart

Ayr Wellness Annual Data

Trend

Sep18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-73.55

0.17

2.61

-8.97

-0.46

Ayr Wellness Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															1.62	-3.17	-24.22	-1.24	-5.22

Ayr Wellness ROCE % Calculation

Ayr Wellness'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 )
	=	-6.353	/	( ( (1767.77 - 268.805)	+	(1459.855 - 200.478) )	/ 2 )
	=	-6.353	/	( (1498.965	+	1259.377)	/ 2 )
	=	-6.353	/	1379.171
	=	-0.46 %

Ayr Wellness's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	-68.62	/	( ( (1436.367 - 108.027)	+	(1421.201 - 117.949) )	/ 2 )
	=	-68.62	/	( ( 1328.34	+	1303.252 )	/ 2 )
	=	-68.62	/	1315.796
	=	-5.22 %

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

Ayr Wellness (OTCPK:AYRWF) 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.

Ayr Wellness ROCE % Related Terms

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Ayr Wellness Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Ayr Wellness Inc (OTCPK:AYRWF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

3KJB:Germany AYR.A:Canada

Address

2601 South Bayshore Drive, Suite 900, Miami, FL, USA, 33133

Website

https://www.ayrwellness.com

Ayr Wellness Inc is a vertically integrated, U.S. multi-state cannabis operator. IT engaged in the cultivation, manufacturer, and retailer of cannabis products and branded cannabis packaged goods. It operates in one operating segment, cannabis sales.