CHMJF (Waverunner Capital) ROCE % : -503.31% (As of Sep. 2024)

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What is Waverunner Capital 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. Waverunner Capital's annualized ROCE % for the quarter that ended in Sep. 2024 was -503.31%.

Waverunner Capital ROCE % Historical Data

The historical data trend for Waverunner Capital'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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Waverunner Capital ROCE % Chart

Waverunner Capital Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

ROCE %

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-38.80

-347.69

Waverunner Capital 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															-	-	-	-	-503.31

Waverunner Capital ROCE % Calculation

Waverunner Capital's annualized ROCE % for the fiscal year that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2024 )		(A: Jun. 2023 )		(A: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2024 )		(A: Jun. 2023 )		(A: Jun. 2024 )
	=	-2.446	/	( ( (0.721 - 5.586)	+	(0.35 - 0.225) )	/ 2 )
	=	-2.446	/	( (-4.865	+	0.125)	/ 2 )
	=	-2.446	/	-2.37
	=	103.21 %

Waverunner Capital'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 )
	=	-0.38	/	( ( (0.35 - 0.225)	+	(0.247 - 0.221) )	/ 2 )
	=	-0.38	/	( ( 0.125	+	0.026 )	/ 2 )
	=	-0.38	/	0.0755
	=	-503.31 %

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

Waverunner Capital (OTCPK:CHMJF) 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.

Waverunner Capital ROCE % Related Terms

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Waverunner Capital Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Waverunner Capital Inc (OTCPK:CHMJF) » Definitions » ROCE %

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CM10:Germany WRUN:Canada

Address

828 Harbourside Drive, Suite 208, North Vancouver, Vancouver, BC, CAN, V7P 3R9

Website

https://www.waverunnercapital.com

Waverunner Capital Inc is a Canadian investment company whose focus is on opportunistic investments across a broad range of industries and is seeking to invest in early-stage companies. Its Existing holdings are in a consumer-targeted biotechnology venture, a renewable energy developer in the wind and solar sector ("REVV"), a plant-based wellness company ("FUEL"), and an Ontario limited partnership ("ONLP") to take advantage of opportunistic long/short equity opportunities in both potential upside and downside expected price moves.