CRGH (Carriage House Event Center) ROCE % : -143.59% (As of Sep. 2024)

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What is Carriage House Event Center 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. Carriage House Event Center's annualized ROCE % for the quarter that ended in Sep. 2024 was -143.59%.

Carriage House Event Center ROCE % Historical Data

The historical data trend for Carriage House Event Center'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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Carriage House Event Center ROCE % Chart

Carriage House Event Center Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

-115.15

-243.48

Carriage House Event Center 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															-	-	-102.13	-49.23	-143.59

Carriage House Event Center ROCE % Calculation

Carriage House Event Center'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 )
	=	-0.015	/	( ( (0.001 - 0.112)	+	(0.029 - 0.001) )	/ 2 )
	=	-0.015	/	( (-0.111	+	0.028)	/ 2 )
	=	-0.015	/	-0.0415
	=	36.14 %

Carriage House Event Center'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 )
	=	-0.056	/	( ( (0.046 - 0)	+	(0.032 - 0) )	/ 2 )
	=	-0.056	/	( ( 0.046	+	0.032 )	/ 2 )
	=	-0.056	/	0.039
	=	-143.59 %

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

Carriage House Event Center (OTCPK:CRGH) 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.

Carriage House Event Center ROCE % Related Terms

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Carriage House Event Center Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Carriage House Event Center Inc (OTCPK:CRGH) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

558 Castle Pines Parkway B-4, Suite 140, Castle Pines, CO, USA, 80108

Website

https://www.carriagehouseevent.com

Carriage House Event Center Inc is a shell company.

Carriage House Event Center Headlines

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