Ventura Cannabis and Wellness (Ventura Cannabis and Wellness) ROCE % : -24.76% (As of May. 2020)

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What is Ventura Cannabis and 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. Ventura Cannabis and Wellness's annualized ROCE % for the quarter that ended in May. 2020 was -24.76%.

Ventura Cannabis and Wellness ROCE % Historical Data

The historical data trend for Ventura Cannabis and 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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Ventura Cannabis and Wellness ROCE % Chart

Ventura Cannabis and Wellness Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Nov14

Nov15

Feb17

Feb18

Feb19

Feb20

ROCE %

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-2.14

-95.83

-15.39

-24.40

-12.47

Ventura Cannabis and Wellness Quarterly Data
	May15	Aug15	Nov15	May16	Aug16	Nov16	Feb17	May17	Aug17	Nov17	Feb18	May18	Aug18	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20
ROCE %	Get a 7-Day Free Trial															-17.95	-11.19	-25.33	9.52	-24.76

Ventura Cannabis and Wellness ROCE % Calculation

Ventura Cannabis and Wellness's annualized ROCE % for the fiscal year that ended in Feb. 2020 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Feb. 2020 )		(A: Feb. 2019 )		(A: Feb. 2020 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Feb. 2020 )		(A: Feb. 2019 )		(A: Feb. 2020 )
	=	-1.22	/	( ( (15.835 - 5.742)	+	(12.153 - 2.683) )	/ 2 )
	=	-1.22	/	( (10.093	+	9.47)	/ 2 )
	=	-1.22	/	9.7815
	=	-12.47 %

Ventura Cannabis and Wellness's ROCE % of for the quarter that ended in May. 2020 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: May. 2020 )		(Q: Feb. 2020 )		(Q: May. 2020 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: May. 2020 )		(Q: Feb. 2020 )		(Q: May. 2020 )
	=	-2.228	/	( ( (12.153 - 2.683)	+	(10.43 - 1.9) )	/ 2 )
	=	-2.228	/	( ( 9.47	+	8.53 )	/ 2 )
	=	-2.228	/	9
	=	-24.76 %

(1) Note: The EBIT data used here is four times the quarterly (May. 2020) EBIT data.

Ventura Cannabis and Wellness (OTCPK:CVHIF) 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.

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Ventura Cannabis and Wellness (Ventura Cannabis and Wellness) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Ventura Cannabis and Wellness Corp (OTCPK:CVHIF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

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Address

800 W. 6th St, Suite 1415, Los Angeles, CA, USA, 90017

Website

http://www.venturacanna.com

Ventura Cannabis and Wellness Corp is a vertically integrated, California-based products cannabis company. The company is currently building out its distribution channel through revenue-sharing agreements with owner-operator of cannabis dispensaries to ensure it's products get premium shelf space. The Company plans to target four segments in the U.S. cannabis and CBD market with products suited to their needs: senior citizens, upwardly mobile middle-aged female professionals, upwardly mobile middle-aged male professionals and individuals suffering from addiction. These segments desire discrete and well-designed products as well as the accurate dosage of THC.