EDNEF (Eden Empire) ROCE %: 0.00% (As of Apr. 2022)


What is Eden Empire ROCE %?

Eden Empire EDNEF ROCE % is 0.00% as of Apr. 2022.

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. Eden Empire's annualized ROCE % for the quarter that ended in Apr. 2022 was 0.00%.

Eden Empire  (OTCPK:EDNEF) 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.

Eden Empire ROCE % Related Terms

Eden Empire ROCE % Historical Data

* Premium members only.

The historical data trend for Eden Empire'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.

Eden Empire ROCE % Chart

Eden Empire Annual Data
Trend Jul19 Jul20 Jul21
ROCE %
-28.13 -78.89 -172.58

Eden Empire Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -86.67 -395.37 -4,189.83 0.00 0.00

Eden Empire ROCE % Calculation

Eden Empire's annualized ROCE % for the fiscal year that ended in Jul. 2021 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Jul. 2021 )  (A: Jul. 2020 )(A: Jul. 2021 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Jul. 2021 )  (A: Jul. 2020 )(A: Jul. 2021 )
=-2.858/( ( (3.532 - 0.622) + (3.526 - 3.124) )/ 2 )
=-2.858/( (2.91+0.402)/ 2 )
=-2.858/1.656
=-172.58 %

Eden Empire's ROCE % of for the quarter that ended in Apr. 2022 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Apr. 2022 )  (Q: Jan. 2022 )(Q: Apr. 2022 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Apr. 2022 )  (Q: Jan. 2022 )(Q: Apr. 2022 )
=-2.436/( ( (4.783 - 4.572) + (4.618 - 4.934) )/ 2 )
=-2.436/( ( 0.211 + -0.316 )/ 2 )
=-2.436/-0.0525
=0 %

(1) Note: The EBIT data used here is four times the quarterly (Apr. 2022) EBIT data.

* 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 0.00% mean?
Eden Empire (EDNEF) has a ROCE % of 0.00% as of Apr. 2022.
Is Eden Empire's ROCE % too high?
Eden Empire's current ROCE % is 0.00%.
How does Eden Empire's ROCE % compare to ZTS and CTLT?
Eden Empire's ROCE % of 0.00% can be compared against companies in the Drug Manufacturers industry. The industry median ROCE % is 7.00. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Drug Manufacturers company?
The median ROCE % among Drug Manufacturers companies is 7.00, based on 958 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Drug Manufacturers industry, the median ROCE % is 7.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eden Empire's current ROCE % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eden Empire stock overvalued right now?
Eden Empire (EDNEF) has a current ROCE % of 0.00%. The current ROCE % is 0.00%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Eden Empire (EDNEF), the current ROCE % is 0.00% as of Apr. 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.

Eden Empire Business Description

Address The Stack, 1133 Melville Street, Suite 2700, Vancouver, BC, CAN, V6E 4E5
Eden Empire Inc is engaged in the business of operating and investing in the retail cannabis sector.