Ultra Brands (Ultra Brands) ROCE % : 0.00% (As of Mar. 2024)

View and export this data going back to 2018. Start your Free Trial

What is Ultra Brands 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. Ultra Brands's annualized ROCE % for the quarter that ended in Mar. 2024 was 0.00%.

Ultra Brands ROCE % Historical Data

The historical data trend for Ultra Brands'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.

* Premium members only.

Ultra Brands ROCE % Chart

Ultra Brands Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

-57.39

-26.71

-1,134.82

-456.56

Ultra Brands Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															-	-	-	-	-

Ultra Brands ROCE % Calculation

Ultra Brands'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 )
	=	-0.3	/	( ( (0.39 - 0.42)	+	(0.16 - 0.553) )	/ 2 )
	=	-0.3	/	( (-0.03	+	-0.393)	/ 2 )
	=	-0.3	/	-0.2115
	=	141.84 %

Ultra Brands's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	-0.08	/	( ( (0.16 - 0.553)	+	(0.16 - 0.578) )	/ 2 )
	=	-0.08	/	( ( -0.393	+	-0.418 )	/ 2 )
	=	-0.08	/	-0.4055
	=	0 %

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

Ultra Brands (GREY:FLLLF) 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.

Ultra Brands ROCE % Related Terms

Thank you for viewing the detailed overview of Ultra Brands's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Ultra Brands (Ultra Brands) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Ultra Brands Ltd (GREY:FLLLF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

ULTA:Canada

Address

400-837 West Hastings Street, Vancouver, BC, CAN, V6C 0A6

Website

https://www.feelfoodsco.com

Ultra Brands Ltd is an agri-food holdings company focused on innovative products and technologies in the food services industry and plant-based foods line up of plant-based chicken, pork, and beef products as well as is investing in the research and development of keto-friendly plant-based candy products.