Simply Better Brands (FRA:5SS0) ROCE % : 508.02% (As of Sep. 2024)

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What is Simply Better 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. Simply Better Brands's annualized ROCE % for the quarter that ended in Sep. 2024 was 508.02%.

Simply Better Brands ROCE % Historical Data

The historical data trend for Simply Better 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.

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Simply Better Brands ROCE % Chart

Simply Better Brands Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

231.54

-36.26

-203.32

-157.21

-810.97

Simply Better Brands 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															27.30	-7,587.59	-	-	508.02

Simply Better Brands ROCE % Calculation

Simply Better 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 )
	=	-20.177	/	( ( (34.579 - 23.103)	+	(17.917 - 24.417) )	/ 2 )
	=	-20.177	/	( (11.476	+	-6.5)	/ 2 )
	=	-20.177	/	2.488
	=	-810.97 %

Simply Better Brands'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 )
	=	15.68	/	( ( (14.982 - 15.171)	+	(14.994 - 8.632) )	/ 2 )
	=	15.68	/	( ( -0.189	+	6.362 )	/ 2 )
	=	15.68	/	3.0865
	=	508.02 %

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

Simply Better Brands (FRA:5SS0) 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.

Simply Better Brands ROCE % Related Terms

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Simply Better Brands Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Simply Better Brands Corp (FRA:5SS0) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

SBBCF:USA 5SS0:Germany SBBC:Canada

Address

595 Howe Street, Suite 206, Vancouver, BC, CAN, V6C 2T5

Website

https://www.simplybetterbrands.com

Simply Better Brands Corp is an international omni-channel platform with diversified assets in the plant-based and holistic wellness consumer product categories. The company focuses on innovation in the plant-based, natural, and clean ingredient space. It also focuses on expansion into consumer product categories including CBD products, plant-based food and beverage, and the pet care and skin care industries. It operates in one reportable segment being the sale of consumer health and wellness products with sales principally generated from the United States.

Simply Better Brands Headlines

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