DAVIDsTEA (FRA:DAT) ROCE % : -36.83% (As of Oct. 2022)

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What is DAVIDsTEA 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. DAVIDsTEA's annualized ROCE % for the quarter that ended in Oct. 2022 was -36.83%.

DAVIDsTEA ROCE % Historical Data

The historical data trend for DAVIDsTEA'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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DAVIDsTEA ROCE % Chart

DAVIDsTEA Annual Data

Trend

Jan13

Jan14

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

ROCE %

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-18.75

-25.42

-28.09

-148.38

514.98

DAVIDsTEA Quarterly Data
	Jan18	Apr18	Jul18	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22
ROCE %	Get a 7-Day Free Trial															-14.45	9.81	-12.87	-35.53	-36.83

DAVIDsTEA ROCE % Calculation

DAVIDsTEA's annualized ROCE % for the fiscal year that ended in Jan. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jan. 2022 )		(A: Jan. 2021 )		(A: Jan. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jan. 2022 )		(A: Jan. 2021 )		(A: Jan. 2022 )
	=	54.109	/	( ( (52.416 - 72.376)	+	(55.05 - 14.076) )	/ 2 )
	=	54.109	/	( (-19.96	+	40.974)	/ 2 )
	=	54.109	/	10.507
	=	514.98 %

DAVIDsTEA's ROCE % of for the quarter that ended in Oct. 2022 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Oct. 2022 )		(Q: Jul. 2022 )		(Q: Oct. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Oct. 2022 )		(Q: Jul. 2022 )		(Q: Oct. 2022 )
	=	-13.416	/	( ( (53.554 - 14.905)	+	(50.846 - 16.651) )	/ 2 )
	=	-13.416	/	( ( 38.649	+	34.195 )	/ 2 )
	=	-13.416	/	36.422
	=	-36.83 %

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

DAVIDsTEA (FRA:DAT) 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.

DAVIDsTEA ROCE % Related Terms

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DAVIDsTEA (FRA:DAT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » DAVIDsTEA Inc (FRA:DAT) » Definitions » ROCE %

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Traded in Other Exchanges

N/A

Address

5430 Ferrier Street, Mount-Royal, QC, CAN, H4P 1M2

Website

https://www.davidstea.com

DAVIDsTEA Inc is a company functional in Canada's packaged foods market. Operating as a branded retailer of different types of tea, the company serves through DAVIDsTEA stores and its website, davidstea.com. Its business involves the sale of three main products; Tea, Tea Accessories and Food and Beverages. Tea products such as loose-leaf teas, pre-packaged teas, and tea sachets account for the majority of the company's sales. The Company has two operating segments, Canada, and the U.S; that derive their revenues from various distribution channels including online, retail and wholesale. The Company derives revenue from Tea, Tea accessories and Food and beverages products. Majority revenue is derived from Tea products.