Gaia Grow (FRA:GG00) ROCE % : -112.65% (As of Sep. 2022)

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What is Gaia Grow 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. Gaia Grow's annualized ROCE % for the quarter that ended in Sep. 2022 was -112.65%.

Gaia Grow ROCE % Historical Data

The historical data trend for Gaia Grow'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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Gaia Grow ROCE % Chart

Gaia Grow Annual Data

Trend

Jan12

Jan13

Jan14

Jan15

Jan16

Jan17

Jan18

Jan19

Dec20

Dec21

ROCE %

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-22.22

-16.52

-23.09

-670.73

-515.32

Gaia Grow Quarterly Data
	Oct17	Jan18	Apr18	Jul18	Oct18	Jan19	Apr19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
ROCE %	Get a 7-Day Free Trial															-60.31	-511.27	-108.98	-1,093.43	-112.65

Gaia Grow ROCE % Calculation

Gaia Grow's annualized ROCE % for the fiscal year that ended in Dec. 2021 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2021 )		(A: Dec. 2020 )		(A: Dec. 2021 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2021 )		(A: Dec. 2020 )		(A: Dec. 2021 )
	=	-4.406	/	( ( (0.809 - 0.217)	+	(1.493 - 0.375) )	/ 2 )
	=	-4.406	/	( (0.592	+	1.118)	/ 2 )
	=	-4.406	/	0.855
	=	-515.32 %

Gaia Grow's ROCE % of for the quarter that ended in Sep. 2022 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2022 )		(Q: Jun. 2022 )		(Q: Sep. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2022 )		(Q: Jun. 2022 )		(Q: Sep. 2022 )
	=	-0.592	/	( ( (1.034 - 0.439)	+	(1.127 - 0.671) )	/ 2 )
	=	-0.592	/	( ( 0.595	+	0.456 )	/ 2 )
	=	-0.592	/	0.5255
	=	-112.65 %

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

Gaia Grow (FRA:GG00) 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.

Gaia Grow ROCE % Related Terms

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Gaia Grow (FRA:GG00) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Gaia Grow Corp (FRA:GG00) » Definitions » ROCE %

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Address

595 Howe Street, 10th Floor, Vancouver, BC, CAN

Website

https://www.gaiagrow.com

Gaia Grow Corp is a Canada based company engaged in producing hemp. Its main business focus is farming Industrial Hemp for Medical Purposes.

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