Gold Flora (FRA:V96) ROCE % : -42.50% (As of Sep. 2024)

View and export this data going back to 2024. Start your Free Trial

What is Gold Flora 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. Gold Flora's annualized ROCE % for the quarter that ended in Sep. 2024 was -42.50%.

Gold Flora ROCE % Historical Data

The historical data trend for Gold Flora'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.

Gold Flora ROCE % Chart

Gold Flora Annual Data

Trend

Dec22

Dec23

ROCE %

4.09

-10.28

Gold Flora Quarterly Data
	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial				74.28	-87.27	-25.65	-62.36	-42.50

Gold Flora ROCE % Calculation

Gold Flora'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 )
	=	-11.816	/	( ( (152.859 - 50.202)	+	(207.578 - 80.445) )	/ 2 )
	=	-11.816	/	( (102.657	+	127.133)	/ 2 )
	=	-11.816	/	114.895
	=	-10.28 %

Gold Flora'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 )
	=	-41.696	/	( ( (193.605 - 86.665)	+	(188.935 - 99.651) )	/ 2 )
	=	-41.696	/	( ( 106.94	+	89.284 )	/ 2 )
	=	-41.696	/	98.112
	=	-42.50 %

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

Gold Flora (FRA:V96) 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.

Gold Flora ROCE % Related Terms

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

Gold Flora Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » Gold Flora Corp (FRA:V96) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

GRAM:USA GRAM:Canada

Address

3165 Red Hill Avenue, Costa Mesa, CA, USA, 92626

Website

https://www.goldflora.com

Gold Flora Corp is one of the few cannabis brands that is vertically integrated and woman-owned and operated. Gold Flora started with a mission to provide an easy and consistent way for consumers to enjoy cannabis. After years of hard work and a shared passion for the plant, Gold Flora has become a California powerhouse - with cultivation, manufacturing, extraction, distribution, retail, and a portfolio of brands that create an array of superior products that make a difference in people's lives. Its products include disposable vape pens and gold flora flowers.

Gold Flora Headlines

No Headlines