GSRX Industries (GSRX Industries) ROCE % : -161.50% (As of Sep. 2020)

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What is GSRX Industries 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. GSRX Industries's annualized ROCE % for the quarter that ended in Sep. 2020 was -161.50%.

GSRX Industries ROCE % Historical Data

The historical data trend for GSRX Industries'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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GSRX Industries ROCE % Chart

GSRX Industries Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

ROCE %

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-780.34

-222.79

-318.93

GSRX Industries Quarterly Data
	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20
ROCE %	Get a 7-Day Free Trial															-412.12	-26.71	11.18	16.00	-161.50

GSRX Industries ROCE % Calculation

GSRX Industries's annualized ROCE % for the fiscal year that ended in Dec. 2019 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2019 )		(A: Dec. 2018 )		(A: Dec. 2019 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2019 )		(A: Dec. 2018 )		(A: Dec. 2019 )
	=	-22.467	/	( ( (8.601 - 0.725)	+	(8.047 - 1.834) )	/ 2 )
	=	-22.467	/	( (7.876	+	6.213)	/ 2 )
	=	-22.467	/	7.0445
	=	-318.93 %

GSRX Industries's ROCE % of for the quarter that ended in Sep. 2020 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2020 )		(Q: Jun. 2020 )		(Q: Sep. 2020 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2020 )		(Q: Jun. 2020 )		(Q: Sep. 2020 )
	=	-7.864	/	( ( (7.196 - 1.129)	+	(5.585 - 1.913) )	/ 2 )
	=	-7.864	/	( ( 6.067	+	3.672 )	/ 2 )
	=	-7.864	/	4.8695
	=	-161.50 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2020) EBIT data.

GSRX Industries (OTCPK:GSRX) 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.

GSRX Industries ROCE % Related Terms

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GSRX Industries (GSRX Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » GSRX Industries Inc (OTCPK:GSRX) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Building No. 3, int. Jose Efron Avenue, P.R. 606, Dorado, PRI, 00646

Website

http://www.greenspiritrx.com

GSRX Industries Inc is a vertically integrated retail, production, and cultivation firm which provides unique medical and adult-use cannabis products. The dispensaries are located in Puerto Rico and California. The company generates revenue by selling medical cannabis, edibles, and paraphernalia, including, oils, lotions, THC pills, vaporizers, rigs, grinders, t-shirts, hats, logo items, and bongs and pipes with a vaporizer. Its geographical segments include California, Tennessee, Texas, and Puerto Rico, out of which a vast majority is generated from Puerto Rico.

Executives

Geoffrey Alison	director, officer: President and Secretary	122 OCEAN PARK BLVD., SUITE 307, SANTA MONICA CA 90405
Fountainhead Capital Management Ltd	10 percent owner	PORTMAN HOUSE HUE STREET, ST HELIER, JERSEY CHANNEL ISLANDS X0 JE45RP
Henry C. Casden	director, officer: CEO	74090 EL PASEO SUITE 205 PALM DESERT CA 92260