Integrated Cannabis Solutions (Integrated Cannabis Solutions) ROCE % : 0.00% (As of Sep. 2022)

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What is Integrated Cannabis Solutions 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. Integrated Cannabis Solutions's annualized ROCE % for the quarter that ended in Sep. 2022 was 0.00%.

Integrated Cannabis Solutions ROCE % Historical Data

The historical data trend for Integrated Cannabis Solutions'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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Integrated Cannabis Solutions ROCE % Chart

Integrated Cannabis Solutions Annual Data

Trend

Dec20

Dec21

ROCE %

Integrated Cannabis Solutions Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
ROCE %	Get a 7-Day Free Trial					-	-	-	-	-

Integrated Cannabis Solutions ROCE % Calculation

Integrated Cannabis Solutions'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 )
	=	-0.327	/	( ( (0.003 - 0.689)	+	(0.01 - 1.07) )	/ 2 )
	=	-0.327	/	( (-0.686	+	-1.06)	/ 2 )
	=	-0.327	/	-0.873
	=	37.46 %

Integrated Cannabis Solutions'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 )
	=	-0.4	/	( ( (0 - 1.258)	+	(0 - 1.374) )	/ 2 )
	=	-0.4	/	( ( -1.258	+	-1.374 )	/ 2 )
	=	-0.4	/	-1.316
	=	0 %

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

Integrated Cannabis Solutions (OTCPK:IGPK) 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.

Integrated Cannabis Solutions ROCE % Related Terms

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Integrated Cannabis Solutions (Integrated Cannabis Solutions) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Integrated Cannabis Solutions Inc (OTCPK:IGPK) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1300 N. Florida Mango Road, Site 30, West Palm Beach, FL, USA, 33409

Website

https://www.igpk.org

Integrated Cannabis Solutions Inc is a developmental stage company actively engaged in evaluating investment opportunities for early-stage ventures at the crossroads of the rapidly growing fintech and medical/recreational marijuana industries.

Executives

Eugene Caiazzo

director, officer: CEO, President

1300 N FLORIDA MANGO RD., STE. 30, WEST PALM BEACH FL 33409