GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Mystic Holdings Inc (OTCPK:MSTH) » Definitions » ROCE %

MSTH (Mystic Holdings) ROCE % : 0.00% (As of . 20)


View and export this data going back to 2021. Start your Free Trial

What is Mystic Holdings 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. Mystic Holdings's annualized ROCE % for the quarter that ended in . 20 was 0.00%.


Mystic Holdings ROCE % Historical Data

The historical data trend for Mystic Holdings'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.

Mystic Holdings ROCE % Chart

Mystic Holdings Annual Data
Trend
ROCE %

Mystic Holdings Semi-Annual Data
ROCE %

Mystic Holdings ROCE % Calculation

Mystic Holdings's annualized ROCE % for the fiscal year that ended in . 20 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=/( ( ( - ) + ( - ) )/ )
=/( (+)/ )
=/
= %

Mystic Holdings's ROCE % of for the quarter that ended in . 20 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=/( ( ( - ) + ( - ) )/ )
=/( ( + )/ )
=/
= %

(1) Note: The EBIT data used here is one times the annual (. 20) EBIT data.

* 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.


Mystic Holdings  (OTCPK:MSTH) 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.


Mystic Holdings ROCE % Related Terms

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


Mystic Holdings Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
4145, Wagon Trail Avenue, Las Vegas, NV, USA, 89118
Mystic Holdings Inc is a holding company that, through its subsidiaries, is engaged in the cannabis industry in the State of Nevada. They operate two recreational/medical retail dispensaries, one in Clark County, Las Vegas and one in Reno.

Mystic Holdings Headlines

No Headlines