MTEX (Mannatech) ROCE % : -14.49% (As of Sep. 2024)

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What is Mannatech 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. Mannatech's annualized ROCE % for the quarter that ended in Sep. 2024 was -14.49%.

Mannatech ROCE % Historical Data

The historical data trend for Mannatech'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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Mannatech ROCE % Chart

Mannatech Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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20.55

13.33

28.79

-1.66

-5.55

Mannatech Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															11.91	-43.37	21.62	-29.63	-14.49

Mannatech ROCE % Calculation

Mannatech'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 )
	=	-0.964	/	( ( (49.128 - 29.838)	+	(41.206 - 25.78) )	/ 2 )
	=	-0.964	/	( (19.29	+	15.426)	/ 2 )
	=	-0.964	/	17.358
	=	-5.55 %

Mannatech'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 )
	=	-2.432	/	( ( (39.915 - 23.961)	+	(40.572 - 22.952) )	/ 2 )
	=	-2.432	/	( ( 15.954	+	17.62 )	/ 2 )
	=	-2.432	/	16.787
	=	-14.49 %

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

Mannatech (NAS:MTEX) 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.

Mannatech ROCE % Related Terms

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Mannatech Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Mannatech Inc (NAS:MTEX) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1410 Lakeside Parkway, Suite 200, Flower Mound, TX, USA, 75028

Website

https://www.mannatech.com

Mannatech Inc is a wellness solution provider. The company develops and sells nutritional supplements, topical and skin care and anti-aging products, and weight-management products that target optimal health and wellness. Mannatech sells products in three regions: the Americas (the United States, Canada, and Mexico); Europe/the Middle East/Africa (EMEA) (Austria, the Czech Republic, Denmark, Estonia, Finland, Germany, the Republic of Ireland, Namibia, the Netherlands, Norway, South Africa, Spain, Sweden, and the United Kingdom); and Asia/Pacific (Australia, Japan, New Zealand, the Republic of Korea, Singapore, Taiwan, Hong Kong, and China). Mannatech generates the majority of its revenue from the Americas.

Executives

Tyler Rameson	director	300 SHEFFIELD DRIVE, SANTA BARBARA CA 93108
Larry A Jobe	director	2951 KINWEST PARKWAY, IRVING TX 75063
Alfredo Bala	officer: CEO and President	28 CITY VIEW CIRCLE, NORTH PROVIDENCE RI 02911
Kevin Andrew Robbins	director	600 S. ROYAL LANE, STE. 200, COPPELL TX 75019
Seifrick A John	director	3443 WEST LAWTHER DRIVE, DALLAS TX 75214
J Stanley Fredrick	director, 10 percent owner	1601 BRYAN STREET, 30TH FLOOR, DALLAS TX 75201
Gerald E Gilbert	director
Erin Kemmler Barta	officer: General Counsel	600 S. ROYAL LANE, SUITE 200, COPPELL TX 75019
Ronald Dale Norman	officer: Sr VP Treasury	600 S. ROYAL LANE, SUITE 200, COPPELL TX 75019
Joel R. Bikman	officer: COO	600 S. ROYAL LANE, SUITE 200, COPPELL TX 75019
Yong Jae Park	officer: Regional President	600 S ROYAL LANE, SUITE 200, COPPELL TX 75019
Christopher J. Simons	officer: Regional President	600 S ROYAL LANE, SUITE 200, COPPELL TX 75019
David Allen Johnson	officer: Chief Financial Officer	600 S. ROYAL LANE, SUITE 200, COPPELL TX 75019
Robert Toth	director
Eric W Schrier	director	MANNATECH, INCORPORATED, 600 S. ROYAL LANE, SUITE 200, COPPELL TX 75019