Maverick Lifestyle (Maverick Lifestyle) ROCE % : -41,828.57% (As of Jun. 2023)

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What is Maverick Lifestyle 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. Maverick Lifestyle's annualized ROCE % for the quarter that ended in Jun. 2023 was -41,828.57%.

Maverick Lifestyle ROCE % Historical Data

The historical data trend for Maverick Lifestyle'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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Maverick Lifestyle ROCE % Chart

Maverick Lifestyle Annual Data

Trend

Dec20

Dec21

Dec22

ROCE %

-14.00

-12.93

Maverick Lifestyle Quarterly Data
	Dec21	Mar22	Jun22	Dec22	Mar23	Jun23
ROCE %	Get a 7-Day Free Trial			-6.93	-	-	-29.17	-41,828.57

Maverick Lifestyle ROCE % Calculation

Maverick Lifestyle's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	-1.077	/	( ( (11.425 - 1.387)	+	(8.847 - 2.23) )	/ 2 )
	=	-1.077	/	( (10.038	+	6.617)	/ 2 )
	=	-1.077	/	8.3275
	=	-12.93 %

Maverick Lifestyle's ROCE % of for the quarter that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2023 )		(Q: Mar. 2023 )		(Q: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2023 )		(Q: Mar. 2023 )		(Q: Jun. 2023 )
	=	-1.464	/	( ( (8.648 - 8.409)	+	(8.328 - 8.56) )	/ 2 )
	=	-1.464	/	( ( 0.239	+	-0.232 )	/ 2 )
	=	-1.464	/	0.0034999999999989
	=	-41,828.57 %

(1) Note: The EBIT data used here is four times the quarterly (Jun. 2023) EBIT data.

Maverick Lifestyle (NAS:MVRK) 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.

Maverick Lifestyle ROCE % Related Terms

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Maverick Lifestyle (Maverick Lifestyle) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » Maverick Lifestyle Inc (NAS:MVRK) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

7427 NC Highway 58 South, Stantonsburg, NC, USA, 27883

Website

Maverick Lifestyle Inc is a Hemp Canna-Infused Products Company primarily engaged in the manufacturing, branding, marketing, distribution and sales of products infused with hemp-derived cannabinoids (including but not limited to delta-8-THC, delta-9-THC, delta-10-THC, HHC, CBD, CBG and CBN) such as pre-rolled hemp joints and hemp cigarettes, hemp cigarillos, blunts, disposable live resin vapes, gummies and unique edibles. It is also engaged in the development of high speed rolling manufacturing technology specifically designed for the hemp and cannabis industry, such as converting high speed tobacco rolling machines to roll stickier products such as delta-8-THC, HHC infused hemp, packing machines to automatically package rolled products into consumer packaging ready for the shelf.

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