GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Nate's Food Co (OTCPK:NHMD) » Definitions » ROCE %

Nate's Food Co (Nate's Food Co) ROCE % : 0.00% (As of Nov. 2023)


View and export this data going back to 2007. Start your Free Trial

What is Nate's Food Co 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. Nate's Food Co's annualized ROCE % for the quarter that ended in Nov. 2023 was 0.00%.

Nate's Food Co ROCE % Historical Data

The historical data trend for Nate's Food Co'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.

Nate's Food Co ROCE % Chart

Nate's Food Co Annual Data
Trend Jun10 May14 May15 May16 May17 May18 May20 May21 May22 May23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Nate's Food Co Quarterly Data
May17 Aug17 Nov17 Feb18 May18 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Nate's Food Co ROCE % Calculation

Nate's Food Co's annualized ROCE % for the fiscal year that ended in May. 2023 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: May. 2023 )  (A: May. 2022 )(A: May. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: May. 2023 )  (A: May. 2022 )(A: May. 2023 )
=-0.141/( ( (0.057 - 0.97) + (0.141 - 1.095) )/ 2 )
=-0.141/( (-0.913+-0.954)/ 2 )
=-0.141/-0.9335
=15.10 %

Nate's Food Co's ROCE % of for the quarter that ended in Nov. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Nov. 2023 )  (Q: Aug. 2023 )(Q: Nov. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Nov. 2023 )  (Q: Aug. 2023 )(Q: Nov. 2023 )
=-0.596/( ( (0.118 - 0.724) + (0.278 - 1.009) )/ 2 )
=-0.596/( ( -0.606 + -0.731 )/ 2 )
=-0.596/-0.6685
=0 %

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

Nate's Food Co  (OTCPK:NHMD) 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.

Nate's Food Co ROCE % Related Terms

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

Nate's Food Co (Nate's Food Co) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Nate's Food Co (OTCPK:NHMD) » Definitions » ROCE %
Comparable Companies
MNTR GMPW MGHL CCTL NCPL MGTI VTXB SYSX BEGI LGHL MS GS SCHW ASX:MQG SHSE:600030 BSP:BPAC3 RJF SHSE:601066 TW HKSE:03908
Traded in Other Exchanges
N/A
Address
15151 Springdale Street, Huntington Beach, CA, USA, 92649
Website
https://www.natesfoodco.com
Nate's Food Co is a food manufacturing and product company that manufactures, distributes, and sells ready-to-use, pre-mixed pancake and waffle batter. The Company is engaged in Bitcoin Mining which is the process by which Bitcoins are created resulting in new blocks being added to the blockchain and new Bitcoins being issued to the miners. The company sells its products across the United States to a variety of customers through its online store.
Executives
Marc Alan Kassoff director, 10 percent owner, officer: CFO 15061 SPRINGDALE, SUITE 113, HUNTINGTON BEACH CA 92649
Timothy Lynn Denton officer: Sec. 15061 SPRINGDALE, SUITE 113, HUNTINGTON BEACH CA 92649