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OrgHarvest (OrgHarvest) ROCE % : 0.00% (As of . 20)


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

OrgHarvest ROCE % Historical Data

The historical data trend for OrgHarvest'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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OrgHarvest ROCE % Chart

OrgHarvest Annual Data
Trend
ROCE %

OrgHarvest Quarterly Data
ROCE %

OrgHarvest ROCE % Calculation

OrgHarvest'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 )
=/( ( ( - ) + ( - ) )/ )
=/( (+)/ )
=/
= %

OrgHarvest'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 four times the quarterly (. 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.

OrgHarvest  (GREY:ORGH) 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.

OrgHarvest ROCE % Related Terms

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OrgHarvest (OrgHarvest) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » OrgHarvest Inc (GREY:ORGH) » Definitions » ROCE %
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Traded in Other Exchanges
N/A
Address
774 Mays Boulevard 10-536, Incline Village, NV, USA, 89451
Website
http://www.orgharvest.us
OrgHarvest Inc is engaged in recreational and medicinal marijuana industry for cultivating cannabis. It is a cultivator of cannabis production in Northern Nevada. The company offers flower, edibles, and oil to licensed retailers across the United States.