PGFF (Pioneer Green Farms) ROCE % : 0.00% (As of Sep. 2024)

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What is Pioneer Green Farms 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. Pioneer Green Farms's annualized ROCE % for the quarter that ended in Sep. 2024 was 0.00%.

Pioneer Green Farms ROCE % Historical Data

The historical data trend for Pioneer Green Farms'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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Pioneer Green Farms ROCE % Chart

Pioneer Green Farms Annual Data

Trend

Dec22

Dec23

ROCE %

Pioneer Green Farms Quarterly Data
	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial					-	-	-	-	-

Pioneer Green Farms ROCE % Calculation

Pioneer Green Farms'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 )
	=	-0.391	/	( ( (0.613 - 0.733)	+	(0.593 - 0.996) )	/ 2 )
	=	-0.391	/	( (-0.12	+	-0.403)	/ 2 )
	=	-0.391	/	-0.2615
	=	149.52 %

Pioneer Green Farms'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 )
	=	-6.452	/	( ( (0.607 - 0.988)	+	(0.619 - 0.909) )	/ 2 )
	=	-6.452	/	( ( -0.381	+	-0.29 )	/ 2 )
	=	-6.452	/	-0.3355
	=	0 %

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

Pioneer Green Farms (OTCPK:PGFF) 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.

Pioneer Green Farms ROCE % Related Terms

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Pioneer Green Farms Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Pioneer Green Farms Inc (OTCPK:PGFF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1301 10th Avenue East, Suite G, Palmetto, FL, USA, 34221

Website

https://pioneergreenfarm.com

Pioneer Green Farms Inc is engaged in growing hemp flowers from seeds to oil. The seed is planted and harvested then extracted to oil. The Company engages an extraction facility to extract the oil from the plants. Its Vision is to grow the highest quality hemp flower and provide organic products on its owned and family-operated farms. The hemp is hand-seeded, cultivated, and harvested at optimum bloom. In addition to hemp cultivation, at the Drymon Farm, it is also producing peaches, lychee, dragon fruit, passion fruit, and longan fruit stock trees for resale.

Pioneer Green Farms Headlines

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