Reynaldos Mexican Food Co (Reynaldos Mexican Food Co) ROCE % : 0.00% (As of Jun. 2023)

View and export this data going back to 2003. Start your Free Trial

What is Reynaldos Mexican 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. Reynaldos Mexican Food Co's annualized ROCE % for the quarter that ended in Jun. 2023 was 0.00%.

Reynaldos Mexican Food Co ROCE % Historical Data

The historical data trend for Reynaldos Mexican 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.

Reynaldos Mexican Food Co ROCE % Chart

Reynaldos Mexican Food Co Annual Data

Trend

Dec21

Dec22

ROCE %

Reynaldos Mexican Food Co Quarterly Data
	Dec21	Mar22	Jun22	Dec22	Mar23	Jun23
ROCE %	Get a 7-Day Free Trial			-	-	-	-	-

Reynaldos Mexican Food Co ROCE % Calculation

Reynaldos Mexican Food Co'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 )
	=	-0.052	/	( ( (0 - 0)	+	(0 - 0.016) )	/ 1 )
	=	-0.052	/	( (0	+	-0.016)	/ 1 )
	=	-0.052	/	-0.016
	=	325.00 %

Reynaldos Mexican Food Co'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 )
	=	-0.028	/	( ( (0 - 0.036)	+	(0 - 0.044) )	/ 2 )
	=	-0.028	/	( ( -0.036	+	-0.044 )	/ 2 )
	=	-0.028	/	-0.04
	=	0 %

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

Reynaldos Mexican Food Co (OTCPK:RYNL) 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.

Reynaldos Mexican Food Co ROCE % Related Terms

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

Reynaldos Mexican Food Co (Reynaldos Mexican Food Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Reynaldos Mexican Food Co Inc (OTCPK:RYNL) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

89 Queensway, 1113, Tower 2, Lippo Centre, Admiralty, HKG

Website

http://www.rmfood.com

Reynaldos Mexican Food Co Inc is engaged in production and distribution of fresh and frozen Mexican foods.

Reynaldos Mexican Food Co (Reynaldos Mexican Food Co) Headlines

No Headlines