South Beach Spirits (South Beach Spirits) ROCE % : -37.32% (As of Feb. 2018)

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What is South Beach Spirits 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. South Beach Spirits's annualized ROCE % for the quarter that ended in Feb. 2018 was -37.32%.

South Beach Spirits ROCE % Historical Data

The historical data trend for South Beach Spirits'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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South Beach Spirits ROCE % Chart

South Beach Spirits Annual Data

Trend

Feb13

Feb14

Feb15

Feb16

Feb17

Feb18

ROCE %

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-37.32

South Beach Spirits Semi-Annual Data
	Feb13	Feb14	Feb15	Feb16	Feb17	Feb18
ROCE %	Get a 7-Day Free Trial			-	-	-	-	-37.32

South Beach Spirits ROCE % Calculation

South Beach Spirits's annualized ROCE % for the fiscal year that ended in Feb. 2018 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Feb. 2018 )		(A: Feb. 2017 )		(A: Feb. 2018 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Feb. 2018 )		(A: Feb. 2017 )		(A: Feb. 2018 )
	=	-0.053	/	( ( (0.35 - 0.266)	+	(0.35 - 0.15) )	/ 2 )
	=	-0.053	/	( (0.084	+	0.2)	/ 2 )
	=	-0.053	/	0.142
	=	-37.32 %

South Beach Spirits's ROCE % of for the quarter that ended in Feb. 2018 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Feb. 2018 )		(Q: Feb. 2017 )		(Q: Feb. 2018 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Feb. 2018 )		(Q: Feb. 2017 )		(Q: Feb. 2018 )
	=	-0.053	/	( ( (0.35 - 0.266)	+	(0.35 - 0.15) )	/ 2 )
	=	-0.053	/	( ( 0.084	+	0.2 )	/ 2 )
	=	-0.053	/	0.142
	=	-37.32 %

(1) Note: The EBIT data used here is one times the annual (Feb. 2018) EBIT data.

South Beach Spirits (OTCPK:SBES) 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.

South Beach Spirits ROCE % Related Terms

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South Beach Spirits (South Beach Spirits) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » South Beach Spirits Inc (OTCPK:SBES) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

8913 Regents Park Drive, No.550, Tampa, FL, USA, 33401

Website

http://southbeach-spirits.com

South Beach Spirits Inc is a Florida based company. The company is engaged in the development, marketing, and distribution of alcoholic beverage. It distributes traditional and flavored vodka under the brand V Georgio Vodka.

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