SRM (SRM Entertainment) ROCE % : -141.62% (As of Sep. 2024)

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What is SRM Entertainment 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. SRM Entertainment's annualized ROCE % for the quarter that ended in Sep. 2024 was -141.62%.

SRM Entertainment ROCE % Historical Data

The historical data trend for SRM Entertainment'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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SRM Entertainment ROCE % Chart

SRM Entertainment Annual Data

Trend

Dec22

Dec23

ROCE %

24.24

-71.29

SRM Entertainment Quarterly Data
	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial					-258.77	-70.60	-180.93	-64.19	-141.62

SRM Entertainment ROCE % Calculation

SRM Entertainment'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 )
	=	-1.998	/	( ( (2.08 - 0.599)	+	(4.543 - 0.419) )	/ 2 )
	=	-1.998	/	( (1.481	+	4.124)	/ 2 )
	=	-1.998	/	2.8025
	=	-71.29 %

SRM Entertainment'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 )
	=	-4.48	/	( ( (3.36 - 0.304)	+	(5.731 - 2.46) )	/ 2 )
	=	-4.48	/	( ( 3.056	+	3.271 )	/ 2 )
	=	-4.48	/	3.1635
	=	-141.62 %

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

SRM Entertainment (NAS:SRM) 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.

SRM Entertainment ROCE % Related Terms

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SRM Entertainment Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » SRM Entertainment Inc (NAS:SRM) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1061 E Indiantown Road, Suite 110, Jupiter, FL, USA, 33477

Website

https://www.srmentertainment.com

SRM Entertainment Inc is a trusted toy and souvenir designer and developer, selling into theme parks and entertainment venues. It has developed, manufactured, and supplied the entertainment and amusement park industry with exclusive products that are often only available to consumers inside SRM's customer base venues such as Walt Disney Parks and Resorts, Universal Studios, SeaWorld, Six Flags, Great Wolf Lodge, Dollywood, and Merlin Entertainment. Its product category includes The Smurfs and Zoonicorns, Sammy Sloth, lilita Llama, kyle Koala, and Hanna Hedgehog.

Executives

Jupiter Wellness, Inc.	10 percent owner	1061 E. INDIANTOWN RD., STE. 110, JUPITER FL 33477
Hans Haywood	director	1061 E. INDIANTOWN ROAD, SUITE 110, JUPITER FL 33477
Brian John	director, officer: Secretary	1500 GATEWAY BLVD, SUITE 220, BOYNTON BEACH FL 33426
Gary L Herman	director	720 FIFTH AVE, 10TH FLOOR, NEW YORK NY 10019
Douglas O Mckinnon	officer: Chief Financial Officer	2104 RIDGE PLAZA DR, CASTLE ROCK CO 80108
Christopher Melton	director	C/O SG BLOCKS, INC., 400 MADISON AVENUE, SUITE 16C, NEW YORK NY 10017
Richard A Miller	director, officer: Chief Executive Officer	1500 GATEWAY BLVD, SUITE 220, BOYNTON BEACH FL 33426
Taft Bryan Flittner	officer: President	1129 WILKINSON STREET, ORLANDO FL 32803
Deborah Lynn Mcdaniel-hand	officer: VP of Production Development	1425 WAKULLA WAY, ORLANDO FL 32839