Ayurcann Holdings (STU:3ZQ0) ROCE % : 8.63% (As of Dec. 2024)

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What is Ayurcann Holdings 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. Ayurcann Holdings's annualized ROCE % for the quarter that ended in Dec. 2024 was 8.63%.

Ayurcann Holdings ROCE % Historical Data

The historical data trend for Ayurcann Holdings'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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Ayurcann Holdings ROCE % Chart

Ayurcann Holdings Annual Data

Trend

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Jun21

Jun22

Jun23

Jun24

ROCE %

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-19.19

12.11

-67.95

-128.88

-159.88

Ayurcann Holdings Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															-97.08	-43.27	-396.31	-61.36	8.63

Ayurcann Holdings ROCE % Calculation

Ayurcann Holdings's annualized ROCE % for the fiscal year that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2024 )		(A: Jun. 2023 )		(A: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2024 )		(A: Jun. 2023 )		(A: Jun. 2024 )
	=	-2.204	/	( ( (8.844 - 6.934)	+	(10.069 - 9.222) )	/ 2 )
	=	-2.204	/	( (1.91	+	0.847)	/ 2 )
	=	-2.204	/	1.3785
	=	-159.88 %

Ayurcann Holdings's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	0.212	/	( ( (11.097 - 10.536)	+	(10.84 - 6.489) )	/ 2 )
	=	0.212	/	( ( 0.561	+	4.351 )	/ 2 )
	=	0.212	/	2.456
	=	8.63 %

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

Ayurcann Holdings (STU:3ZQ0) 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.

Ayurcann Holdings ROCE % Related Terms

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Ayurcann Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Ayurcann Holdings Corp (STU:3ZQ0) » Definitions » ROCE %

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Traded in Other Exchanges

AYURF:USA AYUR:Canada

Address

1080 Brock Road, Unit 6, Pickering, ON, CAN, L1W 3H3

Website

http://www.ayurcann.com

Ayurcann Holdings Corp is engaged in providing post-harvest outsourcing solutions to licensed cannabis producers and the manufacture and distribution of cannabis products.

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