Optimi Health (STU:8BN) ROCE % : -42.51% (As of Dec. 2024)

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What is Optimi Health 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. Optimi Health's annualized ROCE % for the quarter that ended in Dec. 2024 was -42.51%.

Optimi Health ROCE % Historical Data

The historical data trend for Optimi Health'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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Optimi Health ROCE % Chart

Optimi Health Annual Data

Trend

Sep20

Sep21

Sep22

Sep23

Sep24

ROCE %

-45.45

-41.98

-31.72

-41.80

Optimi Health Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial												-35.53	-30.79	-37.54	-	-42.51

Optimi Health ROCE % Calculation

Optimi Health's annualized ROCE % for the fiscal year that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Sep. 2024 )		(A: Sep. 2023 )		(A: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Sep. 2024 )		(A: Sep. 2023 )		(A: Sep. 2024 )
	=	-3.729	/	( ( (11.42 - 1.115)	+	(9.678 - 2.14) )	/ 2 )
	=	-3.729	/	( (10.305	+	7.538)	/ 2 )
	=	-3.729	/	8.9215
	=	-41.80 %

Optimi Health'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 )
	=	-3.088	/	( ( (9.678 - 2.14)	+	(9.387 - 2.396) )	/ 2 )
	=	-3.088	/	( ( 7.538	+	6.991 )	/ 2 )
	=	-3.088	/	7.2645
	=	-42.51 %

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

Optimi Health (STU:8BN) 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.

Optimi Health ROCE % Related Terms

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Optimi Health Business Description

Industry

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OPTHF:USA 8BN:Germany OPTI:Canada

Address

21 Water Street, Suite 600, Vancouver, BC, CAN, V6B 1A1

Website

https://www.optimihealth.ca

Optimi Health Corp operates in developing a vertically integrated Canadian functional mushroom brand that focuses on the health and wellness sector. The company has one reportable operating segment being that of the farming, processing, and distribution of raw mushroom biomass. It also intends to cultivate, extract, process, and distribute strains of fungi products at its facilities located in Princeton, British Columbia.

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