Craftport Cannabis (STU:BBW0) ROCE % : -269.63% (As of Sep. 2022)

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What is Craftport Cannabis 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. Craftport Cannabis's annualized ROCE % for the quarter that ended in Sep. 2022 was -269.63%.

Craftport Cannabis ROCE % Historical Data

The historical data trend for Craftport Cannabis'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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Craftport Cannabis ROCE % Chart

Craftport Cannabis Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

ROCE %

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-75.83

-78.62

-36.61

-108.40

-338.44

Craftport Cannabis Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
ROCE %	Get a 7-Day Free Trial															-55.01	-5,036.21	-	-	-269.63

Craftport Cannabis ROCE % Calculation

Craftport Cannabis's annualized ROCE % for the fiscal year that ended in Dec. 2021 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2021 )		(A: Dec. 2020 )		(A: Dec. 2021 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2021 )		(A: Dec. 2020 )		(A: Dec. 2021 )
	=	-9.116	/	( ( (12.059 - 4.474)	+	(4.509 - 6.707) )	/ 2 )
	=	-9.116	/	( (7.585	+	-2.198)	/ 2 )
	=	-9.116	/	2.6935
	=	-338.44 %

Craftport Cannabis's ROCE % of for the quarter that ended in Sep. 2022 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2022 )		(Q: Jun. 2022 )		(Q: Sep. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2022 )		(Q: Jun. 2022 )		(Q: Sep. 2022 )
	=	-1.94	/	( ( (5.354 - 4.821)	+	(5.371 - 4.465) )	/ 2 )
	=	-1.94	/	( ( 0.533	+	0.906 )	/ 2 )
	=	-1.94	/	0.7195
	=	-269.63 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2022) EBIT data.

Craftport Cannabis (STU:BBW0) 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.

Craftport Cannabis ROCE % Related Terms

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Craftport Cannabis (STU:BBW0) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Craftport Cannabis Corp (STU:BBW0) » Definitions » ROCE %

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Address

4715 Paradise Valley Drive, Peachland, BC, CAN, V0H 1X3

Website

https://www.craftportcannabis.com

Craftport Cannabis Corp is a cannabis licensed producer based in British Columbia. The Company intends to focus on the Canadian premium craft cannabis recreational market by initially utilizing an asset light model. It intends to leverage legacy roots and know how in order to introduce unique genetics and strains to the Canadian market.

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