Tattooed Chef (STU:F7M) ROCE % : -70.69% (As of Mar. 2023)

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What is Tattooed Chef 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. Tattooed Chef's annualized ROCE % for the quarter that ended in Mar. 2023 was -70.69%.

Tattooed Chef ROCE % Historical Data

The historical data trend for Tattooed Chef'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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Tattooed Chef ROCE % Chart

Tattooed Chef Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

ROCE %

50.18

24.06

-17.43

-85.10

Tattooed Chef Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
ROCE %	Get a 7-Day Free Trial										-35.89	-56.41	-90.51	-151.27	-70.69

Tattooed Chef ROCE % Calculation

Tattooed Chef's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	-131.874	/	( ( (237.972 - 36.966)	+	(197.076 - 88.144) )	/ 2 )
	=	-131.874	/	( (201.006	+	108.932)	/ 2 )
	=	-131.874	/	154.969
	=	-85.10 %

Tattooed Chef's ROCE % of for the quarter that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2023 )		(Q: Dec. 2022 )		(Q: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2023 )		(Q: Dec. 2022 )		(Q: Mar. 2023 )
	=	-70.436	/	( ( (197.076 - 88.144)	+	(177.741 - 87.385) )	/ 2 )
	=	-70.436	/	( ( 108.932	+	90.356 )	/ 2 )
	=	-70.436	/	99.644
	=	-70.69 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2023) EBIT data.

Tattooed Chef (STU:F7M) 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.

Tattooed Chef ROCE % Related Terms

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Tattooed Chef (STU:F7M) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Tattooed Chef Inc (STU:F7M) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

6305 Alondra Boulevard, Paramount, CA, USA, 90723

Website

https://www.tattooedchef.com

Tattooed Chef Inc is a plant-based food company offering a broad portfolio of innovative frozen foods. The company supplies plant-based products to leading retailers in the United States, with signature products such as ready-to-cook bowls, zucchini spirals, riced cauliflower, acai and smoothie bowls, cauliflower crust pizza, wood fire-crusted pizza, handheld burritos, bars, and quesadillas.

Tattooed Chef (STU:F7M) Headlines

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