Jolt Health (FRA:L96) ROCE % : 0.00% (As of Sep. 2024)

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What is Jolt 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. Jolt Health's annualized ROCE % for the quarter that ended in Sep. 2024 was 0.00%.

Jolt Health ROCE % Historical Data

The historical data trend for Jolt 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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Jolt Health ROCE % Chart

Jolt Health Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Dec21

Dec22

Dec23

ROCE %

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-27.29

-1,096.91

-446.97

-559.56

Jolt Health Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															-35.85	-1,245.80	-10,472.73	-2,014.29	-

Jolt Health ROCE % Calculation

Jolt Health'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 )
	=	-0.512	/	( ( (0.57 - 0.3)	+	(0.254 - 0.341) )	/ 2 )
	=	-0.512	/	( (0.27	+	-0.087)	/ 2 )
	=	-0.512	/	0.0915
	=	-559.56 %

Jolt Health'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 )
	=	-0.184	/	( ( (0.437 - 0.479)	+	(0.428 - 0.516) )	/ 2 )
	=	-0.184	/	( ( -0.042	+	-0.088 )	/ 2 )
	=	-0.184	/	-0.065
	=	0 %

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

Jolt Health (FRA:L96) 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.

Jolt Health ROCE % Related Terms

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Jolt Health Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Jolt Health Inc (FRA:L96) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

L96:Germany JOLT:Canada

Address

355 Burrard Street, Suite 1780, Marine Building, Vancouver, BC, CAN, V6C 2G8

Website

https://www.love-pharma.com

Jolt Health Inc is a licensee of certain technologies relating to certain controlled substances and pharmaceutical-grade therapeutics. The company is investigating business opportunities in other industries however has not reached a definitive decision to pursue alternative lines of business.

Jolt Health Headlines

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