Flow Beverage (TSX:FLOW) ROCE % : -111.67% (As of Jul. 2024)

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What is Flow Beverage 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. Flow Beverage's annualized ROCE % for the quarter that ended in Jul. 2024 was -111.67%.

Flow Beverage ROCE % Historical Data

The historical data trend for Flow Beverage'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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Flow Beverage ROCE % Chart

Flow Beverage Annual Data

Trend

Jun17

Jun18

Jun19

Jun20

Oct21

Oct22

Oct23

ROCE %

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-133.33

-117.05

-57.64

-110.23

Flow Beverage Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24
ROCE %	Get a 7-Day Free Trial															-193.56	-199.52	-220.57	-89.59	-111.67

Flow Beverage ROCE % Calculation

Flow Beverage's annualized ROCE % for the fiscal year that ended in Oct. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Oct. 2023 )		(A: Oct. 2022 )		(A: Oct. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Oct. 2023 )		(A: Oct. 2022 )		(A: Oct. 2023 )
	=	-39.652	/	( ( (82.338 - 32.261)	+	(54.936 - 33.068) )	/ 2 )
	=	-39.652	/	( (50.077	+	21.868)	/ 2 )
	=	-39.652	/	35.9725
	=	-110.23 %

Flow Beverage's ROCE % of for the quarter that ended in Jul. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jul. 2024 )		(Q: Apr. 2024 )		(Q: Jul. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jul. 2024 )		(Q: Apr. 2024 )		(Q: Jul. 2024 )
	=	-18.108	/	( ( (57.475 - 37.861)	+	(60.326 - 47.509) )	/ 2 )
	=	-18.108	/	( ( 19.614	+	12.817 )	/ 2 )
	=	-18.108	/	16.2155
	=	-111.67 %

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

Flow Beverage (TSX:FLOW) 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.

Flow Beverage ROCE % Related Terms

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Flow Beverage Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Flow Beverage Corp (TSX:FLOW) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

FLWBF:USA

Address

155 Industrial Parkway South, Unit 7-10, Aurora, ON, CAN, L4G 3G6

Website

https://www.flowhydration.com

Flow Beverage Corp is a health and wellness-focused beverage company at the convergence of three important trends in the consumer-packaged goods industry including, functional ingredients, sustainable packaging and supply chain and premium quality. It markets its premium alkaline spring water in Canada and the United States in original unflavoured and a range of organic flavors in various sizes. The company generates majority of its revenue from sale of packaged water and also provides Co-packing services. Geographically, majority of its revenue is generated from its business in Canada.

Executives

Stephen A. Smith

Director