The Limestone Boat Co (TSXV:BOAT.H) ROCE %: 0.00% (As of Dec. 2023)


What is The Limestone Boat Co ROCE %?

The Limestone Boat Co TSXV:BOAT.H ROCE % is 0.00% as of Dec. 2023.

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. The Limestone Boat Co's annualized ROCE % for the quarter that ended in Dec. 2023 was 0.00%.

The Limestone Boat Co  (TSXV:BOAT.H) 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.

The Limestone Boat Co ROCE % Related Terms

The Limestone Boat Co ROCE % Historical Data

* Premium members only.

The historical data trend for The Limestone Boat Co'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.

The Limestone Boat Co ROCE % Chart

The Limestone Boat Co Annual Data
Trend Dec20
ROCE %
-739.91

The Limestone Boat Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Jun23 Sep23 Dec23
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -40.71 -56.99 0.00 0.00 0.00

The Limestone Boat Co ROCE % Calculation

The Limestone Boat Co's annualized ROCE % for the fiscal year that ended in Dec. 2020 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2020 )  (A: . 20 )(A: Dec. 2020 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2020 )  (A: . 20 )(A: Dec. 2020 )
=/( ( ( - ) + ( - ) )/ )
=/( (+)/ )
=/
= %

The Limestone Boat Co's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=-3.912/( ( (3.381 - 22.494) + (4.448 - 24.645) )/ 2 )
=-3.912/( ( -19.113 + -20.197 )/ 2 )
=-3.912/-19.655
=0 %

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

* 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 0.00% mean?
The Limestone Boat Co (TSXV:BOAT.H) has a ROCE % of 0.00% as of Dec. 2023.
Is The Limestone Boat Co's ROCE % too high?
The Limestone Boat Co's current ROCE % is 0.00%.
How does The Limestone Boat Co's ROCE % compare to USLG and MCOM?
The Limestone Boat Co's ROCE % of 0.00% can be compared against companies in the Vehicles & Parts industry. The industry median ROCE % is 7.94. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Vehicles & Parts company?
The median ROCE % among Vehicles & Parts companies is 7.94, based on 1,319 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Vehicles & Parts industry, the median ROCE % is 7.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Limestone Boat Co's current ROCE % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Limestone Boat Co stock overvalued right now?
The Limestone Boat Co (TSXV:BOAT.H) has a current ROCE % of 0.00%. The current ROCE % is 0.00%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For The Limestone Boat Co (TSXV:BOAT.H), the current ROCE % is 0.00% as of Dec. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

The Limestone Boat Co Business Description

Address 64 Hurontario Street, Collingwood, ON, CAN, L9Y 2L6
The Limestone Boat Co Ltd is an owner and builder of Aquasport Boat, Limestone Boat, and Boca Bay boat brands. The company is backed by a large, skilled labor force and dealer partners throughout the United States and the Canadian Great Lakes Region.