Chicane Capital II (TSXV:CHII.P) ROCE % : 43.84% (As of Oct. 2024)

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What is Chicane Capital II 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. Chicane Capital II's annualized ROCE % for the quarter that ended in Oct. 2024 was 43.84%.

Chicane Capital II ROCE % Historical Data

The historical data trend for Chicane Capital II'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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Chicane Capital II ROCE % Chart

Chicane Capital II Annual Data

Trend

Jan24

ROCE %

Chicane Capital II Quarterly Data
	Jul23	Apr24	Jul24	Oct24
ROCE %	-	-571.43	-145.12	43.84

Chicane Capital II ROCE % Calculation

Chicane Capital II's annualized ROCE % for the fiscal year that ended in Jan. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jan. 2024 )		(A: . 20 )		(A: Jan. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jan. 2024 )		(A: . 20 )		(A: Jan. 2024 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

Chicane Capital II's ROCE % of for the quarter that ended in Oct. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Oct. 2024 )		(Q: Jul. 2024 )		(Q: Oct. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Oct. 2024 )		(Q: Jul. 2024 )		(Q: Oct. 2024 )
	=	0.08	/	( ( (0.266 - 0.086)	+	(0.207 - 0.022) )	/ 2 )
	=	0.08	/	( ( 0.18	+	0.185 )	/ 2 )
	=	0.08	/	0.1825
	=	43.84 %

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

Chicane Capital II (TSXV:CHII.P) 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.

Chicane Capital II ROCE % Related Terms

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Chicane Capital II Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Chicane Capital II Corp (TSXV:CHII.P) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

100 King Street West, Suite 3400, 1 First Canadian Place, Toronto, ON, CAN, M5X 1A4

Website

Chicane Capital II Corp is a capital pool company.

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