ECC Ventures 5 (TSXV:ECCV.P) ROCE % : -170.79% (As of Mar. 2024)

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What is ECC Ventures 5 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. ECC Ventures 5's annualized ROCE % for the quarter that ended in Mar. 2024 was -170.79%.

ECC Ventures 5 ROCE % Historical Data

The historical data trend for ECC Ventures 5'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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ECC Ventures 5 ROCE % Chart

ECC Ventures 5 Annual Data

Trend

Dec21

Dec22

Dec23

ROCE %

-77.05

-96.15

ECC Ventures 5 Quarterly Data
	Sep21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial					-67.61	-55.97	-165.96	-130.23	-170.79

ECC Ventures 5 ROCE % Calculation

ECC Ventures 5'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 )
	=	-0.1	/	( ( (0.181 - 0.027)	+	(0.066 - 0.012) )	/ 2 )
	=	-0.1	/	( (0.154	+	0.054)	/ 2 )
	=	-0.1	/	0.104
	=	-96.15 %

ECC Ventures 5's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	-0.076	/	( ( (0.066 - 0.012)	+	(0.047 - 0.012) )	/ 2 )
	=	-0.076	/	( ( 0.054	+	0.035 )	/ 2 )
	=	-0.076	/	0.0445
	=	-170.79 %

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

ECC Ventures 5 (TSXV:ECCV.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.

ECC Ventures 5 ROCE % Related Terms

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ECC Ventures 5 (TSXV:ECCV.P) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » ECC Ventures 5 Corp (TSXV:ECCV.P) » Definitions » ROCE %

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Traded in Other Exchanges

N/A

Address

1600 - 609 Granville Street, Vancouver, BC, CAN, V7Y 1C3

Website

ECC Ventures 5 Corp is a Canada-based capital pool company.

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