Fife Capital (TSXV:FFC.P) ROCE % : -23.53% (As of Oct. 2024)

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What is Fife Capital 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. Fife Capital's annualized ROCE % for the quarter that ended in Oct. 2024 was -23.53%.

Fife Capital ROCE % Historical Data

The historical data trend for Fife Capital'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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Fife Capital ROCE % Chart

Fife Capital Annual Data

Trend

Jul21

Jul22

Jul23

Jul24

ROCE %

-18.88

-21.51

-25.63

Fife Capital Quarterly Data
	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24
ROCE %	Get a 7-Day Free Trial											-18.23	-10.50	-26.37	-45.65	-23.53

Fife Capital ROCE % Calculation

Fife Capital's annualized ROCE % for the fiscal year that ended in Jul. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jul. 2024 )		(A: Jul. 2023 )		(A: Jul. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jul. 2024 )		(A: Jul. 2023 )		(A: Jul. 2024 )
	=	-0.046	/	( ( (0.216 - 0.014)	+	(0.171 - 0.014) )	/ 2 )
	=	-0.046	/	( (0.202	+	0.157)	/ 2 )
	=	-0.046	/	0.1795
	=	-25.63 %

Fife Capital'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 )
	=	-0.036	/	( ( (0.171 - 0.014)	+	(0.163 - 0.014) )	/ 2 )
	=	-0.036	/	( ( 0.157	+	0.149 )	/ 2 )
	=	-0.036	/	0.153
	=	-23.53 %

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

Fife Capital (TSXV:FFC.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.

Fife Capital ROCE % Related Terms

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Fife Capital Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Fife Capital Corp (TSXV:FFC.P) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

595 Burrard Street, Suite 1703, Vancouver, BC, CAN, V7X 1J1

Website

https://www.fifecapital.com.au

Fife Capital Corp is a a capital pool company.

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