LDB Capital (TSXV:LDB.P) ROCE % : -38.10% (As of Aug. 2024)

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What is LDB 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. LDB Capital's annualized ROCE % for the quarter that ended in Aug. 2024 was -38.10%.

LDB Capital ROCE % Historical Data

The historical data trend for LDB 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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LDB Capital ROCE % Chart

LDB Capital Annual Data

Trend

Nov21

Nov22

Nov23

ROCE %

-76.27

-62.07

-49.57

LDB Capital Quarterly Data
	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24
ROCE %	Get a 7-Day Free Trial							-67.56	-71.96	-33.73	-76.71	-38.10

LDB Capital ROCE % Calculation

LDB Capital's annualized ROCE % for the fiscal year that ended in Nov. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Nov. 2023 )		(A: Nov. 2022 )		(A: Nov. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Nov. 2023 )		(A: Nov. 2022 )		(A: Nov. 2023 )
	=	-0.057	/	( ( (0.165 - 0.021)	+	(0.101 - 0.015) )	/ 2 )
	=	-0.057	/	( (0.144	+	0.086)	/ 2 )
	=	-0.057	/	0.115
	=	-49.57 %

LDB Capital's ROCE % of for the quarter that ended in Aug. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Aug. 2024 )		(Q: May. 2024 )		(Q: Aug. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Aug. 2024 )		(Q: May. 2024 )		(Q: Aug. 2024 )
	=	-0.024	/	( ( (0.086 - 0.02)	+	(0.065 - 0.005) )	/ 2 )
	=	-0.024	/	( ( 0.066	+	0.06 )	/ 2 )
	=	-0.024	/	0.063
	=	-38.10 %

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

LDB Capital (TSXV:LDB.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.

LDB Capital ROCE % Related Terms

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LDB Capital Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

West Hastings Street, Suite 2250-1055, Vancouver, BC, CAN, V6E 2E9

Website

LDB Capital Corp is a capital pool company. The Company has no source of operating revenue.

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