Pentagon I Capital (TSXV:PNTI.P) ROCE % : -13.86% (As of Mar. 2024)

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What is Pentagon I 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. Pentagon I Capital's annualized ROCE % for the quarter that ended in Mar. 2024 was -13.86%.

Pentagon I Capital ROCE % Historical Data

The historical data trend for Pentagon I 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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Pentagon I Capital ROCE % Chart

Pentagon I Capital Annual Data

Trend

Dec21

Dec22

Dec23

ROCE %

-66.67

-24.19

Pentagon I Capital Quarterly Data
	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial				-10.94	-63.25	-13.24	-7.77	-13.86

Pentagon I Capital ROCE % Calculation

Pentagon I Capital'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 )
	=	-0.056	/	( ( (0.323 - 0.064)	+	(0.219 - 0.015) )	/ 2 )
	=	-0.056	/	( (0.259	+	0.204)	/ 2 )
	=	-0.056	/	0.2315
	=	-24.19 %

Pentagon I Capital'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 )
	=	-0.028	/	( ( (0.219 - 0.015)	+	(0.214 - 0.014) )	/ 2 )
	=	-0.028	/	( ( 0.204	+	0.2 )	/ 2 )
	=	-0.028	/	0.202
	=	-13.86 %

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

Pentagon I Capital (TSXV:PNTI.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.

Pentagon I Capital ROCE % Related Terms

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Pentagon I Capital (TSXV:PNTI.P) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

18 King Street East, Suite 902, Toronto, ON, CAN, M5C 1C4

Website

Pentagon I Capital Corp is a capital pool company.

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