St. Davids Capital (TSXV:SDCI.P) ROCE % : -270.97% (As of Feb. 2024)

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What is St. Davids 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. St. Davids Capital's annualized ROCE % for the quarter that ended in Feb. 2024 was -270.97%.

St. Davids Capital ROCE % Historical Data

The historical data trend for St. Davids 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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St. Davids Capital ROCE % Chart

St. Davids Capital Annual Data

Trend

Aug21

Aug22

Aug23

ROCE %

-17.72

-106.83

St. Davids Capital Quarterly Data
	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
ROCE %	Get a 7-Day Free Trial					-51.38	-28.43	-223.78	-62.92	-270.97

St. Davids Capital ROCE % Calculation

St. Davids Capital's annualized ROCE % for the fiscal year that ended in Aug. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Aug. 2023 )		(A: Aug. 2022 )		(A: Aug. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Aug. 2023 )		(A: Aug. 2022 )		(A: Aug. 2023 )
	=	-0.086	/	( ( (0.234 - 0.121)	+	(0.085 - 0.037) )	/ 2 )
	=	-0.086	/	( (0.113	+	0.048)	/ 2 )
	=	-0.086	/	0.0805
	=	-106.83 %

St. Davids Capital's ROCE % of for the quarter that ended in Feb. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Feb. 2024 )		(Q: Nov. 2023 )		(Q: Feb. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Feb. 2024 )		(Q: Nov. 2023 )		(Q: Feb. 2024 )
	=	-0.084	/	( ( (0.082 - 0.041)	+	(0.06 - 0.039) )	/ 2 )
	=	-0.084	/	( ( 0.041	+	0.021 )	/ 2 )
	=	-0.084	/	0.031
	=	-270.97 %

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

St. Davids Capital (TSXV:SDCI.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.

St. Davids Capital ROCE % Related Terms

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St. Davids Capital (TSXV:SDCI.P) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » St. Davids Capital Inc (TSXV:SDCI.P) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

77 King Steet West, Suite 3000, PO Box 95, TD Centre North Tower, Toronto, ON, CAN, M5K 1G8

Website

St. Davids Capital Inc is a capital pool company.

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