Vertex Resource Group (TSXV:VTX) ROCE % : -7.52% (As of Dec. 2024)

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What is Vertex Resource Group 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. Vertex Resource Group's annualized ROCE % for the quarter that ended in Dec. 2024 was -7.52%.

Vertex Resource Group ROCE % Historical Data

The historical data trend for Vertex Resource Group'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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Vertex Resource Group ROCE % Chart

Vertex Resource Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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0.16

5.23

7.15

7.70

3.62

Vertex Resource Group Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															2.71	1.92	7.73	10.70	-7.52

Vertex Resource Group ROCE % Calculation

Vertex Resource Group's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	6.004	/	( ( (244.769 - 69.17)	+	(217.456 - 61.417) )	/ 2 )
	=	6.004	/	( (175.599	+	156.039)	/ 2 )
	=	6.004	/	165.819
	=	3.62 %

Vertex Resource Group's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	-12.608	/	( ( (236.802 - 57.67)	+	(217.456 - 61.417) )	/ 2 )
	=	-12.608	/	( ( 179.132	+	156.039 )	/ 2 )
	=	-12.608	/	167.5855
	=	-7.52 %

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

Vertex Resource Group (TSXV:VTX) 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.

Vertex Resource Group ROCE % Related Terms

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Vertex Resource Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Vertex Resource Group Ltd (TSXV:VTX) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

VTXGF:USA

Address

161, 2055 Premier Way, Sherwood Park, AB, CAN, T8H 0G2

Website

https://www.vertex.ca

Vertex Resource Group Ltd is a provider of environmental services and solutions, offering a combination of consulting, field services, and modern equipment. With operations across Canada and the United States, Vertex's integrated environmental solutions support asset development, operations, decommissioning, and restoration in five North American sectors namely oil and gas, mining and industrial, utilities, agriculture, forestry, and government.

Executives

Sherry Ann Bielopotocky	Senior Officer
Paul Douglas Blenkhorn	Senior Officer
Howard Lynn Start	Senior Officer
Derek Jon Proctor	Deemed Insider - 6 Months before becoming Insider
Terry Allan Stephenson	10% Security Holder, Director, Senior Officer
32 Degrees Capital Advisor Ltd.	10 percent owner
Christopher Challis	Senior Officer
Jason John Clemett	10% Security Holder
Deon Walsh	Senior Officer
Imran Ashbeen Ally	Senior Officer
Michael Milan Zvonkovic	Senior Officer

Vertex Resource Group Headlines

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