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Zedcor (TSXV:ZDC) ROCE % : 5.95% (As of Sep. 2024)


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What is Zedcor 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. Zedcor's annualized ROCE % for the quarter that ended in Sep. 2024 was 5.95%.


Zedcor ROCE % Historical Data

The historical data trend for Zedcor'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.

* Premium members only.

Zedcor ROCE % Chart

Zedcor Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -13.06 4.88 7.72 25.75 14.25

Zedcor Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.03 -5.04 0.52 18.63 5.95

Zedcor ROCE % Calculation

Zedcor'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 )
=4.185/( ( (32.578 - 7.379) + (42.971 - 9.451) )/ 2 )
=4.185/( (25.199+33.52)/ 2 )
=4.185/29.3595
=14.25 %

Zedcor's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Sep. 2024 )  (Q: Jun. 2024 )(Q: Sep. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2024 )  (Q: Jun. 2024 )(Q: Sep. 2024 )
=2.804/( ( (59.579 - 11.903) + (59.288 - 12.693) )/ 2 )
=2.804/( ( 47.676 + 46.595 )/ 2 )
=2.804/47.1355
=5.95 %

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

* 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.


Zedcor  (TSXV:ZDC) 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.


Zedcor ROCE % Related Terms

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Zedcor Business Description

Traded in Other Exchanges
Address
151 Canada Olympic Road SW, Suite 300, Calgary, AB, CAN, T3B 6B7
Zedcor Inc is engaged in providing security & surveillance services, and rental of surface equipment & accommodations in Western Canada. The company operates in one segment namely, Security & Surveillance. The firm offers three main services to customers across all market segments such as surveillance and live monitoring through its proprietary MobileyeZ security towers; surveillance and live monitoring of fixed site locations; and security personnel.
Executives
Kyle Jay Cammann Doenz Senior Officer
Antonio Ciarla Senior Officer
Dean Sylvan Swanberg 10% Security Holder, Director, Senior Officer
Jan Marie Campbell Senior Officer
James Joseph Leganchuk Senior Officer
Todd Ziniuk Senior Officer
Amin Nazamuddin Ladha Senior Officer
Dean Myles Shillington Director
Brian Desmond Mcgill Director
Wade Robert Arthur Felesky Director

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