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Vodka Brands (Vodka Brands) ROCE % : 0.00% (As of Dec. 2018)


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What is Vodka Brands 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. Vodka Brands's annualized ROCE % for the quarter that ended in Dec. 2018 was 0.00%.


Vodka Brands ROCE % Historical Data

The historical data trend for Vodka Brands'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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Vodka Brands ROCE % Chart

Vodka Brands Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18
ROCE %
-45.10 -186.77 -506.67 - -

Vodka Brands Quarterly Data
Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Dec17 Dec18
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 -1,037.50 -914.29 -300.00 -1,462.07 -

Vodka Brands ROCE % Calculation

Vodka Brands's annualized ROCE % for the fiscal year that ended in Dec. 2018 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2018 )  (A: Dec. 2017 )(A: Dec. 2018 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2018 )  (A: Dec. 2017 )(A: Dec. 2018 )
=-0.096/( ( (0.201 - 0.209) + (0.2 - 0.304) )/ 2 )
=-0.096/( (-0.008+-0.104)/ 2 )
=-0.096/-0.056
=171.43 %

Vodka Brands's ROCE % of for the quarter that ended in Dec. 2018 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2018 )  (Q: Dec. 2017 )(Q: Dec. 2018 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2018 )  (Q: Dec. 2017 )(Q: Dec. 2018 )
=-0.084/( ( (0.201 - 0.209) + (0.2 - 0.304) )/ 2 )
=-0.084/( ( -0.008 + -0.104 )/ 2 )
=-0.084/-0.056
=0 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2018) 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.


Vodka Brands  (OTCPK:VDKB) 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.


Vodka Brands ROCE % Related Terms

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Vodka Brands (Vodka Brands) Business Description

Traded in Other Exchanges
N/A
Address
510 Roslyn Place, Pittsburgh, PA, USA, 15232
Vodka Brands Corp is engaged in the business of developing, marketing, importing, and distributing vodka products. The company markets and sells its products under the Blue diamond and Diamond girl brand names. Its products are sold to wholesale distributors as well as state alcohol beverage control products in the U.S.