Gnomestar Craft (Gnomestar Craft) ROCE % : 0.00% (As of Dec. 2021)

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What is Gnomestar Craft 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. Gnomestar Craft's annualized ROCE % for the quarter that ended in Dec. 2021 was 0.00%.

Gnomestar Craft ROCE % Historical Data

The historical data trend for Gnomestar Craft'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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Gnomestar Craft ROCE % Chart

Gnomestar Craft Annual Data

Trend

Jun12

Jun13

Jun14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

ROCE %

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-255.04

-151.33

-593.24

Gnomestar Craft Quarterly Data
	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21
ROCE %	Get a 7-Day Free Trial															-	-	-	-	-

Gnomestar Craft ROCE % Calculation

Gnomestar Craft's annualized ROCE % for the fiscal year that ended in Mar. 2021 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2021 )		(A: Mar. 2020 )		(A: Mar. 2021 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2021 )		(A: Mar. 2020 )		(A: Mar. 2021 )
	=	-0.654	/	( ( (1.034 - 1.706)	+	(0.97 - 1.877) )	/ 2 )
	=	-0.654	/	( (-0.672	+	-0.907)	/ 2 )
	=	-0.654	/	-0.7895
	=	82.84 %

Gnomestar Craft's ROCE % of for the quarter that ended in Dec. 2021 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2021 )		(Q: Sep. 2021 )		(Q: Dec. 2021 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2021 )		(Q: Sep. 2021 )		(Q: Dec. 2021 )
	=	-0.316	/	( ( (0.933 - 2.063)	+	(0.874 - 2.196) )	/ 2 )
	=	-0.316	/	( ( -1.13	+	-1.322 )	/ 2 )
	=	-0.316	/	-1.226
	=	0 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2021) EBIT data.

Gnomestar Craft (OTCPK:VDQSF) 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.

Gnomestar Craft ROCE % Related Terms

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Gnomestar Craft (Gnomestar Craft) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Gnomestar Craft Inc (OTCPK:VDQSF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

8778 River Road, Delta, BC, CAN, V4G 1B5

Website

https://gnomestarcannabis.com

Gnomestar Craft Inc, formerly Vodis Pharmaceuticals Inc is engaged in the manufacturing of craft cannabis. The company's facility is situated in Delta, British Columbia, Canada. The business operates in one segment being the marijuana industry, and all assets are located in Canada.The firm sells certain cannabis products for medical and recreational use to certain companies in Canada who are licensed for cultivation, processing and sell dried cannabis products.

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