VRTHF (Indigenous Bloom Hemp) ROCE %: 0.00% (As of Feb. 2023)


What is Indigenous Bloom Hemp ROCE %?

Indigenous Bloom Hemp VRTHF -99.93% ROCE % is 0.00% as of Feb. 2023.

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. Indigenous Bloom Hemp's annualized ROCE % for the quarter that ended in Feb. 2023 was 0.00%.

Indigenous Bloom Hemp  (OTCPK:VRTHF) 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.

Indigenous Bloom Hemp ROCE % Related Terms

Indigenous Bloom Hemp ROCE % Historical Data

* Premium members only.

The historical data trend for Indigenous Bloom Hemp'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.

Indigenous Bloom Hemp ROCE % Chart

Indigenous Bloom Hemp Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 May22
ROCE %
Get a 7-Day Free Trial Premium Member Only -335.86 -155.04 0.00 0.00 0.00

Indigenous Bloom Hemp Quarterly Data
Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Nov21 Feb22 May22 Aug22 Feb23
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 0.00 0.00 0.00 0.00 0.00

Indigenous Bloom Hemp ROCE % Calculation

Indigenous Bloom Hemp's annualized ROCE % for the fiscal year that ended in May. 2022 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: May. 2022 )  (A: Apr. 2021 )(A: May. 2022 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: May. 2022 )  (A: Apr. 2021 )(A: May. 2022 )
=-1.775/( ( (0.001 - 1.036) + (0.591 - 2.149) )/ 2 )
=-1.775/( (-1.035+-1.558)/ 2 )
=-1.775/-1.2965
=136.91 %

Indigenous Bloom Hemp's ROCE % of for the quarter that ended in Feb. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Feb. 2023 )  (Q: Aug. 2022 )(Q: Feb. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Feb. 2023 )  (Q: Aug. 2022 )(Q: Feb. 2023 )
=-0.152/( ( (0.484 - 2.454) + (0.417 - 2.47) )/ 2 )
=-0.152/( ( -1.97 + -2.053 )/ 2 )
=-0.152/-2.0115
=0 %

(1) Note: The EBIT data used here is four times the quarterly (Feb. 2023) 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 0.00% mean?
Indigenous Bloom Hemp (VRTHF) has a ROCE % of 0.00% as of Feb. 2023.
Is Indigenous Bloom Hemp's ROCE % too high?
Indigenous Bloom Hemp's current ROCE % is 0.00%.
How does Indigenous Bloom Hemp's ROCE % compare to ZTS?
Indigenous Bloom Hemp's ROCE % of 0.00% can be compared against companies in the Drug Manufacturers industry. The industry median ROCE % is 7.00. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Drug Manufacturers company?
The median ROCE % among Drug Manufacturers companies is 7.00, based on 958 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Drug Manufacturers industry, the median ROCE % is 7.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indigenous Bloom Hemp's current ROCE % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indigenous Bloom Hemp stock overvalued right now?
Indigenous Bloom Hemp (VRTHF) has a current ROCE % of 0.00%. The current ROCE % is 0.00%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Indigenous Bloom Hemp (VRTHF), the current ROCE % is 0.00% as of Feb. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Indigenous Bloom Hemp Business Description

Address c/o 3200 650 West Georgia Street, Vancouver, BC, CAN, V6B 4P7
Indigenous Bloom Hemp Corp is in business to produce and sell hemp extracts.