Copland Road Capital (XCNQ:CRCC) ROCE % : -17.91% (As of Sep. 2024)

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What is Copland Road Capital 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. Copland Road Capital's annualized ROCE % for the quarter that ended in Sep. 2024 was -17.91%.

Copland Road Capital ROCE % Historical Data

The historical data trend for Copland Road Capital'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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Copland Road Capital ROCE % Chart

Copland Road Capital Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-72.69

-361.21

-51.14

-25.30

Copland Road Capital Quarterly Data
	Oct19	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															-16.80	-25.66	-15.32	-15.92	-17.91

Copland Road Capital ROCE % Calculation

Copland Road Capital'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 )
	=	-0.276	/	( ( (0.974 - 0.149)	+	(2.251 - 0.894) )	/ 2 )
	=	-0.276	/	( (0.825	+	1.357)	/ 2 )
	=	-0.276	/	1.091
	=	-25.30 %

Copland Road Capital'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 )
	=	-0.22	/	( ( (1.273 - 0.017)	+	(1.226 - 0.025) )	/ 2 )
	=	-0.22	/	( ( 1.256	+	1.201 )	/ 2 )
	=	-0.22	/	1.2285
	=	-17.91 %

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

Copland Road Capital (XCNQ:CRCC) 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.

Copland Road Capital ROCE % Related Terms

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Copland Road Capital Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Copland Road Capital Corp (XCNQ:CRCC) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

217 Queen Street West, Suite 401, Toronto, ON, CAN, M5V 0R2

Website

https://www.copland-road.com

Copland Road Capital Corp is a Canadian company. Its principal business is to effect mergers, arrangements, reverse takeover transactions and other corporate transactions with other entities with a view to providing liquidity to the owners of such entities in connection with go public transactions.

Executives

Scott Kelly	10% Security Holder, Director
J. Bruce Langstaff	Director

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