Eat & Beyond Global Holdings (XCNQ:EATS) ROCE % : -3,900.22% (As of Jul. 2024)

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What is Eat & Beyond Global Holdings 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. Eat & Beyond Global Holdings's annualized ROCE % for the quarter that ended in Jul. 2024 was -3,900.22%.

Eat & Beyond Global Holdings ROCE % Historical Data

The historical data trend for Eat & Beyond Global Holdings'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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Eat & Beyond Global Holdings ROCE % Chart

Eat & Beyond Global Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Jul23

Jul24

ROCE %

-120.26

-75.27

-281.08

-919.14

Eat & Beyond Global Holdings Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24
ROCE %	Get a 7-Day Free Trial													-341.80	1.96	-236.29	-56.92	-3,900.22

Eat & Beyond Global Holdings ROCE % Calculation

Eat & Beyond Global Holdings's annualized ROCE % for the fiscal year that ended in Jul. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jul. 2024 )		(A: Jul. 2023 )		(A: Jul. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jul. 2024 )		(A: Jul. 2023 )		(A: Jul. 2024 )
	=	-3.626	/	( ( (2.842 - 1.206)	+	(0.8 - 1.647) )	/ 2 )
	=	-3.626	/	( (1.636	+	-0.847)	/ 2 )
	=	-3.626	/	0.3945
	=	-919.14 %

Eat & Beyond Global Holdings's ROCE % of for the quarter that ended in Jul. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jul. 2024 )		(Q: Apr. 2024 )		(Q: Jul. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jul. 2024 )		(Q: Apr. 2024 )		(Q: Jul. 2024 )
	=	-9.068	/	( ( (2.617 - 1.305)	+	(0.8 - 1.647) )	/ 2 )
	=	-9.068	/	( ( 1.312	+	-0.847 )	/ 2 )
	=	-9.068	/	0.2325
	=	-3,900.22 %

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

Eat & Beyond Global Holdings (XCNQ:EATS) 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.

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Eat & Beyond Global Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Eat & Beyond Global Holdings Inc (XCNQ:EATS) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

EATBF:USA 988:Germany

Address

1055 West Hastings Street, Suite 1060, Guiness Tower, Vancouver, BC, CAN, V6Z 2E9

Website

https://www.eatandbeyond.com

Eat & Beyond Global Holdings Inc focuses on investments in the plant-based protein and meat alternative food industry. Its investments may include the acquisition of equity, debt or other securities of publicly traded or private companies or other entities or financing in exchange for pre-determined royalties or distributions and the acquisition of all or part of one or more businesses, portfolios or other assets.

Eat & Beyond Global Holdings Headlines

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