Humble & Fume (XCNQ:HMBL) ROCE % : -157.22% (As of Jun. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Humble & Fume 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. Humble & Fume's annualized ROCE % for the quarter that ended in Jun. 2023 was -157.22%.

Humble & Fume ROCE % Historical Data

The historical data trend for Humble & Fume'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.

* Premium members only.

Humble & Fume ROCE % Chart

Humble & Fume Annual Data

Trend

Jul19

Jun20

Jun21

Jun22

Jun23

ROCE %

-670.17

-49.50

-53.83

-99.65

Humble & Fume Quarterly Data
	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Sep21	Dec21	Mar22	Jun22	Dec22	Mar23	Jun23
ROCE %	Get a 7-Day Free Trial										-29.55	-100.92	-92.97	-58.33	-157.22

Humble & Fume ROCE % Calculation

Humble & Fume's annualized ROCE % for the fiscal year that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	-23.964	/	( ( (36.456 - 8.21)	+	(28.152 - 8.304) )	/ 2 )
	=	-23.964	/	( (28.246	+	19.848)	/ 2 )
	=	-23.964	/	24.047
	=	-99.65 %

Humble & Fume's ROCE % of for the quarter that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2023 )		(Q: Mar. 2023 )		(Q: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2023 )		(Q: Mar. 2023 )		(Q: Jun. 2023 )
	=	-36.436	/	( ( (35.461 - 8.96)	+	(28.152 - 8.304) )	/ 2 )
	=	-36.436	/	( ( 26.501	+	19.848 )	/ 2 )
	=	-36.436	/	23.1745
	=	-157.22 %

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

Humble & Fume (XCNQ:HMBL) 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.

Humble & Fume ROCE % Related Terms

Thank you for viewing the detailed overview of Humble & Fume's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Humble & Fume (XCNQ:HMBL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » Humble & Fume Inc (XCNQ:HMBL) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

HUMBF:USA

Address

1 Eva Road, Suite 416, Etobicoke, ON, CAN, M9C 4Z5

Website

https://www.humbleandfume.com

Humble & Fume Inc is a cannabis distribution solution providing customer-centric services and accessories. It is a fully integrated cannabis distribution solution for retailers, Canadian licensed cannabis producers, American multi-state operators, and cannabis customers. Its products include Amethyst Crystal Pipe, Invincipole Replacement Screens, Replacement Bowl Screens, Invincipole Aluminum & Steel Downstem, MouthPeace Filter Refill Display, MouthPeace Full Kit Display, Unbleached Pure Wood Cones, Blend Unbleached Pure Hemp & Flax Cones among others. The firm operates in the segment in two geographical locations: Canada and the USA of which it generates substantial revenue from the USA.

Executives