Mary Agrotechnologies (XCNQ:MARY) ROCE % : 0.00% (As of Dec. 2024)

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What is Mary Agrotechnologies 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. Mary Agrotechnologies's annualized ROCE % for the quarter that ended in Dec. 2024 was 0.00%.

Mary Agrotechnologies ROCE % Historical Data

The historical data trend for Mary Agrotechnologies'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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Mary Agrotechnologies ROCE % Chart

Mary Agrotechnologies Annual Data

Trend

Sep20

Sep21

Sep22

Sep23

Sep24

ROCE %

-494.39

-128.20

-90.86

-155.13

-909.80

Mary Agrotechnologies Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															-615.00	-	-	-	-

Mary Agrotechnologies ROCE % Calculation

Mary Agrotechnologies's annualized ROCE % for the fiscal year that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Sep. 2024 )		(A: Sep. 2023 )		(A: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Sep. 2024 )		(A: Sep. 2023 )		(A: Sep. 2024 )
	=	-0.232	/	( ( (0.262 - 0.121)	+	(0.021 - 0.111) )	/ 2 )
	=	-0.232	/	( (0.141	+	-0.09)	/ 2 )
	=	-0.232	/	0.0255
	=	-909.80 %

Mary Agrotechnologies's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	-0.104	/	( ( (0.021 - 0.111)	+	(0.005 - 0.12) )	/ 2 )
	=	-0.104	/	( ( -0.09	+	-0.115 )	/ 2 )
	=	-0.104	/	-0.1025
	=	0 %

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

Mary Agrotechnologies (XCNQ:MARY) 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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Mary Agrotechnologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Mary Agrotechnologies Inc (XCNQ:MARY) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

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Address

115 Apple Creek Boulevard, Unit 3 and 4, Markham, ON, CAN, L3R 6C9

Website

https://www.mary.ag

Mary Agrotechnologies Inc is a data-driven agriculture technology company. The primary business activity of the Company is to produce the fully automated plant-growing device managed and controlled by an artificially intelligent algorithm, allowing consumers to grow their herbs and vegetables effortlessly from seed to plant while providing optimal conditions to assure premium quality produce year-round. The Company operates mainly in the fields of development and distribution of home-growing automated machines and commercial containers for a variety of herbs and vegetables.

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