Lophos Holdings (XCNQ:MESC) ROCE % : -87.08% (As of Mar. 2024)

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What is Lophos 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. Lophos Holdings's annualized ROCE % for the quarter that ended in Mar. 2024 was -87.08%.

Lophos Holdings ROCE % Historical Data

The historical data trend for Lophos 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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Lophos Holdings ROCE % Chart

Lophos Holdings Annual Data

Trend

Mar22

Mar23

Mar24

ROCE %

-21.14

-43.19

Lophos Holdings Quarterly Data
	Dec21	Mar22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial				-27.45	-38.91	-27.21	-19.08	-87.08

Lophos Holdings ROCE % Calculation

Lophos Holdings's annualized ROCE % for the fiscal year that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	-1.078	/	( ( (3.98 - 0.467)	+	(3.9 - 2.421) )	/ 2 )
	=	-1.078	/	( (3.513	+	1.479)	/ 2 )
	=	-1.078	/	2.496
	=	-43.19 %

Lophos Holdings's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	-1.392	/	( ( (4.137 - 2.419)	+	(3.9 - 2.421) )	/ 2 )
	=	-1.392	/	( ( 1.718	+	1.479 )	/ 2 )
	=	-1.392	/	1.5985
	=	-87.08 %

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

Lophos Holdings (XCNQ:MESC) 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.

Lophos Holdings ROCE % Related Terms

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Lophos Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Lophos Holdings Inc (XCNQ:MESC) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1111 Melville Street, Suite 620, Vancouver, BC, CAN, V6E 3V6

Website

Lophos Holdings Inc is engaged in the y is the cultivation of peyote and the manufacture of Lophophora compounds, including Mescaline, as well as formulation of novel Lophophora-based compounds.

Executives

John Ioannis Karagiannidis	Director
Evan Stawnyczy	Director

Lophos Holdings Headlines

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