Stock Trend Capital (XCNQ:PUMP) ROCE % : -15.07% (As of Jan. 2024)

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What is Stock Trend 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. Stock Trend Capital's annualized ROCE % for the quarter that ended in Jan. 2024 was -15.07%.

Stock Trend Capital ROCE % Historical Data

The historical data trend for Stock Trend 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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Stock Trend Capital ROCE % Chart

Stock Trend Capital Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Apr19

Apr20

Apr21

Apr22

Apr23

ROCE %

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-37.75

-209.26

-18.87

-93.27

-40.98

Stock Trend Capital Quarterly Data
	Mar19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
ROCE %	Get a 7-Day Free Trial															-59.49	-29.39	-15.28	-39.80	-15.07

Stock Trend Capital ROCE % Calculation

Stock Trend Capital's annualized ROCE % for the fiscal year that ended in Apr. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Apr. 2023 )		(A: Apr. 2022 )		(A: Apr. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Apr. 2023 )		(A: Apr. 2022 )		(A: Apr. 2023 )
	=	-1.193	/	( ( (3.744 - 0.216)	+	(2.423 - 0.129) )	/ 2 )
	=	-1.193	/	( (3.528	+	2.294)	/ 2 )
	=	-1.193	/	2.911
	=	-40.98 %

Stock Trend Capital's ROCE % of for the quarter that ended in Jan. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jan. 2024 )		(Q: Oct. 2023 )		(Q: Jan. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jan. 2024 )		(Q: Oct. 2023 )		(Q: Jan. 2024 )
	=	-0.392	/	( ( (2.776 - 0.2)	+	(2.794 - 0.167) )	/ 2 )
	=	-0.392	/	( ( 2.576	+	2.627 )	/ 2 )
	=	-0.392	/	2.6015
	=	-15.07 %

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

Stock Trend Capital (XCNQ:PUMP) 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.

Stock Trend Capital ROCE % Related Terms

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Stock Trend Capital (XCNQ:PUMP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Stock Trend Capital Inc (XCNQ:PUMP) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

STOCF:USA P0G:Germany

Address

217 Queen Street West, Suite 301, Toronto, BC, CAN, M5V 0R2

Website

https://www.stocktrend.com

Stock Trend Capital Inc is an investment company mainly focused on the Canadian cannabis and cannabis-related industries. The firm's primary objective is to invest its funds for the purposes of generating returns from capital appreciation and investment income.