RYAH Group (XCNQ:RYAH) ROCE % : 0.00% (As of Sep. 2022)

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What is RYAH Group 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. RYAH Group's annualized ROCE % for the quarter that ended in Sep. 2022 was 0.00%.

RYAH Group ROCE % Historical Data

The historical data trend for RYAH Group'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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RYAH Group ROCE % Chart

RYAH Group Annual Data

Trend

Dec20

Dec21

ROCE %

RYAH Group Quarterly Data
	Feb20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
ROCE %	Get a 7-Day Free Trial			-4,958.24	-	-	-	-

RYAH Group ROCE % Calculation

RYAH Group's annualized ROCE % for the fiscal year that ended in Dec. 2021 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2021 )		(A: Dec. 2020 )		(A: Dec. 2021 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2021 )		(A: Dec. 2020 )		(A: Dec. 2021 )
	=	-20.617	/	( ( (0.401 - 1.673)	+	(0.628 - 1.203) )	/ 2 )
	=	-20.617	/	( (-1.272	+	-0.575)	/ 2 )
	=	-20.617	/	-0.9235
	=	2,232.49 %

RYAH Group's ROCE % of for the quarter that ended in Sep. 2022 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2022 )		(Q: Jun. 2022 )		(Q: Sep. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2022 )		(Q: Jun. 2022 )		(Q: Sep. 2022 )
	=	-1.904	/	( ( (0.207 - 1.479)	+	(0.169 - 1.567) )	/ 2 )
	=	-1.904	/	( ( -1.272	+	-1.398 )	/ 2 )
	=	-1.904	/	-1.335
	=	0 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2022) EBIT data.

RYAH Group (XCNQ:RYAH) 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.

RYAH Group ROCE % Related Terms

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RYAH Group (XCNQ:RYAH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » RYAH Group Inc (XCNQ:RYAH) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

68 34TH STREET, SUITE B421, BROOKLYN, NY, USA, 11232

Website

https://www.ryahgroup.com

RYAH Group Inc is a data technology company in plant-based medicine. Its Artificial Intelligence platform aggregates and correlates HIPAA-compliant dosing data from seed to consumption. This helps the company to conduct predictive analyses to help doctors, researchers, and end-users create personalized dosing regimens that can accurately foresee patient outcomes. the company also provide other products which are smart inhaler system & smart patch system.

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