Sunniva (XCNQ:SNN) ROCE % : -27.16% (As of Sep. 2019)

View and export this data going back to 2018. Start your Free Trial

What is Sunniva 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. Sunniva's annualized ROCE % for the quarter that ended in Sep. 2019 was -27.16%.

Sunniva ROCE % Historical Data

The historical data trend for Sunniva'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.

Sunniva ROCE % Chart

Sunniva Annual Data

Trend

Dec16

Dec17

Dec18

ROCE %

-45.53

-52.08

-34.36

Sunniva Quarterly Data
	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19
ROCE %	Get a 7-Day Free Trial								-26.09	-54.74	-12.58	-47.64	-27.16

Sunniva ROCE % Calculation

Sunniva's annualized ROCE % for the fiscal year that ended in Dec. 2018 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2018 )		(A: Dec. 2017 )		(A: Dec. 2018 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2018 )		(A: Dec. 2017 )		(A: Dec. 2018 )
	=	-28.403	/	( ( (74.907 - 15.739)	+	(125.32 - 19.16) )	/ 2 )
	=	-28.403	/	( (59.168	+	106.16)	/ 2 )
	=	-28.403	/	82.664
	=	-34.36 %

Sunniva's ROCE % of for the quarter that ended in Sep. 2019 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2019 )		(Q: Jun. 2019 )		(Q: Sep. 2019 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2019 )		(Q: Jun. 2019 )		(Q: Sep. 2019 )
	=	-28.064	/	( ( (139.974 - 28.786)	+	(129.886 - 34.452) )	/ 2 )
	=	-28.064	/	( ( 111.188	+	95.434 )	/ 2 )
	=	-28.064	/	103.311
	=	-27.16 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2019) EBIT data.

Sunniva (XCNQ:SNN) 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.

Sunniva ROCE % Related Terms

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

Sunniva Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Sunniva Inc (XCNQ:SNN) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

200 Burrard Street, 1200 Waterfront Centre, P.O Box 48600, Vancouver, BC, CAN, V7X 1T2

Website

https://www.sunniva.com

Sunniva Inc is vertically integrated medical cannabis company committed to delivering safe, low-cost, high-quality products and services at scale. The company is focused on the cultivation, production and distribution of therapeutic solutions targeting two of the medical cannabis markets in the world: Canada and California.

Executives

Mark Hamish Kimmins

Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)