The Tinley Beverage Co (XCNQ:TNY) ROCE % : -155.65% (As of Mar. 2024)

View and export this data going back to 2005. Start your Free Trial

What is The Tinley Beverage Co 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. The Tinley Beverage Co's annualized ROCE % for the quarter that ended in Mar. 2024 was -155.65%.

The Tinley Beverage Co ROCE % Historical Data

The historical data trend for The Tinley Beverage Co'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.

The Tinley Beverage Co ROCE % Chart

The Tinley Beverage Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

-74.30

-67.05

-100.68

-95.92

-133.34

The Tinley Beverage Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															-95.78	8.98	-239.81	-227.05	-155.65

The Tinley Beverage Co ROCE % Calculation

The Tinley Beverage Co's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	-3.821	/	( ( (7.087 - 2.265)	+	(4.019 - 3.11) )	/ 2 )
	=	-3.821	/	( (4.822	+	0.909)	/ 2 )
	=	-3.821	/	2.8655
	=	-133.34 %

The Tinley Beverage Co'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 )
	=	-2.432	/	( ( (4.019 - 3.11)	+	(4.648 - 2.432) )	/ 2 )
	=	-2.432	/	( ( 0.909	+	2.216 )	/ 2 )
	=	-2.432	/	1.5625
	=	-155.65 %

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

The Tinley Beverage Co (XCNQ:TNY) 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.

The Tinley Beverage Co ROCE % Related Terms

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

The Tinley Beverage Co (XCNQ:TNY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » The Tinley Beverage Co Inc (XCNQ:TNY) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

TNYBF:USA T27:Germany

Address

181 Bay Street, Suite 1800, TD Centre, Toronto, ON, CAN, M5J 2T9

Website

https://www.drinktinley.com

The Tinley Beverage Co Inc is a beverage company. It manufactures a line of liquor-inspired, non-alcoholic, non-cannabis-infused beverages, which are available in retail locations in the United States and parts of Canada. The Company also manufactures cannabis-infused beverages for contract manufacturing clients. It also manufactures the TinleyTM Tonics and TinleyTM 27 line of products. Some of its products include High Horse; Stone Dasiy; Coconut Cask; Almond Cask; Flying Mule and others.

Executives

Foundation Opportunities Inc.) Fmi Capital Advisory Inc. (formerly

Senior Officer

The Tinley Beverage Co (XCNQ:TNY) Headlines

No Headlines