YourWay Cannabis Brands (YourWay Cannabis Brands) ROCE % : 24.62% (As of Sep. 2021)

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What is YourWay Cannabis Brands 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. YourWay Cannabis Brands's annualized ROCE % for the quarter that ended in Sep. 2021 was 24.62%.

YourWay Cannabis Brands ROCE % Historical Data

The historical data trend for YourWay Cannabis Brands'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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YourWay Cannabis Brands ROCE % Chart

YourWay Cannabis Brands Annual Data

Trend

Dec19

Dec20

ROCE %

-31.73

-35.01

YourWay Cannabis Brands Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21
ROCE %	Get a 7-Day Free Trial				-13.32	-12.86	80.18	66.84	24.62

YourWay Cannabis Brands ROCE % Calculation

YourWay Cannabis Brands's annualized ROCE % for the fiscal year that ended in Dec. 2020 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2020 )		(A: Dec. 2019 )		(A: Dec. 2020 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2020 )		(A: Dec. 2019 )		(A: Dec. 2020 )
	=	-2.375	/	( ( (5.885 - 1.423)	+	(14.828 - 5.721) )	/ 2 )
	=	-2.375	/	( (4.462	+	9.107)	/ 2 )
	=	-2.375	/	6.7845
	=	-35.01 %

YourWay Cannabis Brands's ROCE % of for the quarter that ended in Sep. 2021 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2021 )		(Q: Jun. 2021 )		(Q: Sep. 2021 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2021 )		(Q: Jun. 2021 )		(Q: Sep. 2021 )
	=	4.872	/	( ( (24.379 - 5.744)	+	(27.908 - 6.958) )	/ 2 )
	=	4.872	/	( ( 18.635	+	20.95 )	/ 2 )
	=	4.872	/	19.7925
	=	24.62 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2021) EBIT data.

YourWay Cannabis Brands (OTCPK:YOURF) 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.

YourWay Cannabis Brands ROCE % Related Terms

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YourWay Cannabis Brands (YourWay Cannabis Brands) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » YourWay Cannabis Brands Inc (OTCPK:YOURF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

885 W Georgia Street, Suite 2200, Vancouver, BC, CAN, V6C 3E8

Website

https://www.hollistercannabisco.com

YourWay Cannabis Brands Inc is a multi-state operator with sales and operations in Arizona and California. Through building own brands, partnering with others, and providing white-labelled product, company is dedicated towards expanding the reach; remolding the cannabis industry and ultimately, redefining the way consumers and cannabis brands interact.