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Bruush Oral Care (Bruush Oral Care) ROIC % : -253.54% (As of Apr. 2023)


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What is Bruush Oral Care ROIC %?

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. Bruush Oral Care's annualized return on invested capital (ROIC %) for the quarter that ended in Apr. 2023 was -253.54%.

As of today (2024-05-27), Bruush Oral Care's WACC % is 0.00%. Bruush Oral Care's ROIC % is 0.00% (calculated using TTM income statement data). Bruush Oral Care earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Bruush Oral Care ROIC % Historical Data

The historical data trend for Bruush Oral Care's ROIC % 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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Bruush Oral Care ROIC % Chart

Bruush Oral Care Annual Data
Trend Jan20 Jan21 Oct22
ROIC %
-313.82 -817.67 -723.79

Bruush Oral Care Quarterly Data
Jan20 Jan21 Oct21 Apr22 Jul22 Oct22 Apr23
ROIC % Get a 7-Day Free Trial - - -402.15 -1,917.17 -253.54

Competitive Comparison of Bruush Oral Care's ROIC %

For the Household & Personal Products subindustry, Bruush Oral Care's ROIC %, along with its competitors' market caps and ROIC % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Bruush Oral Care's ROIC % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Bruush Oral Care's ROIC % distribution charts can be found below:

* The bar in red indicates where Bruush Oral Care's ROIC % falls into.



Bruush Oral Care ROIC % Calculation

Bruush Oral Care's annualized Return on Invested Capital (ROIC %) for the fiscal year that ended in Oct. 2022 is calculated as:

ROIC % (A: Oct. 2022 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Jan. 2021 ) + Invested Capital (A: Oct. 2022 ))/ count )
=-10.343 * ( 1 - 0% )/( (1.603 + 1.255)/ 2 )
=-10.343/1.429
=-723.79 %

where

Bruush Oral Care's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Apr. 2023 is calculated as:

ROIC % (Q: Apr. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Oct. 2022 ) + Invested Capital (Q: Apr. 2023 ))/ count )
=-6.36 * ( 1 - 0% )/( (1.255 + 3.762)/ 2 )
=-6.36/2.5085
=-253.54 %

where

Note: The Operating Income data used here is four times the quarterly (Apr. 2023) data.

* 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.


Bruush Oral Care  (NAS:BRSH) ROIC % Explanation

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROIC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, Bruush Oral Care's WACC % is 0.00%. Bruush Oral Care's ROIC % is 0.00% (calculated using TTM income statement data).


Be Aware

Like ROE % and ROA %, ROIC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.


Bruush Oral Care ROIC % Related Terms

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Bruush Oral Care (Bruush Oral Care) Business Description

Traded in Other Exchanges
N/A
Address
1155 Mainland Street, Unit 403, Vancouver, BC, CAN, V6B 5P2
Bruush Oral Care Inc offers electric toothbrushes. It offers an electric toothbrush fused with sonic technology with six cleaning modes and ultra-soft bristles for an effective clean.