Americann (Americann) ROCE % : -1.34% (As of Dec. 2023)

View and export this data going back to 2013. Start your Free Trial

What is Americann 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. Americann's annualized ROCE % for the quarter that ended in Dec. 2023 was -1.34%.

Americann ROCE % Historical Data

The historical data trend for Americann'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.

Americann ROCE % Chart

Americann Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

ROCE %

Get a 7-Day Free Trial

-44.32

1.16

0.44

3.35

4.95

Americann Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															6.57	10.13	4.83	0.23	-1.34

Americann ROCE % Calculation

Americann's annualized ROCE % for the fiscal year that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Sep. 2023 )		(A: Sep. 2022 )		(A: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Sep. 2023 )		(A: Sep. 2022 )		(A: Sep. 2023 )
	=	0.615	/	( ( (15.438 - 0.5)	+	(15.155 - 5.243) )	/ 2 )
	=	0.615	/	( (14.938	+	9.912)	/ 2 )
	=	0.615	/	12.425
	=	4.95 %

Americann's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	-0.132	/	( ( (15.155 - 5.243)	+	(14.96 - 5.223) )	/ 2 )
	=	-0.132	/	( ( 9.912	+	9.737 )	/ 2 )
	=	-0.132	/	9.8245
	=	-1.34 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Americann (OTCPK:ACAN) 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.

Americann ROCE % Related Terms

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

Americann (Americann) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Americann Inc (OTCPK:ACAN) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1555 Blake Street, Unit 502, Denver, CO, USA, 80202

Website

https://www.americann.co

Americann Inc is a specialized cannabis company that is developing product manufacturing and greenhouse cultivation facilities. Its business plan is based on the continued growth of the regulated marijuana market in the United States. Its flagship project is the Massachusetts Cannabis Center (MCC). It generates revenue through lease arrangements that include base rents and revenue participation fees generated from products produced at the MCC.

Executives

Benjamin J Barton	director	1551 LARIMER ST., #2701, DENVER CO 80203
Strategic Capital Partners, Llc	10 percent owner	1550 LARIMER STREET, SUITE 264, DENVER CO 80202
Timothy Ryan Keogh	director, officer: Chief Executive Officer	54 ACUSHNET ROAD, MATTAPOISETT MA 02739