Candy Club Holdings (ASX:CLB) ROCE % : 0.00% (As of Jun. 2023)

View and export this data going back to 2019. Start your Free Trial

What is Candy Club Holdings 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. Candy Club Holdings's annualized ROCE % for the quarter that ended in Jun. 2023 was 0.00%.

Candy Club Holdings ROCE % Historical Data

The historical data trend for Candy Club Holdings'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.

Candy Club Holdings ROCE % Chart

Candy Club Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

-341.99

-94.58

-24.75

Candy Club Holdings Semi-Annual Data
	Jun18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial						-66.20	-64.85	116.61	-	-

Candy Club Holdings ROCE % Calculation

Candy Club Holdings's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	-1.653	/	( ( (21.339 - 6.663)	+	(0.218 - 1.536) )	/ 2 )
	=	-1.653	/	( (14.676	+	-1.318)	/ 2 )
	=	-1.653	/	6.679
	=	-24.75 %

Candy Club Holdings's ROCE % of for the quarter that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2023 )		(Q: Dec. 2022 )		(Q: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2023 )		(Q: Dec. 2022 )		(Q: Jun. 2023 )
	=	3.26	/	( ( (0.218 - 1.536)	+	(0.018 - 0.098) )	/ 2 )
	=	3.26	/	( ( -1.318	+	-0.08 )	/ 2 )
	=	3.26	/	-0.699
	=	0 %

(1) Note: The EBIT data used here is two times the semi-annual (Jun. 2023) EBIT data.

Candy Club Holdings (ASX:CLB) 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.

Candy Club Holdings ROCE % Related Terms

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

Candy Club Holdings (ASX:CLB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Candy Club Holdings Ltd (ASX:CLB) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

350 Kent Street, Level 2, Sydney, NSW, AUS, 90230

Website

https://www.candyclub.com

Candy Club Holdings Ltd is engaged in two components namely the B2C business and B2B business. Under the B2C business, the company sells subscriptions plans for the Candy Boxes in the USA, and the B2B business involves the selling of Candy Club Branded Confectionery to specialty market resellers in the USA. It has one segment, which is administration services in Australia.