GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » BurgerFi International Inc (NAS:BFI) » Definitions » ROCE %

BurgerFi International (BurgerFi International) ROCE % : -16.91% (As of Dec. 2023)


View and export this data going back to 2018. Start your Free Trial

What is BurgerFi International 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. BurgerFi International's annualized ROCE % for the quarter that ended in Dec. 2023 was -16.91%.


BurgerFi International ROCE % Historical Data

The historical data trend for BurgerFi International'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.

BurgerFi International ROCE % Chart

BurgerFi International Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial 4.85 0.53 -41.78 -35.97 -10.75

BurgerFi International 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -38.62 -11.95 -6.47 -4.74 -16.91

BurgerFi International ROCE % Calculation

BurgerFi International'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 )
=-22.156/( ( (276.78 - 40.203) + (258.476 - 82.692) )/ 2 )
=-22.156/( (236.577+175.784)/ 2 )
=-22.156/206.1805
=-10.75 %

BurgerFi International'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 )
=-34.224/( ( (263.938 - 34.886) + (258.476 - 82.692) )/ 2 )
=-34.224/( ( 229.052 + 175.784 )/ 2 )
=-34.224/202.418
=-16.91 %

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


BurgerFi International  (NAS:BFI) 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.


BurgerFi International ROCE % Related Terms

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


BurgerFi International (BurgerFi International) Business Description

Traded in Other Exchanges
Address
200 West Cypress Creek Road, Suite 220, Fort Lauderdale, FL, USA, 33309
BurgerFi International Inc operates a fast food restaurant chain in domestic and international market. The company has approximately 114 BurgerFi restaurants. It offers a classic American menu of premium burgers, hot dogs, crispy chicken, frozen custard, hand-cut fries, shakes, beer, wine, and more.
Executives
John Rosatti Revocable Trust 10 percent owner U/A DTD 08/27/2001- CUSTODY, 101 US HIGHWAY 1, NORTH PALM BEACH FL 33408
Bachmann Carl J. Iii officer: Chief Executive Officer 200 WEST CYPRESS CREEK RD., SUITE 220, FT LAUDERDALE FL 33309
Christopher Emlyn Jones officer: Chief Financial Officer 205 S HOOVER BLVD STE 210, #210, TAMPA FL 33609
Shehzaan Chunara 10 percent owner 2199 GLENMORE LANE, SNELLVILLE GA 30078
Cg2 Capital Llc 10 percent owner 2199 GLENMORE LANE, SNELLVILLE GA 30078
John Iannucci officer: Chief Operating Officer 200 WEST CYPRESS CREEK RD., SUITE 220, FT LAUDERDALE FL 33309
David Heidecorn director 599 W. PUTNAM AVENUE, GREENWICH CT 06830
Lionheart Equities, Llc 10 percent owner C/O LIONHEART CAPITAL, LLC, 4218 NE 2ND AVENUE, MIAMI FL 33137
Cp7 Warming Bag, L.p. 10 percent owner 599 WEST PUTNAM AVENUE, GREENWICH CT 06830
Ophir Sternberg 10 percent owner C/O OPES ACQUISITION CORP., JAVIER BARROS SIERRA 540, OF. 103, MEXICO CITY O5 01210
Stefan Kurt Schnopp officer: See Remarks 105 U.S. HIGHWAY 1, NORTH PALM BEACH FL 33408
Michelle Zavolta officer: Chief People Officer 105 US HIGHWAY 1, NORTH PALM BEACH FL 33408
Patrick Renna officer: ACFP Brand - President 105 US HIGHWAY 1, NORTH PALM BEACH FL 33408
Ian Baines director, officer: President and CEO 6820 LBJ FREEWAY, DALLAS TX 75240
Andrew Craig Taub director 599 WEST PUTNAM AVENUE, GREENWICH CT 06830