CEA Industries (CEA Industries) ROCE % : -30.56% (As of Dec. 2023)

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What is CEA Industries 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. CEA Industries's annualized ROCE % for the quarter that ended in Dec. 2023 was -30.56%.

CEA Industries ROCE % Historical Data

The historical data trend for CEA Industries'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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CEA Industries ROCE % Chart

CEA Industries Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-1,106.61

-63.08

-21.25

CEA Industries 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															-32.23	-11.77	-19.19	-23.16	-30.56

CEA Industries ROCE % Calculation

CEA Industries'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 )
	=	-2.953	/	( ( (21.026 - 5.754)	+	(13.772 - 1.251) )	/ 2 )
	=	-2.953	/	( (15.272	+	12.521)	/ 2 )
	=	-2.953	/	13.8965
	=	-21.25 %

CEA Industries'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 )
	=	-3.98	/	( ( (14.7 - 1.171)	+	(13.772 - 1.251) )	/ 2 )
	=	-3.98	/	( ( 13.529	+	12.521 )	/ 2 )
	=	-3.98	/	13.025
	=	-30.56 %

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

CEA Industries (NAS:CEAD) 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.

CEA Industries ROCE % Related Terms

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CEA Industries (CEA Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » CEA Industries Inc (NAS:CEAD) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

385 South Pierce Avenue, Suite C, Louisville, CO, USA, 80027

Website

https://www.ceaindustries.com

CEA Industries Inc through its subsidiary designs, engineers and manufactures application-specific environmental control and air sanitation systems for commercial, state and provincial-regulated indoor cannabis cultivation facilities in the U.S. and Canada. Its engineering and technical team provides energy and water-efficient solutions that allow growers to meet demands of an indoor cannabis cultivation environment through precise temperature, humidity, and process controls and to satisfy the evolving code and regulatory requirements at the state, provincial and local levels.

Executives

Ian Kiran Patel	officer: CFO, Treasurer & Secretary	41 ONEIDA COURT, DENVER CO 80230
Troy Lee Reisner	director	8374 RAPHAEL LANE, LITTLETON CO 80125
Marion Mariathasan	director	2373 S OLIVE ST, DENVER CO 80224
Brian Knaley	officer: CFO/Treasurer	C/O ARC GROUP WORLDWIDE, INC., 810 FLIGHTLINE BLVD., DELAND FL 32724
James Randall Shipley	director	530 NORTH LAKESHORE DR #1208, CHICAGO IL 60611
Nicholas J. Etten	director	874, VALLEY ROAD, GLENCOE IL 60022
Anthony K Mcdonald	director	11934 W. 75TH PLACE, ARVADA CO 80005
Mark E. Smiens	officer: CFO/Treasurer	2819 IRONWOOD CIRCLE, ERIE CO 80516
Chris Bechtel	director	31 CAPE HARBOUR PLACE, THE WOODLANDS TX 77380
Aaron Trent Doucet	officer: Chief Operating Officer	3301 ARAPAHOE, APT 404, BOULDER CO 80303
Paul C Kelly	other: Former CFO/Treasurer	10401 OWENS CIRCLE, WESTMINSTER CO 80021
Morgan Paxhia	other: Former Director	130 FREDERICK STREET, #102, SAN FRANCISCO CA 94117
Taylor Simonton	director	5170 SOUTH HANOVER WAY, ENGLEWOOD CO 80111-6239
Brandy Marie Keen	10 percent owner	840 TURPIN WAY, ERIE CO 80516
Timothy J Keating	director	8400 EAST CRESCENT PARKWAY, SUITE 600, GREENWOOD VILLAGE CO 80111