Eden Empire (Eden Empire) ROCE % : 0.00% (As of Apr. 2022)

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What is Eden Empire 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. Eden Empire's annualized ROCE % for the quarter that ended in Apr. 2022 was 0.00%.

Eden Empire ROCE % Historical Data

The historical data trend for Eden Empire'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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Eden Empire ROCE % Chart

Eden Empire Annual Data

Trend

Jul19

Jul20

Jul21

ROCE %

-28.13

-78.89

-172.58

Eden Empire Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22
ROCE %	Get a 7-Day Free Trial								-86.67	-395.37	-4,189.83	-	-

Eden Empire ROCE % Calculation

Eden Empire's annualized ROCE % for the fiscal year that ended in Jul. 2021 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jul. 2021 )		(A: Jul. 2020 )		(A: Jul. 2021 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jul. 2021 )		(A: Jul. 2020 )		(A: Jul. 2021 )
	=	-2.858	/	( ( (3.532 - 0.622)	+	(3.526 - 3.124) )	/ 2 )
	=	-2.858	/	( (2.91	+	0.402)	/ 2 )
	=	-2.858	/	1.656
	=	-172.58 %

Eden Empire's ROCE % of for the quarter that ended in Apr. 2022 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Apr. 2022 )		(Q: Jan. 2022 )		(Q: Apr. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Apr. 2022 )		(Q: Jan. 2022 )		(Q: Apr. 2022 )
	=	-2.436	/	( ( (4.783 - 4.572)	+	(4.618 - 4.934) )	/ 2 )
	=	-2.436	/	( ( 0.211	+	-0.316 )	/ 2 )
	=	-2.436	/	-0.0525
	=	0 %

(1) Note: The EBIT data used here is four times the quarterly (Apr. 2022) EBIT data.

Eden Empire (OTCPK:EDNEF) 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.

Eden Empire ROCE % Related Terms

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Eden Empire (Eden Empire) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Eden Empire Inc (OTCPK:EDNEF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

666 Burrard Street, 2800 Park Place, Vancouver, BC, CAN, V6C 2Z7

Website

https://www.myeden.ca

Eden Empire Inc is engaged in the business of operating and investing in the retail cannabis sector.

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