Wellbeing Digital Sciences (Wellbeing Digital Sciences) ROCE % : -145.39% (As of Apr. 2022)

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What is Wellbeing Digital Sciences 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. Wellbeing Digital Sciences's annualized ROCE % for the quarter that ended in Apr. 2022 was -145.39%.

Wellbeing Digital Sciences ROCE % Historical Data

The historical data trend for Wellbeing Digital Sciences'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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Wellbeing Digital Sciences ROCE % Chart

Wellbeing Digital Sciences Annual Data

Trend

Jul17

Jul18

Jul19

Jul20

Jul21

ROCE %

-26.74

-227.25

26.17

-256.08

Wellbeing Digital Sciences Quarterly Data
	Oct17	Jan18	Apr18	Jul18	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22
ROCE %	Get a 7-Day Free Trial														-176.59	-796.08	-196.04	-154.44	-145.39

Wellbeing Digital Sciences ROCE % Calculation

Wellbeing Digital Sciences'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 )
	=	-25.447	/	( ( (3.645 - 0.046)	+	(17.495 - 1.22) )	/ 2 )
	=	-25.447	/	( (3.599	+	16.275)	/ 2 )
	=	-25.447	/	9.937
	=	-256.08 %

Wellbeing Digital Sciences'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 )
	=	-17.04	/	( ( (14.495 - 1.68)	+	(14.028 - 3.403) )	/ 2 )
	=	-17.04	/	( ( 12.815	+	10.625 )	/ 2 )
	=	-17.04	/	11.72
	=	-145.39 %

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

Wellbeing Digital Sciences (OTCPK:KONEF) 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.

Wellbeing Digital Sciences ROCE % Related Terms

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Wellbeing Digital Sciences (Wellbeing Digital Sciences) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Wellbeing Digital Sciences Inc (OTCPK:KONEF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

275 Dundas Street, Unit A1605, London, ON, CAN, N6B 3L1

Website

https://www.wellbeingdigital.co

Wellbeing Digital Sciences Inc is a next-generation wellness company focused on ketamine-assisted therapy and psychedelic medicines. It operates healthcare clinics across North America, helping clients access plant medicines, psychedelics, and mental health care that have the potential to heal them of their physical or emotional pain.