Affinor Growers (Affinor Growers) ROCE % : -172.93% (As of Feb. 2024)

View and export this data going back to 2014. Start your Free Trial

What is Affinor Growers 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. Affinor Growers's annualized ROCE % for the quarter that ended in Feb. 2024 was -172.93%.

Affinor Growers ROCE % Historical Data

The historical data trend for Affinor Growers'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.

Affinor Growers ROCE % Chart

Affinor Growers Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

ROCE %

Get a 7-Day Free Trial

-110.49

-93.26

-141.78

-114.32

-63.89

Affinor Growers Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
ROCE %	Get a 7-Day Free Trial															-62.68	-93.09	-91.59	-210.85	-172.93

Affinor Growers ROCE % Calculation

Affinor Growers's annualized ROCE % for the fiscal year that ended in May. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: May. 2023 )		(A: May. 2022 )		(A: May. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: May. 2023 )		(A: May. 2022 )		(A: May. 2023 )
	=	-0.49	/	( ( (1.897 - 0.986)	+	(1.562 - 0.939) )	/ 2 )
	=	-0.49	/	( (0.911	+	0.623)	/ 2 )
	=	-0.49	/	0.767
	=	-63.89 %

Affinor Growers's ROCE % of for the quarter that ended in Feb. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Feb. 2024 )		(Q: Nov. 2023 )		(Q: Feb. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Feb. 2024 )		(Q: Nov. 2023 )		(Q: Feb. 2024 )
	=	-0.792	/	( ( (1.464 - 1.185)	+	(1.484 - 0.847) )	/ 2 )
	=	-0.792	/	( ( 0.279	+	0.637 )	/ 2 )
	=	-0.792	/	0.458
	=	-172.93 %

(1) Note: The EBIT data used here is four times the quarterly (Feb. 2024) EBIT data.

Affinor Growers (OTCPK:RSSFF) 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.

Affinor Growers ROCE % Related Terms

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

Affinor Growers (Affinor Growers) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Affinor Growers Inc (OTCPK:RSSFF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

1AF0:Germany AFI:Canada

Address

250-750 West Pender Street, Vancouver, BC, CAN, V6C 2T7

Website

https://www.affinorgrowers.com

Affinor Growers Inc is a farming technology company engaged in acquiring, patenting, and commercializing various agriculture technologies and vertical farming technology for the indoor controlled environment and outdoor greenhouse agriculture industry in North America. It produces strawberries and other crops, such as romaine lettuce and herbs using vertical farming technology. The company principally operates in North America. The Company's revenue model includes entering into licensing agreements that provide licensing revenue as well as earnings on sales of its equipment and sale of produce from its production facilities.

Affinor Growers (Affinor Growers) Headlines

From GuruFocus

The Power Play by The Market Herald Releases Interview With Affinor Growers

By ACCESSWIRE ACCESSWIRE • 04-11-2022

Affinor Growers to Accommodate Private Placement With Cryptocurrency

By Marketwired Marketwired • 04-20-2021

Affinor Growers Hits the Shelves in Vancouver BC With Vertical Farmed Strawberries

By GuruFocusNews GuruFocusNews • 04-15-2022

Affinor Growers Ships Its Third Order of Premium Vine-Ripened Strawberries and Expands Distribution

By GuruFocusNews GuruFocusNews • 04-19-2022