Clean Seed Capital Group (TSXV:CSX.H) ROCE % : -29.30% (As of Mar. 2023)

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What is Clean Seed Capital Group 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. Clean Seed Capital Group's annualized ROCE % for the quarter that ended in Mar. 2023 was -29.30%.

Clean Seed Capital Group ROCE % Historical Data

The historical data trend for Clean Seed Capital Group'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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Clean Seed Capital Group ROCE % Chart

Clean Seed Capital Group Annual Data

Trend

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

ROCE %

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-73.63

-53.96

30.36

-27.14

-21.51

Clean Seed Capital Group Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
ROCE %	Get a 7-Day Free Trial															18.16	-42.06	-35.33	-37.55	-29.30

Clean Seed Capital Group ROCE % Calculation

Clean Seed Capital Group's annualized ROCE % for the fiscal year that ended in Jun. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2022 )		(A: Jun. 2021 )		(A: Jun. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2022 )		(A: Jun. 2021 )		(A: Jun. 2022 )
	=	-2.279	/	( ( (12.95 - 2.601)	+	(15.155 - 4.31) )	/ 2 )
	=	-2.279	/	( (10.349	+	10.845)	/ 2 )
	=	-2.279	/	10.597
	=	-21.51 %

Clean Seed Capital Group's ROCE % of for the quarter that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2023 )		(Q: Dec. 2022 )		(Q: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2023 )		(Q: Dec. 2022 )		(Q: Mar. 2023 )
	=	-2.728	/	( ( (15.745 - 6.19)	+	(15.699 - 6.63) )	/ 2 )
	=	-2.728	/	( ( 9.555	+	9.069 )	/ 2 )
	=	-2.728	/	9.312
	=	-29.30 %

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

Clean Seed Capital Group (TSXV:CSX.H) 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.

Clean Seed Capital Group ROCE % Related Terms

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Clean Seed Capital Group (TSXV:CSX.H) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Clean Seed Capital Group Ltd (TSXV:CSX.H) » Definitions » ROCE %

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CLGPF:USA

Address

7541 Conway Avenue, Unit 14, Burnaby, BC, CAN, V5E 2P7

Website

https://www.cleanseedcapital.com

Clean Seed Capital Group Ltd is engaged in the innovation, production and distribution of patented agricultural technologies. The company's SMART Seeder and SeedSync technologies are revolutionary seeding and planting tools that utilize a unique synergy of sophisticated electronic metering and intuitive software control putting row-by-row variable rate technology at the forefront of agricultural innovation. These innovations create a new class of highly accurate seeding equipment designed specifically for the modern farmer.

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