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Grosvenor CPC I (TSXV:GRVA.P) ROCE % : -6.39% (As of Jan. 2024)


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What is Grosvenor CPC I 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. Grosvenor CPC I's annualized ROCE % for the quarter that ended in Jan. 2024 was -6.39%.


Grosvenor CPC I ROCE % Historical Data

The historical data trend for Grosvenor CPC I'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.

Grosvenor CPC I ROCE % Chart

Grosvenor CPC I Annual Data
Trend Apr22 Apr23
ROCE %
- -4.14

Grosvenor CPC I Quarterly Data
Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.23 -5.28 -1.11 -2.77 -6.39

Grosvenor CPC I ROCE % Calculation

Grosvenor CPC I's annualized ROCE % for the fiscal year that ended in Apr. 2023 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Apr. 2023 )  (A: Apr. 2022 )(A: Apr. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Apr. 2023 )  (A: Apr. 2022 )(A: Apr. 2023 )
=-0.06/( ( (1.536 - 0.075) + (1.461 - 0.025) )/ 2 )
=-0.06/( (1.461+1.436)/ 2 )
=-0.06/1.4485
=-4.14 %

Grosvenor CPC I's ROCE % of for the quarter that ended in Jan. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jan. 2024 )  (Q: Oct. 2023 )(Q: Jan. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jan. 2024 )  (Q: Oct. 2023 )(Q: Jan. 2024 )
=-0.092/( ( (1.461 - 0.016) + (1.465 - 0.031) )/ 2 )
=-0.092/( ( 1.445 + 1.434 )/ 2 )
=-0.092/1.4395
=-6.39 %

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

* 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.


Grosvenor CPC I  (TSXV:GRVA.P) 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.


Grosvenor CPC I ROCE % Related Terms

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Grosvenor CPC I (TSXV:GRVA.P) Business Description

Traded in Other Exchanges
N/A
Address
1 Place Ville Marie, Suite 1670, Montreal, QC, CAN, H3B 2B6
Website
Grosvenor CPC I Inc is a capital pool company.

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