International Parkside Products (TSXV:IPD) ROCE % : 30.11% (As of Jan. 2024)

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What is International Parkside Products 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. International Parkside Products's annualized ROCE % for the quarter that ended in Jan. 2024 was 30.11%.

International Parkside Products ROCE % Historical Data

The historical data trend for International Parkside Products'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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International Parkside Products ROCE % Chart

International Parkside Products Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

ROCE %

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-9.29

-21.39

-8.43

-5.94

-47.10

International Parkside Products Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
ROCE %	Get a 7-Day Free Trial															-59.00	-42.52	-108.58	1.67	30.11

International Parkside Products ROCE % Calculation

International Parkside Products's annualized ROCE % for the fiscal year that ended in Jul. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jul. 2023 )		(A: Jul. 2022 )		(A: Jul. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jul. 2023 )		(A: Jul. 2022 )		(A: Jul. 2023 )
	=	-0.325	/	( ( (1.423 - 0.52)	+	(1.1 - 0.623) )	/ 2 )
	=	-0.325	/	( (0.903	+	0.477)	/ 2 )
	=	-0.325	/	0.69
	=	-47.10 %

International Parkside Products'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 )
	=	0.148	/	( ( (1.902 - 1.421)	+	(1.624 - 1.122) )	/ 2 )
	=	0.148	/	( ( 0.481	+	0.502 )	/ 2 )
	=	0.148	/	0.4915
	=	30.11 %

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

International Parkside Products (TSXV:IPD) 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.

International Parkside Products ROCE % Related Terms

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International Parkside Products (TSXV:IPD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » International Parkside Products Inc (TSXV:IPD) » Definitions » ROCE %

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Address

304 – 788 Beatty Street, Vancouver, BC, CAN, V6B 2M1

Website

https://www.lenspen.com

International Parkside Products Inc through its subsidiaries is engaged in the business of producing and marketing optical and screen cleaning products. It uses patented carbon black and LCF technology for international distribution. It offers optical lens cleaning devices such as LensPen, PEEPS, DigiKlear, Mini-Pro, Mini-Pro II, MicroPro, Smartphone camera cleaner, Laptop Pro, ScreenKlean, FilterKlear, DSLR Pro Kit, SensorKlear, SensorKlear Loupe Kit, SmartKlear, HunterPro Kits, Outdoor Pro Kits, FogKlear, Photo Pro Kits, Hurricane blower, and Microfiber cloth. The company sells its product globally including North America which generates the majority of its revenue, Europe, Japan, Asia, Russia, Australia/New Zealand other countries.

Executives

Murray Keating

10% Security Holder

International Parkside Products (TSXV:IPD) Headlines

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