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Premier Diversified Holdings (TSXV:PDH) ROCE % : 0.00% (As of Dec. 2023)


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What is Premier Diversified Holdings 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. Premier Diversified Holdings's annualized ROCE % for the quarter that ended in Dec. 2023 was 0.00%.


Premier Diversified Holdings ROCE % Historical Data

The historical data trend for Premier Diversified Holdings'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.

Premier Diversified Holdings ROCE % Chart

Premier Diversified Holdings Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -41.88 -117.89 -17.75 -172.70 -

Premier Diversified Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Premier Diversified Holdings ROCE % Calculation

Premier Diversified Holdings's annualized ROCE % for the fiscal year that ended in Sep. 2023 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Sep. 2023 )  (A: Sep. 2022 )(A: Sep. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Sep. 2023 )  (A: Sep. 2022 )(A: Sep. 2023 )
=-4.561/( ( (3.738 - 3.72) + (0.186 - 5.192) )/ 2 )
=-4.561/( (0.018+-5.006)/ 2 )
=-4.561/-2.494
=182.88 %

Premier Diversified Holdings's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=-0.612/( ( (0.186 - 5.192) + (0.102 - 5.428) )/ 2 )
=-0.612/( ( -5.006 + -5.326 )/ 2 )
=-0.612/-5.166
=0 %

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


Premier Diversified Holdings  (TSXV:PDH) 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.


Premier Diversified Holdings ROCE % Related Terms

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Premier Diversified Holdings (TSXV:PDH) Business Description

Traded in Other Exchanges
N/A
Address
1199 West Pender Street, Suite 680, Vancouver, BC, CAN, V6E 2R1
Premier Diversified Holdings Inc is a company that operates in diversified industries. The company is engaged in evaluating other potential investments and acquisition opportunities of public and private entities and their assets. The group mainly invests in startup businesses, preferably through joint ventures, wherein the company takes a significant equity stake or provides debt financing.
Executives
Geoffrey Paul Waters Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)

Premier Diversified Holdings (TSXV:PDH) Headlines

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