Richco Investors (TSXV:RII.H) ROCE % : 0.00% (As of Dec. 2023)

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What is Richco Investors 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. Richco Investors's annualized ROCE % for the quarter that ended in Dec. 2023 was 0.00%.

Richco Investors ROCE % Historical Data

The historical data trend for Richco Investors'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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Richco Investors ROCE % Chart

Richco Investors Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-31.03

-10.27

-173.33

-355.56

Richco Investors 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															-	-	-	-	-

Richco Investors ROCE % Calculation

Richco Investors's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	-0.028	/	( ( (0.042 - 0.05)	+	(0.008 - 0.046) )	/ 2 )
	=	-0.028	/	( (-0.008	+	-0.038)	/ 2 )
	=	-0.028	/	-0.023
	=	121.74 %

Richco Investors'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 )
	=	-0.02	/	( ( (0.013 - 0.045)	+	(0.008 - 0.046) )	/ 2 )
	=	-0.02	/	( ( -0.032	+	-0.038 )	/ 2 )
	=	-0.02	/	-0.035
	=	0 %

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

Richco Investors (TSXV:RII.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.

Richco Investors ROCE % Related Terms

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Richco Investors (TSXV:RII.H) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Richco Investors Inc (TSXV:RII.H) » Definitions » ROCE %

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RII.K:Canada

Address

3882 Lawrence Place, North Vancouver, Vancouver, BC, CAN, V7K 2X2

Website

www.richcoinvestors.com

Richco Investors Inc is a Canada-based company that provides financial, management, and other administrative services to early development-stage businesses. The principal objective of the company is long-term wealth creation by creating or helping businesses to fulfill their potential through strategic planning, capital infusion, and corporate restructuring.

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