TUP Capital (TSXV:TUP.P) ROCE % : -11.47% (As of Nov. 2023)

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What is TUP Capital 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. TUP Capital's annualized ROCE % for the quarter that ended in Nov. 2023 was -11.47%.

TUP Capital ROCE % Historical Data

The historical data trend for TUP Capital'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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TUP Capital ROCE % Chart

TUP Capital Annual Data

Trend

Feb21

Feb22

Feb23

ROCE %

-66.51

-22.30

TUP Capital Quarterly Data
	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
ROCE %	Get a 7-Day Free Trial									-2.02	-15.36	-21.25	-80.17	-11.47

TUP Capital ROCE % Calculation

TUP Capital's annualized ROCE % for the fiscal year that ended in Feb. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Feb. 2023 )		(A: Feb. 2022 )		(A: Feb. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Feb. 2023 )		(A: Feb. 2022 )		(A: Feb. 2023 )
	=	-0.134	/	( ( (0.73 - 0.066)	+	(0.548 - 0.01) )	/ 2 )
	=	-0.134	/	( (0.664	+	0.538)	/ 2 )
	=	-0.134	/	0.601
	=	-22.30 %

TUP Capital's ROCE % of for the quarter that ended in Nov. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Nov. 2023 )		(Q: Aug. 2023 )		(Q: Nov. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Nov. 2023 )		(Q: Aug. 2023 )		(Q: Nov. 2023 )
	=	-0.048	/	( ( (0.527 - 0.105)	+	(0.435 - 0.02) )	/ 2 )
	=	-0.048	/	( ( 0.422	+	0.415 )	/ 2 )
	=	-0.048	/	0.4185
	=	-11.47 %

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

TUP Capital (TSXV:TUP.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.

TUP Capital ROCE % Related Terms

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TUP Capital (TSXV:TUP.P) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » TUP Capital Inc (TSXV:TUP.P) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

100 King Street West, Suite 3400, One First Canadian Place, Toronto, ON, CAN, M5X 1A4

Website

TUP Capital Inc is a a capital pool company.

TUP Capital (TSXV:TUP.P) Headlines

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