Valencia Capital (TSXV:VAL.P) ROCE % : -29.23% (As of Dec. 2023)

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What is Valencia 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. Valencia Capital's annualized ROCE % for the quarter that ended in Dec. 2023 was -29.23%.

Valencia Capital ROCE % Historical Data

The historical data trend for Valencia 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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Valencia Capital ROCE % Chart

Valencia Capital Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

ROCE %

-62.18

-49.81

-11.82

-14.27

Valencia Capital Quarterly Data
	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													-12.13	-12.50	-22.66	-18.07	-29.23

Valencia Capital ROCE % Calculation

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

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	-0.087	/	( ( (0.654 - 0.001)	+	(0.571 - 0.005) )	/ 2 )
	=	-0.087	/	( (0.653	+	0.566)	/ 2 )
	=	-0.087	/	0.6095
	=	-14.27 %

Valencia Capital'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 )
	=	-0.152	/	( ( (0.548 - 0.007)	+	(0.503 - 0.004) )	/ 2 )
	=	-0.152	/	( ( 0.541	+	0.499 )	/ 2 )
	=	-0.152	/	0.52
	=	-29.23 %

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

Valencia Capital (TSXV:VAL.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.

Valencia Capital ROCE % Related Terms

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Valencia Capital (TSXV:VAL.P) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

789 West Pender Street, Suite 1510, Vancouver, BC, CAN, V6C 1H2

Website

Valencia Capital Inc is in the development stage and its principal business will be the identification and evaluation of assets or businesses with a view to completing a Qualifying Transaction as defined by the rules of the Exchange.

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