Harrys Manufacturing (Harrys Manufacturing) ROCE % : 0.00% (As of Jan. 2024)

View and export this data going back to 2011. Start your Free Trial

What is Harrys Manufacturing 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. Harrys Manufacturing's annualized ROCE % for the quarter that ended in Jan. 2024 was 0.00%.

Harrys Manufacturing ROCE % Historical Data

The historical data trend for Harrys Manufacturing'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.

Harrys Manufacturing ROCE % Chart

Harrys Manufacturing Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

ROCE %

Get a 7-Day Free Trial

-543.97

-194.48

-177.25

-341.15

Harrys Manufacturing 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															-	-	-	-	-

Harrys Manufacturing ROCE % Calculation

Harrys Manufacturing'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 )
	=	-0.491	/	( ( (0.223 - 0.307)	+	(0.071 - 0.255) )	/ 2 )
	=	-0.491	/	( (-0.084	+	-0.184)	/ 2 )
	=	-0.491	/	-0.134
	=	366.42 %

Harrys Manufacturing'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 )
	=	-0.356	/	( ( (0.111 - 0.206)	+	(0.06 - 0.246) )	/ 2 )
	=	-0.356	/	( ( -0.095	+	-0.186 )	/ 2 )
	=	-0.356	/	-0.1405
	=	0 %

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

Harrys Manufacturing (OTCPK:WSRRF) 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.

Harrys Manufacturing ROCE % Related Terms

Thank you for viewing the detailed overview of Harrys Manufacturing's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Harrys Manufacturing (Harrys Manufacturing) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » Harrys Manufacturing Inc (OTCPK:WSRRF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

HARY:Canada

Address

1055 West Georgia Street, Suite 1500, Vancouver, BC, CAN, V6E 4N7

Website

http://www.harrysmfg.com

Harrys Manufacturing Inc is engaged in the sale and distribution of tobacco products. It is a wholesale distributor of high quality 100% natural tobacco cigarettes. It utilizes various types of tobacco blends to satisfy customer demands and preferences for products that meet Health Canada standards.

Harrys Manufacturing (Harrys Manufacturing) Headlines

No Headlines