Replenish Nutrients Holding (XCNQ:ERTH) ROCE % : 13.60% (As of Dec. 2023)

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What is Replenish Nutrients Holding 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. Replenish Nutrients Holding's annualized ROCE % for the quarter that ended in Dec. 2023 was 13.60%.

Replenish Nutrients Holding ROCE % Historical Data

The historical data trend for Replenish Nutrients Holding'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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Replenish Nutrients Holding ROCE % Chart

Replenish Nutrients Holding Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-33.18

-86.20

-37.48

-36.38

-1.39

Replenish Nutrients Holding 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															-51.50	-6.05	-8.92	-2.94	13.60

Replenish Nutrients Holding ROCE % Calculation

Replenish Nutrients Holding'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 )
	=	-0.312	/	( ( (38.775 - 16.251)	+	(29.408 - 6.98) )	/ 2 )
	=	-0.312	/	( (22.524	+	22.428)	/ 2 )
	=	-0.312	/	22.476
	=	-1.39 %

Replenish Nutrients Holding'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 )
	=	3.128	/	( ( (33.054 - 9.484)	+	(29.408 - 6.98) )	/ 2 )
	=	3.128	/	( ( 23.57	+	22.428 )	/ 2 )
	=	3.128	/	22.999
	=	13.60 %

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

Replenish Nutrients Holding (XCNQ:ERTH) 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.

Replenish Nutrients Holding ROCE % Related Terms

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Replenish Nutrients Holding (XCNQ:ERTH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Replenish Nutrients Holding Corp (XCNQ:ERTH) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

VVIVF:USA 7KE:Germany

Address

Station Main, PO Box 1186, Okotoks, AB, CAN, T15 1B1

Website

https://www.replenishnutrients.com

Replenish Nutrients Holding Corp is an agriculture biotechnology company and a leading intellectual property developer of regenerative fertilizer solutions and sustainable manufacturing processes to support a farm system that prioritizes healthy soils and grower profitability. By combining a balanced source of micronized nutrients and organic matter with its proprietary blends and granulation process, Replenish has developed a sustainable alternative to synthetic fertilizers that enhances overall soil function and biology while providing valuable plant-available nutrients farmers rely upon for healthy crops.

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