Vice Health and Wellness (XCNQ:VICE) ROCE % : -8,448.00% (As of Jun. 2023)

View and export this data going back to 2014. Start your Free Trial

What is Vice Health and Wellness 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. Vice Health and Wellness's annualized ROCE % for the quarter that ended in Jun. 2023 was -8,448.00%.

Vice Health and Wellness ROCE % Historical Data

The historical data trend for Vice Health and Wellness'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.

Vice Health and Wellness ROCE % Chart

Vice Health and Wellness Annual Data

Trend

Dec13

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

ROCE %

Get a 7-Day Free Trial

-1,050.32

-137.58

-196.62

-354.71

Vice Health and Wellness Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
ROCE %	Get a 7-Day Free Trial															-366.07	-381.97	-2,030.34	-	-8,448.00

Vice Health and Wellness ROCE % Calculation

Vice Health and Wellness's annualized ROCE % for the fiscal year that ended in Sep. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Sep. 2022 )		(A: Sep. 2021 )		(A: Sep. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Sep. 2022 )		(A: Sep. 2021 )		(A: Sep. 2022 )
	=	-2.24	/	( ( (1.125 - 0.052)	+	(0.345 - 0.155) )	/ 2 )
	=	-2.24	/	( (1.073	+	0.19)	/ 2 )
	=	-2.24	/	0.6315
	=	-354.71 %

Vice Health and Wellness's ROCE % of for the quarter that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2023 )		(Q: Mar. 2023 )		(Q: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2023 )		(Q: Mar. 2023 )		(Q: Jun. 2023 )
	=	-1.056	/	( ( (0.181 - 0.26)	+	(0.287 - 0.183) )	/ 2 )
	=	-1.056	/	( ( -0.079	+	0.104 )	/ 2 )
	=	-1.056	/	0.0125
	=	-8,448.00 %

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

Vice Health and Wellness (XCNQ:VICE) 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.

Vice Health and Wellness ROCE % Related Terms

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

Vice Health and Wellness (XCNQ:VICE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Vice Health and Wellness Inc (XCNQ:VICE) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

VICFF:USA Z24:Germany

Address

734 - 1055 Dunsmuir Street, Vancouver, BC, CAN, V7X 1B1

Website

https://www.shopgummies.com

Vice Health and Wellness Inc formerly The Gummy Project sells low-sugar, plant-based gummy products while raising money (and awareness) to support endangered keystone species. It operates "better for you" candy company that is built to support planet's most precious species and ecosystems, while educating our future generations on the steps we must take today, to ensure a viable tomorrow.