Xebra Brands (XCNQ:XBRA) ROCE % : -80.65% (As of Nov. 2023)

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What is Xebra Brands 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. Xebra Brands's annualized ROCE % for the quarter that ended in Nov. 2023 was -80.65%.

Xebra Brands ROCE % Historical Data

The historical data trend for Xebra Brands'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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Xebra Brands ROCE % Chart

Xebra Brands Annual Data

Trend

Feb20

Feb21

Feb22

Feb23

ROCE %

-57.46

-47.42

-164.19

-271.60

Xebra Brands Quarterly Data
	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
ROCE %	Get a 7-Day Free Trial											-114.26	-528.02	-230.11	-279.67	-80.65

Xebra Brands ROCE % Calculation

Xebra Brands'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 )
	=	-4.108	/	( ( (2.902 - 0.429)	+	(1.324 - 0.772) )	/ 2 )
	=	-4.108	/	( (2.473	+	0.552)	/ 2 )
	=	-4.108	/	1.5125
	=	-271.60 %

Xebra Brands'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 )
	=	-0.348	/	( ( (1.159 - 0.712)	+	(1.286 - 0.87) )	/ 2 )
	=	-0.348	/	( ( 0.447	+	0.416 )	/ 2 )
	=	-0.348	/	0.4315
	=	-80.65 %

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

Xebra Brands (XCNQ:XBRA) 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.

Xebra Brands ROCE % Related Terms

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Xebra Brands (XCNQ:XBRA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Xebra Brands Ltd (XCNQ:XBRA) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

XBRAF:USA 9YC0:Germany

Address

1090 Hamilton Street, Vancouver, BC, CAN, V6B 2R9

Website

https://www.xebrabrands.com

Xebra Brands Ltd is focused on cannabis cultivation and products, with global brands and intellectual property. Its products cover wellness and leisure and include beverages. It has one reportable business segment, being the cultivation, processing, manufacturing, design and delivery of cannabis products.

Xebra Brands (XCNQ:XBRA) Headlines

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