The Marygold (The Marygold) ROCE % : -11.90% (As of Mar. 2024)

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What is The Marygold 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. The Marygold's annualized ROCE % for the quarter that ended in Mar. 2024 was -11.90%.

The Marygold ROCE % Historical Data

The historical data trend for The Marygold'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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The Marygold ROCE % Chart

The Marygold Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

ROCE %

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3.55

12.28

32.57

8.39

5.24

The Marygold Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															1.65	5.93	-10.37	-18.01	-11.90

The Marygold ROCE % Calculation

The Marygold'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 )
	=	1.614	/	( ( (35.311 - 4.808)	+	(35.281 - 4.192) )	/ 2 )
	=	1.614	/	( (30.503	+	31.089)	/ 2 )
	=	1.614	/	30.796
	=	5.24 %

The Marygold's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	-3.516	/	( ( (34.932 - 4.991)	+	(33.709 - 4.541) )	/ 2 )
	=	-3.516	/	( ( 29.941	+	29.168 )	/ 2 )
	=	-3.516	/	29.5545
	=	-11.90 %

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

The Marygold (AMEX:MGLD) 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.

The Marygold ROCE % Related Terms

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The Marygold (The Marygold) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » The Marygold Companies Inc (AMEX:MGLD) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

TF8:Germany

Address

120 Calle Iglesia, Unit B, San Clemente, CA, USA, 92672

Website

https://www.marygoldandco.net

The Marygold Companies Inc is engaged in identifying and acquiring established, profitable, undervalued companies in diverse sectors, and managing the portfolio to facilitate growth and add value for all stakeholders.

Executives

Scott Allen West	officer: Chief Accounting Officer	12625 HIGH BLUFF DRIVE, SUITE 305, SAN DIEGO CA 92130
James S Alexander	director	C/O THE MARYGOLD COMPANIES, INC., 120 CALLE IGLESIA, UNIT B, SAN CLEMENTE CA 92672
David Wayne Neibert	director, officer: Chief Executive Officer	13652 ACORN CIRCLE, VALLEY CENTER CA 92082
Carolyn M. Yu	officer: Chief Legal Officer	120 CALLE IGLESIA, UNIT B, SAN CLEMENTE CA 92672
Kathryn D. Rooney	director	2520 EYRE HALL PASS, NEW ALBANY OH 43054
Nicholas Daniel Gerber	director, 10 percent owner, officer: Chief Executive Officer	127 DEVIN ROAD, MORAGA CA 94556
Kelly Anderson	director	C/O TOMI ENVIRONMENTAL SOLUTIONS, INC., 9454 WILSHIRE BLVD., R-1, BEVERLY HILLS CA 90212
Stuart P. Crumbaugh	officer: Treasurer/CFO	C/O USCF ETF TRUST, 1999 HARRISON STREET, SUITE 1530, OAKLAND CA 94612
Erin Grogan	director	2721 WAWONA STREET, SAN FRANCISCO CA 94116
Joya Harris	director	150 MAISON PLACE N.W., ATLANTA GA 30303
Derek Jason Mullins	director	C/O PINE ADVISOR SOLUTIONS, 501 S. CHERRY ST., SUITE 1090, DENVER CO 80246
Tabatha Coffey	director	1019 GLEN ROAD, FORT LEE NJ 07024
Sheila Gerber	10 percent owner	5 HATAMAR ST., BINYAMINA L3 30500
Eliot Gerber	10 percent owner	5 HATAMAR ST., BINYAMINA L3 30500
Gerber Family Irrevocable Trust	10 percent owner	COMMONWEALTH TRUST COMPANY, TRUSTEE, 29 BANCROFT MILLS RD., WILMINGTON DE 19806