Compass Diversified Holdings (Compass Diversified Holdings) ROCE % : -3.87% (As of Dec. 2023)

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What is Compass Diversified Holdings 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. Compass Diversified Holdings's annualized ROCE % for the quarter that ended in Dec. 2023 was -3.87%.

Compass Diversified Holdings ROCE % Historical Data

The historical data trend for Compass Diversified Holdings'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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Compass Diversified Holdings ROCE % Chart

Compass Diversified Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-0.28

3.61

3.30

3.90

2.51

Compass Diversified Holdings 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															-1.60	5.62	5.11	3.29	-3.87

Compass Diversified Holdings ROCE % Calculation

Compass Diversified Holdings'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 )
	=	87.727	/	( ( (3849.631 - 359.832)	+	(3816.981 - 312.358) )	/ 2 )
	=	87.727	/	( (3489.799	+	3504.623)	/ 2 )
	=	87.727	/	3497.211
	=	2.51 %

Compass Diversified Holdings'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 )
	=	-134.86	/	( ( (3810.812 - 354.319)	+	(3816.981 - 312.358) )	/ 2 )
	=	-134.86	/	( ( 3456.493	+	3504.623 )	/ 2 )
	=	-134.86	/	3480.558
	=	-3.87 %

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

Compass Diversified Holdings (NYSE:CODI) 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.

Compass Diversified Holdings ROCE % Related Terms

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Compass Diversified Holdings (Compass Diversified Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Compass Diversified Holdings (NYSE:CODI) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

CODIpC.PFD:USA CODIpB.PFD:USA CODIpA.PFD:USA

Address

301 Riverside Avenue, Second Floor, Westport, CT, USA, 06880

Website

https://compassdiversified.com

Compass Diversified Holdings is a diversified business conglomerate based in the United States having two groups: branded consumer business and niche industrial business. Branded consumer businesses are characterized as those businesses that capitalize on a valuable brand name in their respective market sector. It includes 5.11, Ergobaby, Liberty Safe, and Velocity Outdoor. Niche industrial businesses are characterized as those businesses that focus on manufacturing and selling particular products and industrial services within a specific market sector. It includes Advanced Circuits, Arnold, Foam Fabricators, and Sterno. The company has operations in the United States, Canada, Europe, Asia Pacific, and other International areas.

Executives

Ryan J Faulkingham	other: See Remark (a)	SIXTY ONE WILTON ROAD, SECOND FLOOR, WESTPORT CT 06880
Harold S Edwards	other: See Remark (a)	SIXTY ONE WILTON ROAD, SECOND FLOOR, WESTPORT CT 06880
Teri Shaffer	other: See Remark (a)	301 RIVERSIDE AVENUE, SECOND FLOOR, WESTPORT CT 06880
Nancy Mahon	other: See Remark (a)	C/O TPG PACE BENEFICIAL FINANCE CORP., 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Alexander S. Bhathal	other: See Remark (a)	301 RIVERSIDE AVENUE, SECOND FLOOR, WESTPORT CT 06880
James Bottiglieri	other: See Remark (a)	2187 ATLANTIC ST, STAMFORD CT 06902
Larry L Enterline	other: See Remark (a)	2709 WATER RIDGE PARKWAY, 2ND FLOOR, CHARLOTTE NC 28217
Gordon M Burns	other: See Remark (a)	AZTAR CORPORATION, 2390 E. CAMELBACK RD., SUITE 400, PHOENIX AZ 85016
Compass Group Investments, Ltd.	10 percent owner	BELVEDERE BUILDING, 69 PITTS BAY ROAD, HAMILTON HM 08 D0 00000
Patrick A Maciariello	other: See Remarks (a)	301 RIVERSIDE AVENUE, SECOND FLOOR, WESTPORT CT 06880
Elias Sabo	other: See Remarks (a)	2709 WATER RIDGE PARKWAY, 2ND FLOOR, CHARLOTTE NC 28217
Simon Heidi Locke	other: See Remark (a)	26 KENSETT LANE, DARIEN CT 06820
Sarah Gaines Mccoy	other: See Remark (a)	6300 MERRILL CREEK PARKWAY, SUITE B, EVERETT WA 98203-5862
C Sean Day	other: See Remark (a)
D Eugene Ewing	other: See Remark (a)	SIXTY ONE WILTON ROAD, SECOND FLOOR, WESTPORT CT 06880