Verde Bio Holdings (Verde Bio Holdings) ROCE % : -605.99% (As of Jan. 2024)

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What is Verde Bio 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. Verde Bio Holdings's annualized ROCE % for the quarter that ended in Jan. 2024 was -605.99%.

Verde Bio Holdings ROCE % Historical Data

The historical data trend for Verde Bio 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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Verde Bio Holdings ROCE % Chart

Verde Bio Holdings Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

ROCE %

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-107.51

-57.38

Verde Bio Holdings Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
ROCE %	Get a 7-Day Free Trial															-58.68	-65.33	-58.29	-69.39	-605.99

Verde Bio Holdings ROCE % Calculation

Verde Bio Holdings's annualized ROCE % for the fiscal year that ended in Apr. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Apr. 2023 )		(A: Apr. 2022 )		(A: Apr. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Apr. 2023 )		(A: Apr. 2022 )		(A: Apr. 2023 )
	=	-1.708	/	( ( (5.085 - 1.453)	+	(4.16 - 1.839) )	/ 2 )
	=	-1.708	/	( (3.632	+	2.321)	/ 2 )
	=	-1.708	/	2.9765
	=	-57.38 %

Verde Bio Holdings's ROCE % of for the quarter that ended in Jan. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jan. 2024 )		(Q: Oct. 2023 )		(Q: Jan. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jan. 2024 )		(Q: Oct. 2023 )		(Q: Jan. 2024 )
	=	-5.972	/	( ( (3.698 - 2.013)	+	(1.883 - 1.597) )	/ 2 )
	=	-5.972	/	( ( 1.685	+	0.286 )	/ 2 )
	=	-5.972	/	0.9855
	=	-605.99 %

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

Verde Bio Holdings (OTCPK:VBHI) 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.

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Verde Bio Holdings (Verde Bio Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Verde Bio Holdings Inc (OTCPK:VBHI) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

5750 Genesis Court, Suite 220B, Frisco, TX, USA, 75034

Website

https://www.verdebh.com

Verde Bio HLDGS Inc is a growing United States-based energy company. It is engaged in the acquisition and development of high-probability, lower-risk onshore oil, and gas properties within the United States. The Company focuses on the acquisition and exploitation of upstream energy assets, specifically targeting oil and gas mineral interests, oil and gas royalty interests and select non-operated working interests.

Executives

Scott Cox	director, officer: Chief Executive Officer	5750 GENESIS COURT, SUITE 220B, FRISCO TX 75034
Jesse Keller	director, 10 percent owner, officer: PRESIDENT, CEO, CFO	2296 CAPISTRANO DR, KELOWNA A1 V1V 2A2