Trees (CANN) ROCE % : -42.16% (As of Dec. 2023)

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What is Trees 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. Trees's annualized ROCE % for the quarter that ended in Dec. 2023 was -42.16%.

Trees ROCE % Historical Data

The historical data trend for Trees'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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Trees ROCE % Chart

Trees Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-60.99

-29.77

-20.85

Trees 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															-86.30	-18.65	-19.20	-6.21	-42.16

Trees ROCE % Calculation

Trees'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 )
	=	-4.319	/	( ( (31.695 - 6.14)	+	(23.247 - 7.365) )	/ 2 )
	=	-4.319	/	( (25.555	+	15.882)	/ 2 )
	=	-4.319	/	20.7185
	=	-20.85 %

Trees'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 )
	=	-7.004	/	( ( (27.502 - 10.155)	+	(23.247 - 7.365) )	/ 2 )
	=	-7.004	/	( ( 17.347	+	15.882 )	/ 2 )
	=	-7.004	/	16.6145
	=	-42.16 %

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

Trees (OTCPK:CANN) 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.

Trees ROCE % Related Terms

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Trees (CANN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Trees Corp (OTCPK:CANN) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

215 Union Boulevard, Suite 415, Lakewood, CO, USA, 80228

Website

https://www.treescann.com

Trees Corp is a vertically-integrated cannabis company and multi-state operator in the United States. It has two segments Retail and Cultivation. It is pursuing a roll-up plan of licensed assets in mature markets while maintaining loyal, local customer bases. TREES owns and operates a light-deprivation greenhouse and a campus of indoor cultivation facilities in Boulder, dispensaries in Englewood, Longmont and Berthoud, Colorado and three dispensaries in Portland, Oregon.

Executives

Carl J Williams	director	10 GLENLAKE PARKWAY, NORTH TOWER, ATLANTA GA 30189
Richard C. Travia	director	6565 E. EVANS AVENUE, DENVER CO 80224
Allyson Feiler Downing	director	3556 W 62ND AVENUE, DENVER CO 80221
Timothy Earl Brown	director, 10 percent owner	2301 W 30TH AVENUE, DENVER CO 80211
Diane Jones	officer: CHIEF FINANCIAL OFFICER	6565 E. EVANS AVENUE, DENVER CO 80224
Seth Oster	director	C/O GENERAL CANNABIS CORP, 6565 EAST EVANS AVENUE, DENVER CO 80224
Mark D. Green	director	C/O GENERAL CANNABIS CORP, 6565 EAST EVANS AVENUE, DENVER CO 80224
Peter Boockvar	director	C/O MILLER TABAK + CO.,, 331 MADISON AVENUE, NEW YORK NY 10017
John Barker Dalton	director, 10 percent owner	6565 E. EVANS AVENUE, DENVER CO 80224
Adam Hershey	10 percent owner	140 RIVERSIDE BOULEVARD, APT 2302, NEW YORK NY 10069
Hershey Strategic Capital, Lp	10 percent owner	C/O HERSHEY STRATEGIC CAPITAL GP, LLC, 6 POMPANO ROAD, RUMSON NJ 07760
Hershey Management I, Llc.	10 percent owner	888 7TH AVENUE, 17TH FLOOR, NEW YORK NY 10019
Hershey Strategic Capital Gp, Llc	10 percent owner	888 7TH AVENUE, 17TH FLOOR, NEW YORK NY 10019
Shore Ventures Iii, Lp	10 percent owner	C/O HERSHEY MANAGEMENT IV, LLC, 6 POMPANO ROAD, RUMSON NJ 07760
Hershey Management Iv, Llc	10 percent owner	6 POMPANO ROAD, RUMSON NJ 07760