CLS Holdings USA (CLS Holdings USA) ROCE % : 0.00% (As of Feb. 2024)

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What is CLS Holdings USA 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. CLS Holdings USA's annualized ROCE % for the quarter that ended in Feb. 2024 was 0.00%.

CLS Holdings USA ROCE % Historical Data

The historical data trend for CLS Holdings USA'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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CLS Holdings USA ROCE % Chart

CLS Holdings USA Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

ROCE %

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-118.84

-104.67

-97.44

CLS Holdings USA Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
ROCE %	Get a 7-Day Free Trial															49.43	-	-	-	-

CLS Holdings USA ROCE % Calculation

CLS Holdings USA's annualized ROCE % for the fiscal year that ended in May. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: May. 2023 )		(A: May. 2022 )		(A: May. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: May. 2023 )		(A: May. 2022 )		(A: May. 2023 )
	=	-9.957	/	( ( (15.828 - 28.112)	+	(10.071 - 16.341) )	/ 2 )
	=	-9.957	/	( (-12.284	+	-6.27)	/ 2 )
	=	-9.957	/	-9.277
	=	107.33 %

CLS Holdings USA's ROCE % of for the quarter that ended in Feb. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Feb. 2024 )		(Q: Nov. 2023 )		(Q: Feb. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Feb. 2024 )		(Q: Nov. 2023 )		(Q: Feb. 2024 )
	=	-14.696	/	( ( (10.692 - 19.453)	+	(9.13 - 13.531) )	/ 2 )
	=	-14.696	/	( ( -8.761	+	-4.401 )	/ 2 )
	=	-14.696	/	-6.581
	=	0 %

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

CLS Holdings USA (OTCPK:CLSH) 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.

CLS Holdings USA ROCE % Related Terms

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CLS Holdings USA (CLS Holdings USA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » CLS Holdings USA Inc (OTCPK:CLSH) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

CLSH:Canada

Address

1800 Industrial Road, Suite 100, Las Vegas, NV, USA, 89102

Website

https://www.clsholdingsinc.com

CLS Holdings USA Inc is a diversified cannabis company that acts as an integrated cannabis producer and retailer through its Oasis Cannabis subsidiaries in Nevada and plans to expand to other states. CLS stands for Cannabis Life Sciences in recognition of the company's patented proprietary method of extracting various cannabinoids from the marijuana plant and converting them into products with a higher level of quality and consistency. The company's business model includes licensing operations, processing operations, processing facilities, sale of products, brand creation and consulting services. The company generates the majority of its revenues and corresponding accounts receivable from the sale of cannabis, and cannabis related products.

Executives

Ross Silver	director	516 SW 13TH STREET, SUITE 201, BEND OR 97702
Andrew Glashow	director	1C BOWENS LANDING, NEWPORT RI 02840
Tribeca Investment Partners Pty Ltd	10 percent owner	LEVEL 23, 1 O'CONNELL STREET, SYDNEY C3 2000
David Zelinger	director	C/O CLS HOLDINGS USA, INC., 11767 SOUTH DIXIE HIGHWAY, SUITE 115, MIAMI FL 33156
Charlene Soco	officer: Executive VP of Finance	C/O CLS HOLDINGS USA, INC., 11767 SOUTH DIXIE HIGHWAY, SUITE 115, MIAMI FL 33156
Chetan Gulati	10 percent owner	28 REICHERT CIRCLE, WESTPORT CT 06880
Todd V Swanson	10 percent owner	10120 W. FLAMINGO ROAD, #4333, LAS VEGAS NV 89147
Gregg E. Carlson	officer: Chief Financial Officer	2342 MALAGA PEAK STREET, LAS VEGAS NV 89135
Navy Capital Green Management Llc	10 percent owner, other: See Remark(1)	482 BAYBERRY LANE, MOUNTAINSIDE NJ 07092
Navy Capital Green Co-invest Partners Llc	10 percent owner, other: See Remark(1)	28 REICHERT CIRCLE, WESTPORT CT 06880
Navy Capital Green Co-invest Fund, Llc	10 percent owner	28 REICHERT CIRCLE, WESTPORT CT 06880
Navy Capital Green Management Partners Llc	10 percent owner	28 REICHERT CIRCLE, WESTPORT CT 06880
John Kaden	10 percent owner	28 REICHERT CIRCLE, WESTPORT CT 06880
Sean Stiefel	10 percent owner	28 REICHERT CIRCLE, WESTPORT CT 06880
Navy Capital Green Fund, Lp	10 percent owner, other: See Remark(2)	NAVY CAPITAL GREEN MANAGEMENT, LLC, 28 REICHERT CIRCLE, WESTPORT CT 06880