Arco Resources (FRA:MJ72) ROCE % : -40.63% (As of Mar. 2024)

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What is Arco Resources 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. Arco Resources's annualized ROCE % for the quarter that ended in Mar. 2024 was -40.63%.

Arco Resources ROCE % Historical Data

The historical data trend for Arco Resources'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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Arco Resources ROCE % Chart

Arco Resources Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-243.04

-33.79

-5.89

0.61

-10.95

Arco Resources Quarterly Data
	Apr19	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															-2.39	-10.08	-52.36	12.81	-40.63

Arco Resources ROCE % Calculation

Arco Resources'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 )
	=	-21.844	/	( ( (325.427 - 73.113)	+	(242.046 - 95.368) )	/ 2 )
	=	-21.844	/	( (252.314	+	146.678)	/ 2 )
	=	-21.844	/	199.496
	=	-10.95 %

Arco Resources'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 )
	=	-58.36	/	( ( (242.046 - 95.368)	+	(241.036 - 100.45) )	/ 2 )
	=	-58.36	/	( ( 146.678	+	140.586 )	/ 2 )
	=	-58.36	/	143.632
	=	-40.63 %

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

Arco Resources (FRA:MJ72) 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.

Arco Resources ROCE % Related Terms

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Arco Resources (FRA:MJ72) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Arco Resources Corp (FRA:MJ72) » Definitions » ROCE %

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FFNTF:USA FFNT:Canada

Address

5060 North 40th Street, Suite 120, Phoenix, AZ, USA, 85018

Website

https://www.4frontventures.com

4Front Ventures Corp is a Canadian-based company. It is engaged in the cultivation, processing, extracting, manufacturing, and distribution of cannabis products. It operates in two segments: THC Cannabis and CBD Wellness. The THC Cannabis segment engages in the production and cultivation of THC cannabis, manufacturing and distribution of cannabis products to own dispensaries and third-party retail customers. The CBD Wellness segment encompasses the production and sale of CBD products to third-party customers.

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