Kisses From Italy (Kisses From Italy) ROCE % : -42,523.08% (As of Sep. 2023)

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What is Kisses From Italy 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. Kisses From Italy's annualized ROCE % for the quarter that ended in Sep. 2023 was -42,523.08%.

Kisses From Italy ROCE % Historical Data

The historical data trend for Kisses From Italy'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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Kisses From Italy ROCE % Chart

Kisses From Italy Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

ROCE %

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Kisses From Italy Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
ROCE %	Get a 7-Day Free Trial															-175.81	-156.56	-	-53,111.11	-42,523.08

Kisses From Italy ROCE % Calculation

Kisses From Italy's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	-0.498	/	( ( (0.215 - 0.187)	+	(0.922 - 1.105) )	/ 2 )
	=	-0.498	/	( (0.028	+	-0.183)	/ 2 )
	=	-0.498	/	-0.0775
	=	642.58 %

Kisses From Italy's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	-5.528	/	( ( (0.604 - 0.479)	+	(0.63 - 0.729) )	/ 2 )
	=	-5.528	/	( ( 0.125	+	-0.099 )	/ 2 )
	=	-5.528	/	0.013
	=	-42,523.08 %

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

Kisses From Italy (OTCPK:KITL) 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.

Kisses From Italy ROCE % Related Terms

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Kisses From Italy (Kisses From Italy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Kisses From Italy Inc (OTCPK:KITL) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

80 SW 8th Street, Suite 2000, Miami, FL, USA, 33130

Website

https://www.kissesfromitaly.com

Kisses From Italy Inc in Florida is engaged in developing a fast-casual food dining chain restaurant business. It offers deli paninis including fresh cheese Panini, prosciutto, salami, calicollo, bresaola, and turkey paninis. The company also offers espresso, cappuccino, and other coffee drinks, soft drinks, bottled water, and juices, as well as various flavors of granite. In addition to its company operated restaurants, it is engaged in franchising restaurant concept so that it can build market share and brand awareness.

Executives

Denis Senecal	director	866 DU RIVAGE, SAINT-ANTOINE-SUR-RICHELIEU A8 JOL 1RO
Turi Michele Di	director, officer: CO-CEO/President	3100 BOUL. DES GOUVERNEURS, LAVAL A8 H7E 5J3
Claudio Ferri	director, officer: CO-CEO/CFO	12280 53RD AVENUE, MONTREAL A8 H1E 0A5
Leonardo Fraccalvieri	director, officer: Chief Operating Officer	VIA DEPRETIS 9, SANNICANDRO DI BARI L6 70028