Laird Superfood (Laird Superfood) ROCE % : 1.37% (As of Dec. 2023)

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What is Laird Superfood 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. Laird Superfood's annualized ROCE % for the quarter that ended in Dec. 2023 was 1.37%.

Laird Superfood ROCE % Historical Data

The historical data trend for Laird Superfood'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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Laird Superfood ROCE % Chart

Laird Superfood Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-46.40

-27.37

-33.80

-56.59

-59.04

Laird Superfood Quarterly Data
	Dec18	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															-91.60	-83.08	-84.93	-77.20	1.37

Laird Superfood ROCE % Calculation

Laird Superfood'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 )
	=	-10.699	/	( ( (30.039 - 7.452)	+	(18.032 - 4.376) )	/ 2 )
	=	-10.699	/	( (22.587	+	13.656)	/ 2 )
	=	-10.699	/	18.1215
	=	-59.04 %

Laird Superfood'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 )
	=	0.184	/	( ( (19.394 - 6.115)	+	(18.032 - 4.376) )	/ 2 )
	=	0.184	/	( ( 13.279	+	13.656 )	/ 2 )
	=	0.184	/	13.4675
	=	1.37 %

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

Laird Superfood (AMEX:LSF) 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.

Laird Superfood ROCE % Related Terms

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Laird Superfood (Laird Superfood) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Laird Superfood Inc (AMEX:LSF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

5303 Spine Road, Suite 204, Boulder, CO, USA, 80301

Website

https://www.lairdsuperfood.com

Laird Superfood Inc is engaged in the business of manufacturing and marketing differentiated plant-based and functional foods. The product portfolio includes Coffee creamers, Hydration products and beverage-enhancing supplements, Harvest snacks and other food items, and Coffee, tea, and hot chocolate products.

Executives

Anna Hamill	officer: Chief Financial Officer	C/O LAIRD SUPERFOOD, INC., 275 W. LUNDGREN MILL DRIVE, SISTERS OR 97759
Steven L Richie	officer: General Counsel and Secretary	44111 NOBEL DRIVE, FREMONT CA 94538
Andrew Judd	officer: Chief Commercial Officer	275 W. LUNDGREN MILL DRIVE, SISTERS OR 97759
Gregory B Graves	director	129 CONCORD ROAD, BILLERICA MA 01821
Jason D. Vieth	director, officer: Chief Executive Officer	C/O SOVOS BRANDS, INC., 168 CENTENNIAL PARKWAY, SUITE 200, LOUISVILLE CO 80027
Grant J Lamontagne	director	1221 BROADWAY, OAKLAND CA 94612
Patrick Gaston	director	C/O BED BATH & BEYOND INC., 650 LIBERTY AVENUE, UNION NJ 07083
Paul Jr. Hodge	director, officer: Chief Executive Officer	C/O LAIRD SUPERFOOD, INC., 275 W. LUNDGREN MILL DRIVE, SISTERS OR 97759
Scott Mcguire	officer: Chief Operating Officer	C/O LAIRD SUPERFOOD, INC., 275 W. LUNDGREN MILL DRIVE, SISTERS OR 97759
Andrew J. Mccormick	officer: General Counsel and Secretary	C/O LAIRD SUPERFOOD, INC., 275 W. LUNDGREN MILL DRIVE, SISTERS OR 97759
Valerie Ells	officer: Chief Financial Officer	C/O LAIRD SUPERFOOD, INC., 275 W. LUNDGREN MILL DRIVE, SISTERS OR 97759
Laird Hamilton	director, officer: Chief Innovator	C/O LAIRD SUPERFOOD, INC., 275 W. LUNDGREN MILL DRIVE, SISTERS OR 97759
S.a. Danone	10 percent owner	17, BOULEVARD HAUSSMANN, PARIS I0 75009
Danone Manifesto Ventures, Pbc	10 percent owner	12 WEST 21ST STREET, 12TH FLOOR, NEW YORK NY 10010
Jim Buechler	director	C/O LAIRD SUPERFOOD, INC., 275 W. LUNDGREN MILL DRIVE, SISTERS OR 97759