Phoenix Footwear Group (Phoenix Footwear Group) ROCE % : -1.44% (As of Dec. 2023)

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What is Phoenix Footwear Group 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. Phoenix Footwear Group's annualized ROCE % for the quarter that ended in Dec. 2023 was -1.44%.

Phoenix Footwear Group ROCE % Historical Data

The historical data trend for Phoenix Footwear Group'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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Phoenix Footwear Group ROCE % Chart

Phoenix Footwear Group Annual Data

Trend

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec18

Dec19

Dec22

Dec23

ROCE %

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-76.79

25.10

16.81

70.39

-1.32

Phoenix Footwear Group Quarterly Data
	Mar10	Jun10	Sep10	Dec10	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															94.29	16.48	2.46	-31.85	-1.44

Phoenix Footwear Group ROCE % Calculation

Phoenix Footwear Group'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 )
	=	-0.046	/	( ( (17.666 - 12.554)	+	(14.958 - 13.113) )	/ 2 )
	=	-0.046	/	( (5.112	+	1.845)	/ 2 )
	=	-0.046	/	3.4785
	=	-1.32 %

Phoenix Footwear Group'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 )
	=	-0.028	/	( ( (15.526 - 13.476)	+	(14.958 - 13.113) )	/ 2 )
	=	-0.028	/	( ( 2.05	+	1.845 )	/ 2 )
	=	-0.028	/	1.9475
	=	-1.44 %

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

Phoenix Footwear Group (OTCPK:PXFG) 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.

Phoenix Footwear Group ROCE % Related Terms

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Phoenix Footwear Group (Phoenix Footwear Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Phoenix Footwear Group Inc (OTCPK:PXFG) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

2236 Rutherford Road, Suite 113, Carlsbad, CA, USA, 92008

Website

https://www.phoenixfootwear.com

Phoenix Footwear Group Inc operates in the footwear industry. It is engaged in the manufacturing and distribution of footwear in a range of sizes and widths under the brand's Trotters, SoftWalk, SAVA, and Bueno. The company's distribution channels include specialty and independent retail stores, mail order catalogs, uniforms, and internet retailers. It also operates it's own direct-to-consumer internet retail business for all its brands.

Executives

Riedman Corp	other: member of 10% group	45 EAST AVENUE ROCHESTER NY 14604
Steven Tannenbaum	10 percent owner	125 COUNTRY CLUB ROAD NEWTON MA 02459
Greenwood Investments, Inc.	10 percent owner	222 BERKELEY STREET 12TH FLOOR BOSTON MA 02116
Greenwood Capital Limited Partnership	10 percent owner	222 BERKELEY STREET 12TH FLOOR BOSTON MA 02116
Greenwood Investors Limited Partnership	10 percent owner	222 BERKELEY STREET FLOOR 17 BOSTON MA 02116
Gregory W Slack	officer: CFO	2765 LOKER AVENUE WEST CARLSBAD CA 92010
Robby Lee Carter	other: Executive Vice President	303 YARD DRIVE LAKE ST. LOUIS MO 63367
Kevin G Wulff	director	1740 MONROVIA AVENUE COSTA MESA CA 92627
Dennis Nelson	officer: CFO, Secretary and Treasurer	5840 EL CAMINO REAL, SUITE 106, CARLSBAD CA 92008
Cathy B Taylor	director, officer: Chief Executive Officer	5840 EL CAMINO REAL SUITE 106 CARLSBAD CA 92008
Paul Douglas Ford	officer: Senior VP of Operations	5840 EL CAMINO REAL SUITE 106 CARLSBAD CA 92008
Willie Pfander	director, officer: Senior VP-Sourcing and Develop
Greg Harden	director
Steven Deperrier	director
John C Kratzer	director	PO BOX 116 4806 EL MARLO RANCHO SANTA FE CA 92067

Phoenix Footwear Group (Phoenix Footwear Group) Headlines

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