Stryve Foods (Stryve Foods) ROCE % : -86.39% (As of Dec. 2023)

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What is Stryve Foods 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. Stryve Foods's annualized ROCE % for the quarter that ended in Dec. 2023 was -86.39%.

Stryve Foods ROCE % Historical Data

The historical data trend for Stryve Foods'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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Stryve Foods ROCE % Chart

Stryve Foods Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

ROCE %

-297.29

-112.60

-62.36

Stryve Foods Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial										-52.87	-54.40	-47.07	-59.88	-86.39

Stryve Foods ROCE % Calculation

Stryve Foods'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 )
	=	-15.408	/	( ( (39.56 - 7.081)	+	(32.712 - 15.772) )	/ 2 )
	=	-15.408	/	( (32.479	+	16.94)	/ 2 )
	=	-15.408	/	24.7095
	=	-62.36 %

Stryve Foods'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 )
	=	-16.64	/	( ( (35.397 - 13.814)	+	(32.712 - 15.772) )	/ 2 )
	=	-16.64	/	( ( 21.583	+	16.94 )	/ 2 )
	=	-16.64	/	19.2615
	=	-86.39 %

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

Stryve Foods (NAS:SNAX) 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.

Stryve Foods ROCE % Related Terms

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Stryve Foods (Stryve Foods) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Stryve Foods Inc (NAS:SNAX) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

5801 Tennyson Parkway, Suite 275, Plano, TX, USA, 75024

Website

https://www.stryve.com

Stryve Foods Inc is focused on manufacturing and marketing highly differentiated healthy snacks that disrupt traditional snacking categories. It offers convenient snacks that are lower in sugar and carbohydrates and higher in protein than other snacks. Stryve offers all-natural, delicious snacks which it believes are a nutritious and conveniently healthy snacking option for on-the-go lives.

Executives

Christopher J. Boever	director, officer: CEO	C/O THE HAIN CELESTIAL GROUP, INC., 1111 MARCUS AVENUE, LAKE SUCCESS NY 11042
B. Luke Weil	director	CARRERA 10 NO. 28-49, TORRE A. OFICINA 20-05, BOGOTA F8 XXXXX
Kevin Vivian	director	5801 TENNYSON PKWY SUITE 275, PLANO TX 75024
Mauricio Orellana	director	250 WEST 57TH ST., NEW YORK NY 10107
Alex Hawkins	officer: CFO	5801 TENNYSON PKWY SUITE 275, PLANO TX 75024
Chris Whitehair	director	7301 OHMS LANE SUITE 600, EDINA MN 55439
Ramsey Robert D. Iii	director	5801 TENNYSON PKWY SUITE 275, PLANO TX 75024
Ted Casey	director	5801 TENNYSON PKWY SUITE 275, PLANO TX 75024
Gregory Stephen Christenson	director	500 WEST 5TH STREET, AUSTIN TX 78701
Joe A Oblas	director, officer: Co-Chief Executive Officer	65 INVERNESS DRIVE EAST, SUITE 105, ENGLEWOOD CO 80112
Charles D Vogt	director	TEKELEC, 26580 WEST AGOURA ROAD, CALABASAS CA 91302
Efrem Kamen	10 percent owner	C/O PURA VIDA INVESTMENTS, LLC, 512 W 22ND STREET, 7TH FLOOR, NEW YORK NY 10011
Pura Vida Investments, Llc	10 percent owner	512 W 22ND STREET, 7TH FLOOR, NEW YORK NY 10011
Jaxie S. Alt	director, officer: Co-CEO & CMO	5301 LEGACY DRIVE, PLANO TX 75024
Stryve Foods Holdings, Llc	10 percent owner	5801 TENNYSON PARKWAY, SUITE 275, PLANO TX 75024