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SRM Entertainment (SRM Entertainment) ROCE % : -70.60% (As of Dec. 2023)


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What is SRM Entertainment 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. SRM Entertainment's annualized ROCE % for the quarter that ended in Dec. 2023 was -70.60%.

SRM Entertainment ROCE % Historical Data

The historical data trend for SRM Entertainment'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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SRM Entertainment ROCE % Chart

SRM Entertainment Annual Data
Trend Dec22 Dec23
ROCE %
24.24 -71.29

SRM Entertainment Quarterly Data
Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
ROCE % Get a 7-Day Free Trial -47.27 -12.86 -257.14 -258.77 -70.60

SRM Entertainment ROCE % Calculation

SRM Entertainment'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 )
=-1.998/( ( (2.08 - 0.599) + (4.543 - 0.419) )/ 2 )
=-1.998/( (1.481+4.124)/ 2 )
=-1.998/2.8025
=-71.29 %

SRM Entertainment'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 )
=-3.028/( ( (4.967 - 0.513) + (4.543 - 0.419) )/ 2 )
=-3.028/( ( 4.454 + 4.124 )/ 2 )
=-3.028/4.289
=-70.60 %

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

* 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.

SRM Entertainment  (NAS:SRM) 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.

SRM Entertainment ROCE % Related Terms

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SRM Entertainment (SRM Entertainment) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » SRM Entertainment Inc (NAS:SRM) » Definitions » ROCE %
Comparable Companies
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Traded in Other Exchanges
N/A
Address
1061 E Indiantown Road, Suite 110, Jupiter, FL, USA, 33477
Website
https://www.srmentertainment.com
SRM Entertainment Inc is a trusted toy and souvenir designer and developer, selling into the world's largest theme parks and entertainment venues. SRM has developed, manufactured, and supplied the entertainment and amusement park industry with exclusive products that are often only available to consumers inside SRM's worldwide customer bases venues such as Walt Disney Parks and Resorts, Universal Studios, SeaWorld, Six Flags, Great Wolf Lodge, Dollywood, and Merlin Entertainment.
Executives
Hans Haywood director 1061 E. INDIANTOWN ROAD, SUITE 110, JUPITER FL 33477
Brian John director, officer: Secretary 1500 GATEWAY BLVD, SUITE 220, BOYNTON BEACH FL 33426
Gary L Herman director 720 FIFTH AVE, 10TH FLOOR, NEW YORK NY 10019
Douglas O Mckinnon officer: Chief Financial Officer 2104 RIDGE PLAZA DR, CASTLE ROCK CO 80108
Christopher Melton director C/O SG BLOCKS, INC., 400 MADISON AVENUE, SUITE 16C, NEW YORK NY 10017
Richard A Miller director, officer: Chief Executive Officer 1500 GATEWAY BLVD, SUITE 220, BOYNTON BEACH FL 33426
Jupiter Wellness, Inc. 10 percent owner 1061 E. INDIANTOWN RD., STE. 110, JUPITER FL 33477
Taft Bryan Flittner officer: President 1129 WILKINSON STREET, ORLANDO FL 32803
Deborah Lynn Mcdaniel-hand officer: VP of Production Development 1425 WAKULLA WAY, ORLANDO FL 32839