Vestiage (Vestiage) ROCE % : 0.00% (As of Dec. 2023)

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What is Vestiage 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. Vestiage's annualized ROCE % for the quarter that ended in Dec. 2023 was 0.00%.

Vestiage ROCE % Historical Data

The historical data trend for Vestiage'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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Vestiage ROCE % Chart

Vestiage Annual Data

Trend

Dec22

Dec23

ROCE %

Vestiage Quarterly Data
	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial			-	-	-	-	-

Vestiage ROCE % Calculation

Vestiage'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 )
	=	-0.057	/	( ( (0.001 - 0.01)	+	(0 - 0.058) )	/ 2 )
	=	-0.057	/	( (-0.009	+	-0.058)	/ 2 )
	=	-0.057	/	-0.0335
	=	170.15 %

Vestiage'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 )
	=	-0.04	/	( ( (0.001 - 0.056)	+	(0 - 0.058) )	/ 2 )
	=	-0.04	/	( ( -0.055	+	-0.058 )	/ 2 )
	=	-0.04	/	-0.0565
	=	0 %

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

Vestiage (OTCPK:VEST) 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.

Vestiage ROCE % Related Terms

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Vestiage (Vestiage) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Vestiage Inc (OTCPK:VEST) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

PO Box 26496, Scottsdale, AZ, USA, 85255

Website

http://www.vestiage.com

Vestiage Inc is a healthy-living consumer products company. Vestiage acquires, markets, creates and distributes the science-based, effective, healthy aging and healthy living nutraceutical brands. Vestiage's key product is RegiMEN Male Healthy Aging Supplements. Its product line is being sold through dermatologists, estheticians, plastic surgeons, and prestige spas and salons.

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