Herbal Dispatch (XCNQ:HERB) ROCE % : -62.82% (As of Mar. 2024)

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What is Herbal Dispatch 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. Herbal Dispatch's annualized ROCE % for the quarter that ended in Mar. 2024 was -62.82%.

Herbal Dispatch ROCE % Historical Data

The historical data trend for Herbal Dispatch'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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Herbal Dispatch ROCE % Chart

Herbal Dispatch Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-290.26

-57.53

-28.86

-66.14

-30.45

Herbal Dispatch Quarterly Data
	Sep18	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															-39.98	-22.39	-33.12	-26.26	-62.82

Herbal Dispatch ROCE % Calculation

Herbal Dispatch'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 )
	=	-1.88	/	( ( (7.942 - 1.208)	+	(8.187 - 2.574) )	/ 2 )
	=	-1.88	/	( (6.734	+	5.613)	/ 2 )
	=	-1.88	/	6.1735
	=	-30.45 %

Herbal Dispatch's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	-2.992	/	( ( (8.187 - 2.574)	+	(8.159 - 4.247) )	/ 2 )
	=	-2.992	/	( ( 5.613	+	3.912 )	/ 2 )
	=	-2.992	/	4.7625
	=	-62.82 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

Herbal Dispatch (XCNQ:HERB) 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.

Herbal Dispatch ROCE % Related Terms

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Herbal Dispatch (XCNQ:HERB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Herbal Dispatch Inc (XCNQ:HERB) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

LUFFF:USA

Address

DS Lawyers Canada LLP, 543 Granville Street, Suite 800, Vancouver, BC, CAN, V6C 1X8

Website

https://www.herbaldispatch.com

Herbal Dispatch Inc owns and operates cannabis e-commerce platforms in both Canada and the United States and is dedicated to providing top-quality cannabis to informed consumers at affordable pricing. The company's flagship cannabis marketplace, Herbal Dispatch, is a trusted source for exclusive access to small-batch craft cannabis flowers and a wide array of other product formats.

Executives

Herb Dhaliwal

Director

Herbal Dispatch (XCNQ:HERB) Headlines

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