Algreen (XPAR:ALGRE) ROCE % : -378.84% (As of Sep. 2023)

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What is Algreen 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. Algreen's annualized ROCE % for the quarter that ended in Sep. 2023 was -378.84%.

Algreen ROCE % Historical Data

The historical data trend for Algreen'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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Algreen ROCE % Chart

Algreen Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

ROCE %

-191.59

-73.24

-71.15

-91.89

-69.58

Algreen Semi-Annual Data
	Dec16	Dec17	Dec18	Dec19	Dec20	Jun21	Sep22	Mar23	Sep23
ROCE %	Get a 7-Day Free Trial				-	-61.46	-15.28	-2.61	-378.84

Algreen ROCE % Calculation

Algreen's annualized ROCE % for the fiscal year that ended in Dec. 2020 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2020 )		(A: Dec. 2019 )		(A: Dec. 2020 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2020 )		(A: Dec. 2019 )		(A: Dec. 2020 )
	=	-1.545	/	( ( (2.283 - 0.738)	+	(3.78 - 0.884) )	/ 2 )
	=	-1.545	/	( (1.545	+	2.896)	/ 2 )
	=	-1.545	/	2.2205
	=	-69.58 %

Algreen's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Mar. 2023 )		(Q: Sep. 2023 )
	=	-48.024	/	( ( (13.195 - 0.192)	+	(14.15 - 1.8) )	/ 2 )
	=	-48.024	/	( ( 13.003	+	12.35 )	/ 2 )
	=	-48.024	/	12.6765
	=	-378.84 %

(1) Note: The EBIT data used here is two times the semi-annual (Sep. 2023) EBIT data.

Algreen (XPAR:ALGRE) 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.

Algreen ROCE % Related Terms

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Algreen (XPAR:ALGRE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Algreen (XPAR:ALGRE) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Dieu 9 Rue des cuirassiers, Wellio Lyon Part, Lyon, FRA, 69003

Website

http://www.lestoquesblanchesdumonde.com

Algreen engages in the distribution of food products. It specializes in multi-activity agrifood with a strategy of integrating companies, industries, and brands within the same group while favoring traditional and innovative SMEs.

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