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H-Farm Ventures SpA (MIL:FARM) ROCE % : -19.77% (As of Feb. 2023)


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What is H-Farm Ventures SpA 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. H-Farm Ventures SpA's annualized ROCE % for the quarter that ended in Feb. 2023 was -19.77%.


H-Farm Ventures SpA ROCE % Historical Data

The historical data trend for H-Farm Ventures SpA'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.

* Premium members only.

H-Farm Ventures SpA ROCE % Chart

H-Farm Ventures SpA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
ROCE %
Get a 7-Day Free Trial -16.13 -11.61 -38.51 -43.35 -12.44

H-Farm Ventures SpA Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Feb23 Aug23
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -31.45 7.44 -32.91 -19.77 -

H-Farm Ventures SpA ROCE % Calculation

H-Farm Ventures SpA's annualized ROCE % for the fiscal year that ended in Dec. 2021 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=-3.991/( ( (66.535 - 31.451) + (62.904 - 33.805) )/ 2 )
=-3.991/( (35.084+29.099)/ 2 )
=-3.991/32.0915
=-12.44 %

H-Farm Ventures SpA's ROCE % of for the quarter that ended in Feb. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Feb. 2023 )  (Q: Jun. 2022 )(Q: Feb. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Feb. 2023 )  (Q: Jun. 2022 )(Q: Feb. 2023 )
=-5.416/( ( (66.355 - 42.583) + (54.993 - 23.965) )/ 2 )
=-5.416/( ( 23.772 + 31.028 )/ 2 )
=-5.416/27.4
=-19.77 %

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


H-Farm Ventures SpA  (MIL:FARM) 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.


H-Farm Ventures SpA ROCE % Related Terms

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H-Farm Ventures SpA (MIL:FARM) Business Description

Traded in Other Exchanges
Address
Tenuta Ca 'Tron, Via Sile, 41 - 31056 Roncade, Treviso, ITA
H-Farm Ventures SpA supports the creation of new business models through investments in start-ups, enables digital transformation by providing innovative methods and approaches in digital education.