National Hydro Power Co (XNEP:NHPC) ROCE % : 2.27% (As of Oct. 2023)

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What is National Hydro Power Co 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. National Hydro Power Co's annualized ROCE % for the quarter that ended in Oct. 2023 was 2.27%.

National Hydro Power Co ROCE % Historical Data

The historical data trend for National Hydro Power Co'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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National Hydro Power Co ROCE % Chart

National Hydro Power Co Annual Data

Trend

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

ROCE %

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5.76

3.85

6.99

7.32

46.07

National Hydro Power Co Quarterly Data
	Jul18	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Oct22	Jan23	Apr23	Oct23
ROCE %	Get a 7-Day Free Trial															10.51	4.40	3.92	-2.68	2.27

National Hydro Power Co ROCE % Calculation

National Hydro Power Co's annualized ROCE % for the fiscal year that ended in Jul. 2021 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jul. 2021 )		(A: Jul. 2020 )		(A: Jul. 2021 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jul. 2021 )		(A: Jul. 2020 )		(A: Jul. 2021 )
	=	658.755	/	( ( (1188.942 - 74.657)	+	(1798.99 - 53.496) )	/ 2 )
	=	658.755	/	( (1114.285	+	1745.494)	/ 2 )
	=	658.755	/	1429.8895
	=	46.07 %

National Hydro Power Co's ROCE % of for the quarter that ended in Oct. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Oct. 2023 )		(Q: Apr. 2023 )		(Q: Oct. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Oct. 2023 )		(Q: Apr. 2023 )		(Q: Oct. 2023 )
	=	51.336	/	( ( (2010.794 - 115.857)	+	(2862.916 - 230.071) )	/ 2 )
	=	51.336	/	( ( 1894.937	+	2632.845 )	/ 2 )
	=	51.336	/	2263.891
	=	2.27 %

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

National Hydro Power Co (XNEP:NHPC) 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.

National Hydro Power Co ROCE % Related Terms

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National Hydro Power Co (XNEP:NHPC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » National Hydro Power Co Ltd (XNEP:NHPC) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

BinayakNagar-10, Baneshwor, Kathmandu, NPL

Website

https://www.nhpcl.com

National Hydro Power Co Ltd is engaged in the development of hydropower projects. The company's projects include Indrawati-III Hydropower Project, Lower Indrawati Hydropower Project and Lower Erkhuwa Hydropower Project.

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