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Cavitation Technologies (Cavitation Technologies) ROCE % : 0.00% (As of Mar. 2024)


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What is Cavitation Technologies 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. Cavitation Technologies's annualized ROCE % for the quarter that ended in Mar. 2024 was 0.00%.


Cavitation Technologies ROCE % Historical Data

The historical data trend for Cavitation Technologies'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.

Cavitation Technologies ROCE % Chart

Cavitation Technologies Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - -91.03 -687.16

Cavitation Technologies Quarterly Data
Jun19 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 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 Premium Member Only Premium Member Only -118.57 - - - -

Cavitation Technologies ROCE % Calculation

Cavitation Technologies's annualized ROCE % for the fiscal year that ended in Jun. 2023 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Jun. 2023 )  (A: Jun. 2022 )(A: Jun. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Jun. 2023 )  (A: Jun. 2022 )(A: Jun. 2023 )
=-2.034/( ( (1.871 - 0.558) + (0.143 - 0.864) )/ 2 )
=-2.034/( (1.313+-0.721)/ 2 )
=-2.034/0.296
=-687.16 %

Cavitation Technologies'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 )
=1.332/( ( (0.096 - 1.124) + (0.275 - 0.985) )/ 2 )
=1.332/( ( -1.028 + -0.71 )/ 2 )
=1.332/-0.869
=0 %

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


Cavitation Technologies  (OTCPK:CVAT) 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.


Cavitation Technologies ROCE % Related Terms

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Cavitation Technologies (Cavitation Technologies) Business Description

Traded in Other Exchanges
N/A
Address
10019 Canoga Avenue, Chatsworth, CA, USA, 91311
Cavitation Technologies Inc develops, patents, and commercializes the proprietary technology for large-scale liquid processing applications. The firm has commercialized its proprietary technology for refining vegetable oils by providing domestic and foreign refining facilities with a firm's Nano Neutralization technology and cavitation systems comprising the Nano Reactor. Its technologies can be applied to several other fluid-processing industries that will benefit from increased yields, lowered processing costs, and improved quality. It has filed patent applications related to edible oil refining, renewable fuel production, both alcoholic and non-alcoholic beverage processing and enhancement, and petroleum upgrading. Its component comprises of Nano Reactor and LPN.
Executives
Naum Voloshin officer: Chief Financial Officer 10019 CANOGA AVENUE, CHATSWORTH CA 91311
Roman Gordon director, 10 percent owner, officer: CEO, Secretary 10019 CANOGA AVENUE, CHATSWORTH CA 91311
Todd Zelek director, officer: CEO 730 SOUTH SAN RAFAEL AVENUE, PASADENA CA 91105
James W Fuller director C/O BAYTREE CAPITAL ASSOCIATES LLC, 40 WALL STREET, 58TH FLOOR, NEW YORK NY 10005
Igor Gorodnitsky director, 10 percent owner, officer: President 10019 CANOGA AVENUE, CHATSWORTH CA 91311
R L Hartshorn director, 10 percent owner, officer: CFO 10019 CANOGA AVENUE, CHATSWORTH CA 91311
Jose Antonio Castro director, 10 percent owner, officer: CEO & CFO 3702 SOUTH VIRGINIA STREET, #G12-401, RENO NV 89502
Zhang Haiming director, 10 percent owner, officer: Chief Technology Officer 3702 SOUTH VIRGINIA STREET, #G12-401, RENO NV 89502

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