HCDIQ has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
HCDIQ has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
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. Harbor Custom Development's annualized ROCE % for the quarter that ended in Dec. 2023 was -97.74%.
The historical data trend for Harbor Custom Development'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.
Harbor Custom Development Annual Data | |||||||||||||||
Trend | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||
ROCE % | Get a 7-Day Free Trial | -0.34 | -11.39 | 11.57 | -11.10 | -37.02 |
Harbor Custom Development Quarterly Data | ||||||||||||||||||||
Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | |
ROCE % | Get a 7-Day Free Trial | -24.35 | -9.89 | -10.16 | -21.07 | -97.74 |
Harbor Custom Development'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 ) | |||||
= | -61.427 | / | ( ( (236.166 - 41.188) | + | (166.751 - 29.898) ) | / 2 ) | |
= | -61.427 | / | ( (194.978 | + | 136.853) | / 2 ) | |
= | -61.427 | / | 165.9155 | ||||
= | -37.02 % |
Harbor Custom Development's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:
ROCE % | = | EBIT (1) | / | ( (Capital Employed | + | Capital Employed) | / count ) |
(Q: Dec. 2023 ) | (Q: Sep. 2023 ) | (Q: Dec. 2023 ) | |||||
= | EBIT | / | ( ( (Total Assets - Total Current Liabilities) | + | (Total Assets - Total Current Liabilities) ) | / count ) | |
(Q: Dec. 2023 ) | (Q: Sep. 2023 ) | (Q: Dec. 2023 ) | |||||
= | -162.652 | / | ( ( (223.981 - 28.001) | + | (166.751 - 29.898) ) | / 2 ) | |
= | -162.652 | / | ( ( 195.98 | + | 136.853 ) | / 2 ) | |
= | -162.652 | / | 166.4165 | ||||
= | -97.74 % |
(1) Note: The EBIT data used here is four times the quarterly (Dec. 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.
Harbor Custom Development (OTCPK:HCDIQ) 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.
Thank you for viewing the detailed overview of Harbor Custom Development's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.
D. David Chandler | director | C/O VIEWRAY INCORPORATED, 2 THERMO FISHER WAY, OAKWOOD VILLAGE OH 44146 |
Yoshi Niino | officer: Chief Accounting Officer | 1201 PACIFIC AVE., SUITE 1200, TACOMA WA 98402 |
James Charles Burton | officer: Secretary | 1201 PACIFIC AVE., SUITE 1200, TACOMA WA 98402 |
Walter Frederick Walker | director | 14419 GREENWOOD AVE. N, STE A 418, SEATTLE WA 98133 |
Richard Schmidtke | director, officer: Chief Financial Officer | 11505 BURNHAM DRIVE., SUITE 301, GIG HARBOR WA 98332 |
Dennis Andrew Wong | director | 1511 NORTH WESTSHORE BOULEVARD, SUITE 870, TAMPA FL 33607 |
Chris John Corr | director | 11505 BURNHAM DRIVE, SUITE 301, GIG HARBOR WA 98332 |
Jeffrey Habersetzer | officer: Secretary | 11505 BURNHAM DRIVE., SUITE 301, GIG HARBOR WA 98332 |
Lance Brown | officer: Chief Financial Officer | 400 GALLERIA PKWY SE,, SUITE 1760, ATLANTA GA 30339 |
Timothy J. O'sullivan | officer: Interim CFO | 11505 BURNHAM DRIVE, SUITE 301, GIG HARBOR WA 98332 |
Karen Bryant | director | 11505 BURNHAM DRIVE, SUITE 301, GIG HARBOR WA 98332 |
Swets Larry G Jr | director | 105 S. MAPLE ST., ITASCA IL 60143 |
Sterling Griffin | director, 10 percent owner, officer: Chief Executive Officer | 11505 BURNHAM DRIVE., SUITE 301, GIG HARBOR WA 98332 |
Lynda Meadows | officer: Chief Financial Officer | 11505 BURNHAM DRIVE., SUITE 301, GIG HARBOR WA 98332 |
Anita Fritz | officer: Vice President | 11505 BURNHAM DRIVE., SUITE 301, GIG HARBOR WA 98332 |
From GuruFocus
By sperokesalga sperokesalga • 05-16-2023
By Marketwired • 07-18-2023
By Marketwired • 08-02-2023
By Marketwired • 08-16-2023
By Marketwired • 08-15-2023
By Value_Insider Value_Insider • 11-01-2022
By Marketwired • 09-22-2023
By sperokesalga sperokesalga • 03-21-2023
By Value_Insider Value_Insider • 11-28-2022
By sperokesalga sperokesalga • 05-04-2023
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.