Hydromer (Hydromer) ROCE % : -152.00% (As of Dec. 2022)

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What is Hydromer 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. Hydromer's annualized ROCE % for the quarter that ended in Dec. 2022 was -152.00%.

Hydromer ROCE % Historical Data

The historical data trend for Hydromer'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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Hydromer ROCE % Chart

Hydromer Annual Data

Trend

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

ROCE %

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-25.28

-43.54

-84.91

-116.88

-105.62

Hydromer Quarterly Data
	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22
ROCE %	Get a 7-Day Free Trial															-241.26	-32.53	-111.76	-79.19	-152.00

Hydromer ROCE % Calculation

Hydromer's annualized ROCE % for the fiscal year that ended in Jun. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2022 )		(A: Jun. 2021 )		(A: Jun. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2022 )		(A: Jun. 2021 )		(A: Jun. 2022 )
	=	-1.721	/	( ( (3.806 - 1.369)	+	(2.89 - 2.068) )	/ 2 )
	=	-1.721	/	( (2.437	+	0.822)	/ 2 )
	=	-1.721	/	1.6295
	=	-105.62 %

Hydromer's ROCE % of for the quarter that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2022 )		(Q: Sep. 2022 )		(Q: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2022 )		(Q: Sep. 2022 )		(Q: Dec. 2022 )
	=	-1.52	/	( ( (2.975 - 1.14)	+	(2.157 - 1.992) )	/ 2 )
	=	-1.52	/	( ( 1.835	+	0.165 )	/ 2 )
	=	-1.52	/	1
	=	-152.00 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2022) EBIT data.

Hydromer (OTCPK:HYDI) 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.

Hydromer ROCE % Related Terms

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Hydromer (Hydromer) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Hydromer Inc (OTCPK:HYDI) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

4715 Corporate Drive NW, Suite 200, Concord, NC, USA, 28027

Website

https://www.hydromer.com

Hydromer Inc is a polymer research and development company. The company is engaged in the business of inventing, developing, patenting, licensing, manufacturing and selling hydrophilic polymer-based products and services. Its segment includes Industrial and Medical. The company generates maximum revenue from services. Geographically, it derives a majority of revenue from the United States.

Executives

Martin C Dyck	officer: Executive Vice President
George A Ziets	director	C/O HYDROMER, INC., 35 INDUSTRIAL PARKWAY, BRANCHBURG NJ 08876
John S Konar	officer: V.P. Quality Assurnce	35 INDUSTRIAL PARKWAY, BRANCHBURG NJ 08876
Michael F Ryan	director	35 INDUSTRIAL PARKWAY, BRANCHBURG NJ 08876
Maxwell Borow	director
Fredrick L Perl	director
Meckeler Klaus J H	director
Robert H Bea	director
Dieter Heinemann	director, 10 percent owner
Vrsula M Dyck	director
Manfred F Dyck	director, 10 percent owner, officer: President and CEO
Gaylord E Mckissick	director