C2E Energy (C2E Energy) ROCE % : 0.00% (As of Sep. 2023)

View and export this data going back to 2004. Start your Free Trial

What is C2E Energy 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. C2E Energy's annualized ROCE % for the quarter that ended in Sep. 2023 was 0.00%.

C2E Energy ROCE % Historical Data

The historical data trend for C2E Energy'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.

C2E Energy ROCE % Chart

C2E Energy Annual Data

Trend

Jul04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec19

Dec20

Dec21

Dec22

ROCE %

Get a 7-Day Free Trial

C2E Energy Quarterly Data
	Jun09	Sep09	Dec09	Mar10	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
ROCE %	Get a 7-Day Free Trial															-	-	-	-	-

C2E Energy ROCE % Calculation

C2E Energy's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	-0.405	/	( ( (0 - 0.141)	+	(0 - 0.487) )	/ 2 )
	=	-0.405	/	( (-0.141	+	-0.487)	/ 2 )
	=	-0.405	/	-0.314
	=	128.98 %

C2E Energy's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	-0.38	/	( ( (0 - 0.661)	+	(0 - 0.748) )	/ 2 )
	=	-0.38	/	( ( -0.661	+	-0.748 )	/ 2 )
	=	-0.38	/	-0.7045
	=	0 %

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

C2E Energy (OTCPK:OOGI) 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.

C2E Energy ROCE % Related Terms

Thank you for viewing the detailed overview of C2E Energy's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

C2E Energy (C2E Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » C2E Energy Inc (OTCPK:OOGI) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1801 Century Park East 2400, Los Angeles, CA, USA, 90067

Website

https://www.c2e-energy.com

C2E Energy Inc is a blank check company.

Executives

James Frank Mongiardo

director, 10 percent owner, officer: President

2 BRIAR LANE, NATICK MA 01760

C2E Energy (C2E Energy) Headlines

No Headlines