Belgravia Hartford Capital (XCNQ:BLGV) ROCE % : -1,745.15% (As of Mar. 2024)

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What is Belgravia Hartford Capital 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. Belgravia Hartford Capital's annualized ROCE % for the quarter that ended in Mar. 2024 was -1,745.15%.

Belgravia Hartford Capital ROCE % Historical Data

The historical data trend for Belgravia Hartford Capital'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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Belgravia Hartford Capital ROCE % Chart

Belgravia Hartford Capital Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-24.55

-17.58

-29.35

-129.56

-150.02

Belgravia Hartford Capital 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															-166.88	-182.73	-236.80	-175.45	-1,745.15

Belgravia Hartford Capital ROCE % Calculation

Belgravia Hartford Capital'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 )
	=	-2.23	/	( ( (3.152 - 0.556)	+	(1.241 - 0.864) )	/ 2 )
	=	-2.23	/	( (2.596	+	0.377)	/ 2 )
	=	-2.23	/	1.4865
	=	-150.02 %

Belgravia Hartford Capital'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 )
	=	-2.068	/	( ( (1.241 - 0.864)	+	(0.796 - 0.936) )	/ 2 )
	=	-2.068	/	( ( 0.377	+	-0.14 )	/ 2 )
	=	-2.068	/	0.1185
	=	-1,745.15 %

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

Belgravia Hartford Capital (XCNQ:BLGV) 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.

Belgravia Hartford Capital ROCE % Related Terms

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Belgravia Hartford Capital (XCNQ:BLGV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Belgravia Hartford Capital Inc (XCNQ:BLGV) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

BLGVF:USA ECA1:Germany

Address

No. 3-3185 Via Central, Kelowna, BC, CAN, V1V 2A7

Website

https://www.belgraviahartford.com

Belgravia Hartford Capital Inc is an investment holding company. It invests in a portfolio of private and public companies with an emphasis on the resources and commodities sector. The company has one operating segment focused on merchant banking as well as providing management services and pursuing the royalty streams from its previous potash project. All of the company's capital assets are located in Canada. It has one operating segment focused on investment holdings as well as providing management services and pursuing the royalty.

Executives

Mehdi Azodi

Senior Officer

Belgravia Hartford Capital (XCNQ:BLGV) Headlines

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