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Hydrograph Clean Power (XCNQ:HG) ROCE % : -97.20% (As of Dec. 2023)


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What is Hydrograph Clean Power 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. Hydrograph Clean Power's annualized ROCE % for the quarter that ended in Dec. 2023 was -97.20%.

Hydrograph Clean Power ROCE % Historical Data

The historical data trend for Hydrograph Clean Power'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.

Hydrograph Clean Power ROCE % Chart

Hydrograph Clean Power Annual Data
Trend Sep20 Sep21 Sep22 Sep23
ROCE %
-12.86 -81.31 -58.10 -77.90

Hydrograph Clean Power Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -80.63 -68.89 -89.03 -79.98 -97.20

Hydrograph Clean Power ROCE % Calculation

Hydrograph Clean Power's annualized ROCE % for the fiscal year that ended in Sep. 2023 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Sep. 2023 )  (A: Sep. 2022 )(A: Sep. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Sep. 2023 )  (A: Sep. 2022 )(A: Sep. 2023 )
=-6.682/( ( (10.59 - 0.279) + (7.959 - 1.115) )/ 2 )
=-6.682/( (10.311+6.844)/ 2 )
=-6.682/8.5775
=-77.90 %

Hydrograph Clean Power'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 )
=-6.584/( ( (7.959 - 1.115) + (7.53 - 0.826) )/ 2 )
=-6.584/( ( 6.844 + 6.704 )/ 2 )
=-6.584/6.774
=-97.20 %

(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.

Hydrograph Clean Power  (XCNQ:HG) 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.

Hydrograph Clean Power ROCE % Related Terms

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Hydrograph Clean Power (XCNQ:HG) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Hydrograph Clean Power Inc (XCNQ:HG) » Definitions » ROCE %
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XCNQ:FNDX TSXV:CNO TSXV:FRXI TSXV:GGG TSXV:IZ XCNQ:SIXW TSXV:IPD XCNQ:SURE LIN XPAR:AI APD SHW ECL XSWX:SIKA SHSE:600309 BOM:500820 DD XSWX:GIVN LYB PPG
Traded in Other Exchanges
HGCPF:USA M98:Germany
Address
1 King Street West, Suite 4800-118, Toronto, ON, CAN, M5H 1A1
Website
https://www.hydrograph.com
Hydrograph Clean Power Inc is engaged in the acquisition and development of graphene and hydrogen-related products and services. The company is a commercial manufacturer of high-quality nanomaterials and alternative-energy fuels.