Hydrogen De France (XPAR:HDF) ROCE % : -7.36% (As of Dec. 2022)

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What is Hydrogen De France 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. Hydrogen De France's annualized ROCE % for the quarter that ended in Dec. 2022 was -7.36%.

Hydrogen De France ROCE % Historical Data

The historical data trend for Hydrogen De France'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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Hydrogen De France ROCE % Chart

Hydrogen De France Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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29.22

13.81

-6.92

-4.57

-9.99

Hydrogen De France Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Dec23
ROCE %	Get a 7-Day Free Trial				-6.52	-3.73	-1.77	-7.36	-

Hydrogen De France ROCE % Calculation

Hydrogen De France'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 )
	=	-10.534	/	( ( (117.118 - 8.662)	+	(116.037 - 13.652) )	/ 2 )
	=	-10.534	/	( (108.456	+	102.385)	/ 2 )
	=	-10.534	/	105.4205
	=	-9.99 %

Hydrogen De France'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: Jun. 2022 )		(Q: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2022 )		(Q: Jun. 2022 )		(Q: Dec. 2022 )
	=	-8.01	/	( ( (118.097 - 8.744)	+	(117.118 - 8.662) )	/ 2 )
	=	-8.01	/	( ( 109.353	+	108.456 )	/ 2 )
	=	-8.01	/	108.9045
	=	-7.36 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2022) EBIT data.

Hydrogen De France (XPAR:HDF) 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.

Hydrogen De France ROCE % Related Terms

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Hydrogen De France (XPAR:HDF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Hydrogen De France (XPAR:HDF) » Definitions » ROCE %

Traded in Other Exchanges

9QW:Germany

Address

20 rue Jean Jaures, Lormont, FRA, 33310

Website

https://www.hdf-energy.com

Hydrogen De France is a global pioneer in hydrogen power. The company develops and operates high capacity large-scale Hydrogen-to-Power infrastructure to provide firm or on-demand electricity from renewable energy sources, combined with high power multimegawatt fuel cells.

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