Clear Peak Energy (Clear Peak Energy) ROCE % : 0.00% (As of . 20)

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What is Clear Peak 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. Clear Peak Energy's annualized ROCE % for the quarter that ended in . 20 was 0.00%.

Clear Peak Energy ROCE % Historical Data

The historical data trend for Clear Peak 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.

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Clear Peak Energy ROCE % Chart

Clear Peak Energy Annual Data

Trend

ROCE %

Clear Peak Energy Quarterly Data

ROCE %

Clear Peak Energy ROCE % Calculation

Clear Peak Energy's annualized ROCE % for the fiscal year that ended in . 20 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: . 20 )		(A: . 20 )		(A: . 20 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: . 20 )		(A: . 20 )		(A: . 20 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

Clear Peak Energy's ROCE % of for the quarter that ended in . 20 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: . 20 )		(Q: . 20 )		(Q: . 20 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: . 20 )		(Q: . 20 )		(Q: . 20 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

(1) Note: The EBIT data used here is four times the quarterly (. 20) EBIT data.

Clear Peak Energy (OTCPK:CLPE) 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.

Clear Peak Energy ROCE % Related Terms

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Clear Peak Energy (Clear Peak Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Clear Peak Energy Inc (OTCPK:CLPE) » Definitions » ROCE %

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Traded in Other Exchanges

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Address

3450 North Triumph Boulevard, Suite 102, Lehi, UT, USA, 84043

Website

https://www.clpe.com

Clear Peak Energy Inc is engaged in Bitcoin mining. It is currently operating Bitcoin miners at two locations in the states of Utah and Idaho.

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