Geosolar Technologies (Geosolar Technologies) ROCE % : 0.00% (As of Mar. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Geosolar Technologies 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. Geosolar Technologies's annualized ROCE % for the quarter that ended in Mar. 2024 was 0.00%.

Geosolar Technologies ROCE % Historical Data

The historical data trend for Geosolar Technologies'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.

Geosolar Technologies ROCE % Chart

Geosolar Technologies Annual Data

Trend

Dec22

Dec23

ROCE %

Geosolar Technologies Quarterly Data
	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial			-	-	-	-	-

Geosolar Technologies ROCE % Calculation

Geosolar Technologies'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 )
	=	-2.637	/	( ( (0.486 - 2.518)	+	(0.977 - 3.982) )	/ 2 )
	=	-2.637	/	( (-2.032	+	-3.005)	/ 2 )
	=	-2.637	/	-2.5185
	=	104.71 %

Geosolar Technologies'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 )
	=	-1.504	/	( ( (0.977 - 3.982)	+	(0.991 - 4.141) )	/ 2 )
	=	-1.504	/	( ( -3.005	+	-3.15 )	/ 2 )
	=	-1.504	/	-3.0775
	=	0 %

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

Geosolar Technologies (OTCPK:GSLR) 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.

Geosolar Technologies ROCE % Related Terms

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

Geosolar Technologies (Geosolar Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Geosolar Technologies Inc (OTCPK:GSLR) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1400 16th Street, Suite 400, Denver, CO, USA, 80202

Website

https://www.geosolarplus.com

Geosolar Technologies Inc plans to install natural energy systems, referred to as the GeoSolar Plus System in newly built and existing residences as well as green new apartments and commercial buildings. The GSP System is based on combining solar power, geothermal ground-sourced energy and other clean energy technologies into one fully integrated system. The GSP system is designed to significantly reduce energy consumption and associated carbon emissions and improve the atmospheric and indoor air quality in residences.

Geosolar Technologies (Geosolar Technologies) Headlines

From GuruFocus

GeoSolar Technologies Inc. Completes Its Initial Research and Development Phase; Pivots Towards Scalability and Growth

By Marketwired • 04-16-2024