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Cleantech Building Materials (LSE:CBM) ROCE % : -38.31% (As of Jun. 2021)


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What is Cleantech Building Materials 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. Cleantech Building Materials's annualized ROCE % for the quarter that ended in Jun. 2021 was -38.31%.


Cleantech Building Materials ROCE % Historical Data

The historical data trend for Cleantech Building Materials'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.

Cleantech Building Materials ROCE % Chart

Cleantech Building Materials Annual Data
Trend Mar15 Mar16 Dec17 Dec18 Dec19 Dec20
ROCE %
Get a 7-Day Free Trial -26.92 -36.15 -29.86 -29.95 -35.83

Cleantech Building Materials Semi-Annual Data
Mar15 Mar16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -29.58 -33.81 -27.50 -43.68 -38.31

Cleantech Building Materials ROCE % Calculation

Cleantech Building Materials's annualized ROCE % for the fiscal year that ended in Dec. 2020 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2020 )  (A: Dec. 2019 )(A: Dec. 2020 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2020 )  (A: Dec. 2019 )(A: Dec. 2020 )
=-3.479/( ( (10.985 - 1.002) + (10.419 - 0.982) )/ 2 )
=-3.479/( (9.983+9.437)/ 2 )
=-3.479/9.71
=-35.83 %

Cleantech Building Materials's ROCE % of for the quarter that ended in Jun. 2021 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jun. 2021 )  (Q: Dec. 2020 )(Q: Jun. 2021 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jun. 2021 )  (Q: Dec. 2020 )(Q: Jun. 2021 )
=-3.614/( ( (10.419 - 0.982) + (9.902 - 0.472) )/ 2 )
=-3.614/( ( 9.437 + 9.43 )/ 2 )
=-3.614/9.4335
=-38.31 %

(1) Note: The EBIT data used here is two times the semi-annual (Jun. 2021) 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.


Cleantech Building Materials  (LSE:CBM) 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.


Cleantech Building Materials ROCE % Related Terms

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Cleantech Building Materials (LSE:CBM) Business Description

Traded in Other Exchanges
N/A
Address
7 Trebeck Street, London, GBR, W1J 7LU
Cleantech Building Materials PLC provides building materials. It is engaged in the sale of specialist wood products, technology licensing, sourcing and procurement, business development and investment holding. The group generates revenue from the ASEAN region.

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