ReGen III (TSXV:GIII) ROCE % : 0.00% (As of Dec. 2023)

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What is ReGen III 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. ReGen III's annualized ROCE % for the quarter that ended in Dec. 2023 was 0.00%.

ReGen III ROCE % Historical Data

The historical data trend for ReGen III'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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ReGen III ROCE % Chart

ReGen III Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-105.83

-43.25

-54.61

-357.48

-24,908.70

ReGen III Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															-356.01	-9,376.22	-3,915.07	-	-

ReGen III ROCE % Calculation

ReGen III'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 )
	=	-5.729	/	( ( (1.232 - 1.991)	+	(2.684 - 1.879) )	/ 2 )
	=	-5.729	/	( (-0.759	+	0.805)	/ 2 )
	=	-5.729	/	0.023
	=	-24,908.70 %

ReGen III'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 )
	=	-6.116	/	( ( (1.037 - 2.135)	+	(2.684 - 1.879) )	/ 2 )
	=	-6.116	/	( ( -1.098	+	0.805 )	/ 2 )
	=	-6.116	/	-0.1465
	=	0 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

ReGen III (TSXV:GIII) 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.

ReGen III ROCE % Related Terms

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ReGen III (TSXV:GIII) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » ReGen III Corp (TSXV:GIII) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

ISRJF:USA PN41:Germany

Address

400 Burrard Street, Suite 1750, Vancouver, BC, CAN, V6C 3A6

Website

https://www.regeniii.com

ReGen III Corp is a cleantech company that is building sustainable green projects with compelling economics, without relying on government subsidies. It owns a portfolio of patented technologies that enable used motor oil (UMO) re-refineries to produce a higher-value product mix of base oils than traditional methods.

Executives

William Bradford White

10% Security Holder, Director