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EnerTeck (EnerTeck) ROCE % : 0.00% (As of Sep. 2023)


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What is EnerTeck 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. EnerTeck's annualized ROCE % for the quarter that ended in Sep. 2023 was 0.00%.

EnerTeck ROCE % Historical Data

The historical data trend for EnerTeck'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.

EnerTeck ROCE % Chart

EnerTeck Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
ROCE %
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EnerTeck Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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EnerTeck ROCE % Calculation

EnerTeck's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=-0.903/( ( (0.269 - 10.855) + (0.315 - 12.103) )/ 2 )
=-0.903/( (-10.586+-11.788)/ 2 )
=-0.903/-11.187
=8.07 %

EnerTeck's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Sep. 2023 )  (Q: Jun. 2023 )(Q: Sep. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2023 )  (Q: Jun. 2023 )(Q: Sep. 2023 )
=-0.56/( ( (0.36 - 12.797) + (0.32 - 12.98) )/ 2 )
=-0.56/( ( -12.437 + -12.66 )/ 2 )
=-0.56/-12.5485
=0 %

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

EnerTeck  (OTCPK:ETCK) 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.

EnerTeck ROCE % Related Terms

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EnerTeck (EnerTeck) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » EnerTeck Corp (OTCPK:ETCK) » Definitions » ROCE %
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CRKN VYST COWI CBNT ILDO CNEY PVNNF SNES NMGX LIN XPAR:AI SHW ECL APD XSWX:SIKA XSWX:GIVN SHSE:600309 PPG LYB BOM:500820
Traded in Other Exchanges
N/A
Address
10701 Corporate Drive, Suite 150, Stafford, TX, USA, 77477
Website
https://www.enerteckchemical.com
EnerTeck Corp is engaged in the business of manufacturing and marketing a fuel borne catalytic engine treatment called EnerBurn for diesel engines. The company mainly serves the trucking, heavy construction, maritime shipping, railroad, and mining industries. Its products and services include the diesel fuel additive product line and EnerBurn Combustion Catalyst for diesel fuel engines. Its EnerBurn is a liquid, chemical formulation, under the product codes differentiated by market application and product concentration, EnerBurn EC5931A, EnerBurn EC5805A, and EnerBurn EC5805C. The company generated the majority of the revenues from the sale of EnerBurn to oilfield service, heavy construction, and mining industries.
Executives
Jack Douglas Cowles director 30 LANSDOWNE DRIVE, LARCHMONT NY 10538
Richard Dicks officer: Chief Financial Officer 10701 CORPORATE DRIVE, SUITE 150, STAFFORD CA 77477
Gary Byron Aman director 6119 APPLE VALLEY LANE, HOUSTON TX 77069
Darrell Dwaine Reese director, 10 percent owner, officer: Chief Executive Officer 2206 COUNTRY CREEK WAY, RICHMOND TX 77469-6639
Thomas Donino director, 10 percent owner 7 LAKESIDE DRIVE, RYE NY 10580
Batl Bioenergy Llc 10 percent owner 7 LAKESIDE DRIVE, RYE NY 10580
Batl Management Lp 10 percent owner 7 LAKESIDE DRIVE, RYE NY 10580
Stanley Crow officer: President 1410 ANDOVER STREET, LIVINGSTON TX 77351
Parrish Brian Ketchmark director, 10 percent owner, officer: President P.O. BOX 256, NORWOOD NJ 07648-0256