Renovare Environmental (Renovare Environmental) ROCE % : 0.00% (As of Mar. 2022)

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What is Renovare Environmental 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. Renovare Environmental's annualized ROCE % for the quarter that ended in Mar. 2022 was 0.00%.

Renovare Environmental ROCE % Historical Data

The historical data trend for Renovare Environmental'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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Renovare Environmental ROCE % Chart

Renovare Environmental Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

ROCE %

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-380.46

-43.99

-14.76

-27.83

-110.24

Renovare Environmental Quarterly Data
	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22
ROCE %	Get a 7-Day Free Trial															-12.96	-19.89	-7.43	-340.90	-

Renovare Environmental ROCE % Calculation

Renovare Environmental's annualized ROCE % for the fiscal year that ended in Dec. 2021 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2021 )		(A: Dec. 2020 )		(A: Dec. 2021 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2021 )		(A: Dec. 2020 )		(A: Dec. 2021 )
	=	-18.131	/	( ( (56.686 - 18.349)	+	(42.336 - 47.778) )	/ 2 )
	=	-18.131	/	( (38.337	+	-5.442)	/ 2 )
	=	-18.131	/	16.4475
	=	-110.24 %

Renovare Environmental's ROCE % of for the quarter that ended in Mar. 2022 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2022 )		(Q: Dec. 2021 )		(Q: Mar. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2022 )		(Q: Dec. 2021 )		(Q: Mar. 2022 )
	=	-9.18	/	( ( (42.336 - 47.778)	+	(39.837 - 47.437) )	/ 2 )
	=	-9.18	/	( ( -5.442	+	-7.6 )	/ 2 )
	=	-9.18	/	-6.521
	=	0 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2022) EBIT data.

Renovare Environmental (OTCPK:RENO) 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.

Renovare Environmental ROCE % Related Terms

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Renovare Environmental (Renovare Environmental) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Renovare Environmental Inc (OTCPK:RENO) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

80 Red Schoolhouse Road, Suite 101, Chestnut Ridge, NY, USA, 10977

Website

https://www.biohitech.com

Renovare Environmental Inc, formerly BioHiTech Global Inc is a technology services company focused on providing cost-effective solutions that improve environmental outcomes. Its technologies for waste management include the patented processing of municipal solid waste into a valuable renewable fuel, biological disposal of food waste on-site, and proprietary real-time data analytics tools to reduce food waste generation. When used individually or in combination, the solution lowers the carbon footprint associated with waste transportation and can reduce or virtually eliminate landfill usage.

Executives

Harriet Hentges	director	3222 SCOTT PLACE NW, WASHINGTON DC 20007
Frank E. Celli	director	27 BRADLEY LANE, MONTVALE NJ 07645
Frank E. Celli Family Trust	10 percent owner	80 RED SCHOOLHOUSE ROAD, SUITE 101, CHESTNUT RIDGE NY 10977
Anthony Fuller	director	80 RED SCHOOLHOUSE ROAD, ATTN: BIOHITECH GLOBAL, INC., CHESTNUT RIDGE NY 10977
Walter Iii Littlejohn	director	80 RED SCHOOLHOUSE ROAD, ATTN: BIOHITECH GLOBAL, INC,., CHESTNUT RIDGE NY 10977
Nicholaus Rohleder	director	80 RED SCHOOLHOUSE ROAD, ATTN: BIOHITECH GLOBAL, INC., CHESTNUT RIDGE NY 10977
Brian C. Essman	officer: CHIEF FINANCIAL OFFICER	59 ST JOHNS RD., WILTON CT 06897
James D. Chambers	director	317 EATON LANDING DRIVE, ANNAPOLIS MD 21401
Robert A. Joyce	officer: Chief Operating Officer	1818 SIGNAL HILL DRIVE, MECHANICSBURG PA 17050
Van Oort Douglas M	director	12701 COMMONWEALTH DRIVE, SUITE 9, FORT MYERS FL 33913
Bob G Gower	10 percent owner	402 TIMBERWILDE LANE, HOUSTON TX 77024
Penn Venture Partners , L.p.	other: 5% Shareholder	132 STATE STREET, HARRISBURG PA 17101
Conundrum Capital Partners, Llc	10 percent owner	317 EATON LANDING DRIVE, ANNAPOLIS MD 21401
Robert A. Graham	director	112 CETON COURT, BROOMALL PA 19008
John P. Glauda	10 percent owner	8409 CAESARS HEAD DRIVE, WAXHAW NC 28173