Aether Catalyst Solutions (XCNQ:ATHR) ROCE %

: 0.00% (As of Sep. 2023)

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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. Aether Catalyst Solutions's annualized ROCE % for the quarter that ended in Sep. 2023 was 0.00%.

Aether Catalyst Solutions ROCE % Historical Data

The historical data trend for Aether Catalyst Solutions'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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Aether Catalyst Solutions Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

ROCE %

-525.86

-225.38

-348.05

-135.53

-159.28

Aether Catalyst Solutions Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
ROCE %																150.48	64.00	-11,555.56	-	-

Aether Catalyst Solutions ROCE % Calculation

Aether Catalyst Solutions'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 )
	=	-0.575	/	( ( (0.762 - 0.113)	+	(0.221 - 0.148) )	/ 2 )
	=	-0.575	/	( (0.649	+	0.073)	/ 2 )
	=	-0.575	/	0.361
	=	-159.28 %

Aether Catalyst Solutions'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 )
	=	-0.704	/	( ( (0.165 - 0.175)	+	(0.084 - 0.202) )	/ 2 )
	=	-0.704	/	( ( -0.01	+	-0.118 )	/ 2 )
	=	-0.704	/	-0.064
	=	0 %

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

Aether Catalyst Solutions (XCNQ:ATHR) 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.

Aether Catalyst Solutions ROCE % Related Terms

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Aether Catalyst Solutions (XCNQ:ATHR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Aether Catalyst Solutions Inc (XCNQ:ATHR) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

2QZ:Germany

Address

8337 Eastlake Drive, Unit 104, Burnaby, BC, CAN, V5A 4W2

Website

https://www.aethercatalyst.com

Aether Catalyst Solutions Inc is focused on providing an order of magnitude cost reduction in catalytic converter catalysts, while meeting, or exceeding government emission standards. It is working to quickly advance its technology through rapid screening of new materials directed at enhancing end of life conversion levels after accelerated aging. The company's primary focus has been on automotive applications where it is looking to replace precious metals in automotive catalysts for gasoline powered engines. The company's target markets are the heavily regulated automotive industry and the unregulated small motors industry.

Aether Catalyst Solutions (XCNQ:ATHR) Headlines

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