Harvest Technology Group (ASX:HTG) ROCE % : 0.00% (As of Dec. 2024)

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What is Harvest Technology Group 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. Harvest Technology Group's annualized ROCE % for the quarter that ended in Dec. 2024 was 0.00%.

Harvest Technology Group ROCE % Historical Data

The historical data trend for Harvest Technology Group'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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Harvest Technology Group ROCE % Chart

Harvest Technology Group Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

ROCE %

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-67.97

-70.95

-82.29

-70.94

-559.37

Harvest Technology Group Semi-Annual Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
ROCE %	Get a 7-Day Free Trial													-54.22	-91.12	-41.35	-7,639.57	-

Harvest Technology Group ROCE % Calculation

Harvest Technology Group's annualized ROCE % for the fiscal year that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2024 )		(A: Jun. 2023 )		(A: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2024 )		(A: Jun. 2023 )		(A: Jun. 2024 )
	=	-12.06	/	( ( (10.569 - 1.722)	+	(3.489 - 8.024) )	/ 2 )
	=	-12.06	/	( (8.847	+	-4.535)	/ 2 )
	=	-12.06	/	2.156
	=	-559.37 %

Harvest Technology Group's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Jun. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Jun. 2024 )		(Q: Dec. 2024 )
	=	-5.172	/	( ( (3.489 - 8.024)	+	(2.57 - 7.167) )	/ 2 )
	=	-5.172	/	( ( -4.535	+	-4.597 )	/ 2 )
	=	-5.172	/	-4.566
	=	0 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2024) EBIT data.

Harvest Technology Group (ASX:HTG) 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.

Harvest Technology Group ROCE % Related Terms

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Harvest Technology Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Harvest Technology Group Ltd (ASX:HTG) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

16 Ord Street, Ground Floor, West Perth, Perth, WA, AUS, 6005

Website

https://www.harvest.technology

Harvest Technology Group Ltd provides hardware and software solutions to the energy, resources, and renewables sectors. The company's software solutions provide secure encrypted transfer of data, including high-definition video and audio, from anywhere via satellite or congested networks at ultra-low bandwidths. It operates in two segments: Subsea and asset integrity risk mitigation and Remote communications technology. The majority of the revenue comes from the Remote communications technology segment that generates income from the provision of data transfer, encryption, and compression services to clients operating in offshore and remote environments.

Harvest Technology Group Headlines

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