Hazer Group (ASX:HZR) ROCE % : -95.65% (As of Dec. 2024)

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What is Hazer 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. Hazer Group's annualized ROCE % for the quarter that ended in Dec. 2024 was -95.65%.

Hazer Group ROCE % Historical Data

The historical data trend for Hazer 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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Hazer Group ROCE % Chart

Hazer Group Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

ROCE %

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-26.96

-68.66

-105.58

-113.84

-174.91

Hazer Group Semi-Annual Data
	Dec15	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														-69.12	-149.19	-331.49	-118.15	-95.65

Hazer Group ROCE % Calculation

Hazer 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 )
	=	-18.896	/	( ( (12.665 - 6.439)	+	(18.582 - 3.201) )	/ 2 )
	=	-18.896	/	( (6.226	+	15.381)	/ 2 )
	=	-18.896	/	10.8035
	=	-174.91 %

Hazer 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 )
	=	-12.348	/	( ( (18.582 - 3.201)	+	(12.699 - 2.26) )	/ 2 )
	=	-12.348	/	( ( 15.381	+	10.439 )	/ 2 )
	=	-12.348	/	12.91
	=	-95.65 %

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

Hazer Group (ASX:HZR) 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.

Hazer Group ROCE % Related Terms

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Hazer Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Hazer Group Ltd (ASX:HZR) » Definitions » ROCE %

Traded in Other Exchanges

2H8:Germany

Address

99 St Georges Terrace, Level 9, Perth, WA, AUS, 6000

Website

https://www.hazergroup.com.au

Hazer Group Ltd is a commercialized technology company. It is engaged in the research and development of novel graphite-and-hydrogen-production technology. The product will cater to applications such as industrial hydrogen within the petroleum industry and produce ammonia. The company operates as a single segment being research and development of novel graphite-and-hydrogen-production technology. Geographically, it operates only in Australia.

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