CBUTF (Clear Blue Technologies International) ROCE % : -74.89% (As of Sep. 2024)

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What is Clear Blue Technologies International 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. Clear Blue Technologies International's annualized ROCE % for the quarter that ended in Sep. 2024 was -74.89%.

Clear Blue Technologies International ROCE % Historical Data

The historical data trend for Clear Blue Technologies International'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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Clear Blue Technologies International ROCE % Chart

Clear Blue Technologies International Annual Data

Trend

Dec16

Apr17

Apr18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-560.56

-99.73

-48.86

-62.57

-29.16

Clear Blue Technologies International Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															-1.41	-1.34	-44.10	-57.22	-74.89

Clear Blue Technologies International ROCE % Calculation

Clear Blue Technologies International's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	-1.42	/	( ( (8.001 - 3.299)	+	(8.959 - 3.922) )	/ 2 )
	=	-1.42	/	( (4.702	+	5.037)	/ 2 )
	=	-1.42	/	4.8695
	=	-29.16 %

Clear Blue Technologies International's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	-3.276	/	( ( (9.369 - 5.075)	+	(8.642 - 4.187) )	/ 2 )
	=	-3.276	/	( ( 4.294	+	4.455 )	/ 2 )
	=	-3.276	/	4.3745
	=	-74.89 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2024) EBIT data.

Clear Blue Technologies International (OTCPK:CBUTF) 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.

Clear Blue Technologies International ROCE % Related Terms

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Clear Blue Technologies International Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Clear Blue Technologies International Inc (OTCPK:CBUTF) » Definitions » ROCE %

Traded in Other Exchanges

0YA:Germany CBLU:Canada

Address

30 Lesmill Road, Unit 7, Toronto, ON, CAN, M3B 2T6

Website

https://www.clearbluetechnologies.com

Clear Blue Technologies International Inc is engaged in the business of developing and selling Smart Off-Grid power solutions and management services to the power, control, monitor, manage, and proactively service solar and hybrid-powered systems such as street lights, security systems, telecommunications systems, emergency power, and Internet of Things (IoT) devices. The Company operates in three geographical areas: Canada, the United States of America, the Middle East, and Africa.