CLNE (Clean Energy Fuels) ROCE % : -3.60% (As of Sep. 2024)

View and export this data going back to 2007. Start your Free Trial

What is Clean Energy Fuels 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. Clean Energy Fuels's annualized ROCE % for the quarter that ended in Sep. 2024 was -3.60%.

Clean Energy Fuels ROCE % Historical Data

The historical data trend for Clean Energy Fuels'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.

* Premium members only.

Clean Energy Fuels ROCE % Chart

Clean Energy Fuels Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

3.52

-0.62

-12.22

-6.01

-7.65

Clean Energy Fuels 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															-9.62	-3.48	-4.03	-2.84	-3.60

Clean Energy Fuels ROCE % Calculation

Clean Energy Fuels'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 )
	=	-77.597	/	( ( (1082.357 - 148.146)	+	(1259.458 - 163.823) )	/ 2 )
	=	-77.597	/	( (934.211	+	1095.635)	/ 2 )
	=	-77.597	/	1014.923
	=	-7.65 %

Clean Energy Fuels'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 )
	=	-39.66	/	( ( (1246.286 - 142.438)	+	(1244.428 - 144.483) )	/ 2 )
	=	-39.66	/	( ( 1103.848	+	1099.945 )	/ 2 )
	=	-39.66	/	1101.8965
	=	-3.60 %

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

Clean Energy Fuels (NAS:CLNE) 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.

Clean Energy Fuels ROCE % Related Terms

Thank you for viewing the detailed overview of Clean Energy Fuels's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Clean Energy Fuels Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Clean Energy Fuels Corp (NAS:CLNE) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

0I04:UK WIQ:Germany WIQ:Germany WIQ:Germany

Address

4675 MacArthur Court, Suite 800, Newport Beach, CA, USA, 92660

Website

https://www.cleanenergyfuels.com

Clean Energy Fuels Corp is a natural gas marketer and retailer operating in the United States and Canada. The company supplies compressed natural gas, liquefied natural gas, and renewable natural gas as an alternative fuel for vehicles. The majority of revenue is generated within the U.S. and mostly consists of compressed natural gas. The company operates by purchasing natural gas from local utilities; compressing, cooling, or liquefying it at company-owned plants; and selling natural gas products through company-owned or customer-owned fueling stations. The company also builds, operates, and maintains natural gas fueling stations for customers. The company's target markets include heavy-duty trucking, airports, public transit, institutional energy users, and government fleets.

Executives

Mathieu Soulas	director	4675 MACARTHUR CT, STE 800, NEWPORT BEACH CA 92660
Parker Anders Weil	director	262 MCKINLEY PLACE, RIDGEWOOD NJ 07450
Lizabeth A Ardisana	director	328 S. SAGINAW ST., FLINT MI 48430
Mitchell W Pratt	officer: Sr. VP, Eng., Opp & Public Aff	C/O CLEAN ENERGY FUELS CORP, 4675 MACARTHUR COURT, SUITE 800, NEWPORT BEACH CA 92660
Barclay Corbus	officer: Sr. VP, Strategic Development	C/O CLEAN ENERGY FUELS CORP, 4675 MACARTHUR COURT, SUITE 800, NEWPORT BEACH CA 92660
Andrew J Littlefair	director, officer: President and CEO	C/O CLEAN ENERGY FUELS CORP, 4675 MACARTHUR COURT, SUITE 800, NEWPORT BEACH CA 92660
Lorraine Paskett	director	C/O CLEAN ENERGY FUELS CORP., 4675 MACARTHUR COURT, SUITE 800, NEWPORT BEACH CA 92660
Karine Boissy-rousseau	director	C/O CLEAN ENERGY FUELS CORP., 4675 MACARTHUR COURT, SUITE 800, NEWPORT BEACH CA 92660
Laurent Rene Wolffsheim	director	C/O SUNPOWER CORPORATION, 77 RIO ROBLES, SAN JOSE CA 95134
Robert M. Vreeland	officer: Chief Financial Officer	C/O CLEAN ENERGY FUELS CORP, 4675 MACARTHUR COURT, SUITE 800, NEWPORT BEACH CA 92660
Total Marketing Services S.a.	10 percent owner	24 COURS MICHELET DEFENSE 10, PUTEAUX I0 92800
Thomas Maurisse	director	C/O CLEAN ENERGY FUELS CORP., 4675 MACARTHUR COURT, SUITE 800, NEWPORT BEACH CA 92660
Kenneth M Socha	director	C/O CLEAN ENERGY FUELS CORP., 4675 MACARTHUR COURT, SUITE 800, NEWPORT BEACH CA 92660
Miller James C Iii	director	C/O CLEAN ENERGY FUELS CORP., 4675 MACARTHUR COURT, SUITE 800, NEWPORT BEACH CA 92660
Vincent C Taormina	director	C/O CLEAN ENERGY FUELS CORP, 4675 MACARTHUR COURT, SUITE 800, NEWPORT BEACH CA 92660