Clean Tech Biofuels (Clean Tech Biofuels) ROCE % : 0.00% (As of Sep. 2019)

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

What is Clean Tech Biofuels 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 Tech Biofuels's annualized ROCE % for the quarter that ended in Sep. 2019 was 0.00%.

Clean Tech Biofuels ROCE % Historical Data

The historical data trend for Clean Tech Biofuels'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 Tech Biofuels ROCE % Chart

Clean Tech Biofuels Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

ROCE %

Get a 7-Day Free Trial

Clean Tech Biofuels Quarterly Data
	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19
ROCE %	Get a 7-Day Free Trial															-	-	-	-	-

Clean Tech Biofuels ROCE % Calculation

Clean Tech Biofuels's annualized ROCE % for the fiscal year that ended in Dec. 2018 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2018 )		(A: Dec. 2017 )		(A: Dec. 2018 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2018 )		(A: Dec. 2017 )		(A: Dec. 2018 )
	=	-0.402	/	( ( (2.314 - 6.441)	+	(2.222 - 7.035) )	/ 2 )
	=	-0.402	/	( (-4.127	+	-4.813)	/ 2 )
	=	-0.402	/	-4.47
	=	8.99 %

Clean Tech Biofuels's ROCE % of for the quarter that ended in Sep. 2019 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2019 )		(Q: Jun. 2019 )		(Q: Sep. 2019 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2019 )		(Q: Jun. 2019 )		(Q: Sep. 2019 )
	=	-0.28	/	( ( (2.189 - 7.286)	+	(2.188 - 7.443) )	/ 2 )
	=	-0.28	/	( ( -5.097	+	-5.255 )	/ 2 )
	=	-0.28	/	-5.176
	=	0 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2019) EBIT data.

Clean Tech Biofuels (OTCPK:CLTH) 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 Tech Biofuels ROCE % Related Terms

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

Clean Tech Biofuels (Clean Tech Biofuels) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Clean Tech Biofuels Inc (OTCPK:CLTH) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

7386 Pershing Avenue, St. Louis, MO, USA, 63130

Website

http://www.cleantechbiofuels.net

Clean Tech Biofuels Inc is a development stage company engaged in providing cellulosic biomass derived from municipal solid waste (MSW). The company involves in producing energy and other chemical products, and recyclables (metals, plastics, and glass) from the MSW. Its biomass recovery process which is based on the pressurized steam classification (PSC) technology cleans and separates MSW and generates a clean, homogeneous biomass feedstock. It focuses on designing, building and operating a commercial biomass recovery plant that will allow the company to produce biomass feedstock for its customers.

Clean Tech Biofuels (Clean Tech Biofuels) Headlines

No Headlines