Ideal Power (FRA:5ILA) ROCE % : -59.09% (As of Mar. 2024)

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What is Ideal Power 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. Ideal Power's annualized ROCE % for the quarter that ended in Mar. 2024 was -59.09%.

Ideal Power ROCE % Historical Data

The historical data trend for Ideal Power'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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Ideal Power ROCE % Chart

Ideal Power Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-65.67

-164.22

-32.89

-34.39

-67.17

Ideal Power Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															-58.37	-58.05	-78.39	-79.07	-59.09

Ideal Power ROCE % Calculation

Ideal Power'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 )
	=	-9.493	/	( ( (18.313 - 0.424)	+	(11.231 - 0.854) )	/ 2 )
	=	-9.493	/	( (17.889	+	10.377)	/ 2 )
	=	-9.493	/	14.133
	=	-67.17 %

Ideal Power's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	-9.3	/	( ( (11.231 - 0.854)	+	(21.98 - 0.882) )	/ 2 )
	=	-9.3	/	( ( 10.377	+	21.098 )	/ 2 )
	=	-9.3	/	15.7375
	=	-59.09 %

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

Ideal Power (FRA:5ILA) 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.

Ideal Power ROCE % Related Terms

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Ideal Power (FRA:5ILA) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Ideal Power Inc (FRA:5ILA) » Definitions » ROCE %

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IPWR:USA

Address

5508 Highway 290 West, Suite 120, Austin, TX, USA, 78735

Website

https://www.idealpower.com

Ideal Power Inc is pioneering the development of its broadly patented bidirectional power switches, creating efficient and ecofriendly energy control solutions for electric vehicle, electric vehicle charging, renewable energy, energy storage, UPS / data center, solid-state circuit breaker and other industrial and military applications. The company is focused on its patented Bidirectional, Bipolar Junction Transistor (B-TRAN) semiconductor technology. B-TRAN is a unique double-sided bidirectional AC switchable to deliver substantial performance improvements over conventional power semiconductors. The primary raw material used in the fabrication of B-TRAN devices is silicon wafers.

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