Hydrogen Utopia International (FRA:D60) ROCE % : -55.34% (As of Dec. 2023)

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What is Hydrogen Utopia 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. Hydrogen Utopia International's annualized ROCE % for the quarter that ended in Dec. 2023 was -55.34%.

Hydrogen Utopia International ROCE % Historical Data

The historical data trend for Hydrogen Utopia 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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Hydrogen Utopia International ROCE % Chart

Hydrogen Utopia International Annual Data

Trend

Dec21

Dec22

Dec23

ROCE %

-37.14

-57.92

Hydrogen Utopia International Semi-Annual Data
	Jun21	Jun22	Dec22	Jun23	Dec23
ROCE %	-	-28.14	-48.06	-57.61	-55.34

Hydrogen Utopia International ROCE % Calculation

Hydrogen Utopia 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 )
	=	-1.741	/	( ( (4.637 - 0.781)	+	(3.115 - 0.959) )	/ 2 )
	=	-1.741	/	( (3.856	+	2.156)	/ 2 )
	=	-1.741	/	3.006
	=	-57.92 %

Hydrogen Utopia International's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	-1.47	/	( ( (3.93 - 0.773)	+	(3.115 - 0.959) )	/ 2 )
	=	-1.47	/	( ( 3.157	+	2.156 )	/ 2 )
	=	-1.47	/	2.6565
	=	-55.34 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

Hydrogen Utopia International (FRA:D60) 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.

Hydrogen Utopia International ROCE % Related Terms

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Hydrogen Utopia International (FRA:D60) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Hydrogen Utopia International PLC (FRA:D60) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

HUIPF:USA HUI:UK

Address

105-108 Old Broad Street, 3rd Floor, Pinners Hall, London, GBR, EC2N 1ER

Website

https://www.hydrogenutopia.eu

Hydrogen Utopia International PLC develops non-recyclable waste plastics for hydrogen technology. It uses non-recyclable mixed waste plastic as feedstock and turns it into syngas from which new products and energy can be produced.

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