Charbone Hydrogen (FRA:K47) ROCE % : -302.70% (As of Sep. 2024)

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What is Charbone Hydrogen 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. Charbone Hydrogen's annualized ROCE % for the quarter that ended in Sep. 2024 was -302.70%.

Charbone Hydrogen ROCE % Historical Data

The historical data trend for Charbone Hydrogen'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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Charbone Hydrogen ROCE % Chart

Charbone Hydrogen Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

-1,578.31

-529.52

-323.56

Charbone Hydrogen Quarterly Data
	Dec19	Sep20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial												-150.07	-680.97	-	-457.14	-302.70

Charbone Hydrogen ROCE % Calculation

Charbone Hydrogen'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 )
	=	-1.888	/	( ( (3.068 - 1.71)	+	(2.904 - 3.095) )	/ 2 )
	=	-1.888	/	( (1.358	+	-0.191)	/ 2 )
	=	-1.888	/	0.5835
	=	-323.56 %

Charbone Hydrogen'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 )
	=	-1.344	/	( ( (2.979 - 2.292)	+	(2.899 - 2.698) )	/ 2 )
	=	-1.344	/	( ( 0.687	+	0.201 )	/ 2 )
	=	-1.344	/	0.444
	=	-302.70 %

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

Charbone Hydrogen (FRA:K47) 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.

Charbone Hydrogen ROCE % Related Terms

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Charbone Hydrogen Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

CHHYF:USA CH:Canada

Address

5005 Boul. Lapiniere, Suite 1080, Brossard, QC, CAN, J4Z 0N5

Website

https://www.charbone.com

Charbone Hydrogen Corp is a Canadian green hydrogen group established in North America. The Company develops modular and expandable hydrogen facilities. Through the acquisition of hydropower plants in the United States of America and Canada, Charbone will be able to produce green dihydrogen molecules using reliable and sustainable energy to distinguish itself as a provider of an environmentally friendly solution for industrial and commercial enterprises. The company operates in a single sector, which is small-scale hydroelectric power generation in North America.

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