Hiru (HIRU) ROCE %: 0.00% (As of Jun. 2001)


What is Hiru ROCE %?

Hiru HIRU -5.26% ROCE % is 0.00% as of Jun. 2001.

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. Hiru's annualized ROCE % for the quarter that ended in Jun. 2001 was 0.00%.

Hiru  (OTCPK:HIRU) 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.

Hiru ROCE % Related Terms

Hiru ROCE % Historical Data

* Premium members only.

The historical data trend for Hiru'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.

Hiru ROCE % Chart

Hiru Annual Data
Trend Sep94 Dec95 Dec96 Dec97 Dec98 Dec99 Dec00
ROCE %
Get a 7-Day Free Trial 13.60 8.56 6.85 7.49 0.00

Hiru Quarterly Data
Sep96 Dec96 Mar97 Jun97 Sep97 Dec97 Mar98 Jun98 Sep98 Dec98 Mar99 Jun99 Sep99 Dec99 Mar00 Jun00 Sep00 Dec00 Mar01 Jun01
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 38.89 11.64 0.00 0.00 0.00

Hiru ROCE % Calculation

Hiru's annualized ROCE % for the fiscal year that ended in Dec. 2000 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2000 )  (A: Dec. 2099 )(A: Dec. 2000 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2000 )  (A: Dec. 2099 )(A: Dec. 2000 )
=-6.563/( ( (98.367 - 67.481) + (79.37 - 132.467) )/ 2 )
=-6.563/( (30.886+-53.097)/ 2 )
=-6.563/-11.1055
=59.10 %

Hiru's ROCE % of for the quarter that ended in Jun. 2001 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jun. 2001 )  (Q: Mar. 2001 )(Q: Jun. 2001 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jun. 2001 )  (Q: Mar. 2001 )(Q: Jun. 2001 )
=-20.272/( ( (60.497 - 119.098) + (63.401 - 132.364) )/ 2 )
=-20.272/( ( -58.601 + -68.963 )/ 2 )
=-20.272/-63.782
=0 %

(1) Note: The EBIT data used here is four times the quarterly (Jun. 2001) EBIT data.

* 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 0.00% mean?
Hiru (HIRU) has a ROCE % of 0.00% as of Jun. 2001.
Is Hiru's ROCE % too high?
Hiru's current ROCE % is 0.00%.
How does Hiru's ROCE % compare to VITIF and HSTC?
Hiru's ROCE % of 0.00% can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Metals & Mining company?
A good ROCE % depends on the Metals & Mining industry context. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. Hiru's current ROCE % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hiru stock overvalued right now?
Hiru (HIRU) has a current ROCE % of 0.00%. The current ROCE % is 0.00%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Hiru (HIRU), the current ROCE % is 0.00% as of Jun. 2001. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Hiru Business Description

Address 3379 Peachtree Road NE, Suite 700, Atlanta, GA, USA, 30326
Hiru Corp is a holding engaged in Mining and natural resources Exploration, it has completed end of the last Quarter the integration of the Australian mining assets, the Balfour Project, and processed the abandon of the previous Water business and related activities owned by the previous control holders.