HPCO (Hempacco Co) ROCE % : -397.59% (As of Dec. 2023)

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What is Hempacco Co 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. Hempacco Co's annualized ROCE % for the quarter that ended in Dec. 2023 was -397.59%.

Hempacco Co ROCE % Historical Data

The historical data trend for Hempacco Co'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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Hempacco Co ROCE % Chart

Hempacco Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

ROCE %

-47.87

-54.20

-124.73

-200.88

Hempacco Co Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial								-193.53	-93.35	-56.22	-88.25	-397.59

Hempacco Co ROCE % Calculation

Hempacco Co'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 )
	=	-13.172	/	( ( (9.482 - 1.52)	+	(18.043 - 12.891) )	/ 2 )
	=	-13.172	/	( (7.962	+	5.152)	/ 2 )
	=	-13.172	/	6.557
	=	-200.88 %

Hempacco Co'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: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	-28.04	/	( ( (14.438 - 5.485)	+	(18.043 - 12.891) )	/ 2 )
	=	-28.04	/	( ( 8.953	+	5.152 )	/ 2 )
	=	-28.04	/	7.0525
	=	-397.59 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Hempacco Co (OTCPK:HPCO) 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.

Hempacco Co ROCE % Related Terms

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Hempacco Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » Hempacco Co Inc (OTCPK:HPCO) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

9925 Airway Road, San Diego, CA, USA, 92154

Website

https://hempaccoinc.com

Hempacco Co Inc is engaged in manufacturing and selling nicotine-free and tobacco-free alternatives to traditional cigarettes. It utilizes a proprietary, patented spraying technology for terpene infusion and patent-pending flavored filter infusion technology to manufacture hemp and herb-based smokable alternatives. The company's operating segments include private label manufacturing and sales, intellectual property licensing, and the development and sales of inhouse brands using patented counter displays.

Executives

Stuart W Titus	director	2015 S. TUTTLE AVE A, SARASOTA FL 34239
Sandro Piancone	director, 10 percent owner, officer: CEO & President	826 SCENIC TERRANCE PLACE, CHULA VISTA CA 92154
Neville Pearson	officer: Chief Financial Officer	9925 AIRWAY ROAD, SAN DIEGO CA 92154
Miki Stephens	director	9925 AIRWAY ROAD, SAN DIEGO CA 92154
Jerry Halamuda	director	9925 AIRWAY ROAD, SAN DIEGO CA 92154