GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Fusion Fuel Green PLC (NAS:HTOO) » Definitions » ROCE %

Fusion Fuel Green (Fusion Fuel Green) ROCE % : 0.00% (As of Jun. 2023)


View and export this data going back to 2020. Start your Free Trial

What is Fusion Fuel Green 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. Fusion Fuel Green's annualized ROCE % for the quarter that ended in Jun. 2023 was 0.00%.


Fusion Fuel Green ROCE % Historical Data

The historical data trend for Fusion Fuel Green'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.

* Premium members only.

Fusion Fuel Green ROCE % Chart

Fusion Fuel Green Annual Data
Trend Dec19 Dec20 Dec21 Dec22
ROCE %
-200.00 -4,973.19 81.54 -58.49

Fusion Fuel Green Quarterly Data
Dec19 Jun20 Dec20 Jun21 Sep21 Dec21 Jun22 Sep22 Dec22 Jun23
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only 201.67 - -24.45 -164.33 -

Fusion Fuel Green ROCE % Calculation

Fusion Fuel Green's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=-28.868/( ( (78.247 - 21.837) + (69.243 - 26.945) )/ 2 )
=-28.868/( (56.41+42.298)/ 2 )
=-28.868/49.354
=-58.49 %

Fusion Fuel Green's ROCE % of for the quarter that ended in Jun. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jun. 2023 )  (Q: Dec. 2022 )(Q: Jun. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jun. 2023 )  (Q: Dec. 2022 )(Q: Jun. 2023 )
=0/( ( (69.243 - 26.945) + (66.831 - 30.258) )/ 2 )
=0/( ( 42.298 + 36.573 )/ 2 )
=0/39.4355
=0.00 %

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


Fusion Fuel Green  (NAS:HTOO) 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.


Fusion Fuel Green ROCE % Related Terms

Thank you for viewing the detailed overview of Fusion Fuel Green's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Fusion Fuel Green (Fusion Fuel Green) Business Description

Traded in Other Exchanges
Address
15 - 18 Earlsfort Terrace, Saint Kevin’s, Dublin, IRL, D02 YX28
Fusion Fuel Green PLC is a company that has developed a Green Hydrogen production technology. It is focused on generating cost-effective and competitively priced Green Hydrogen.