HYHY (Hydrogen Hybrid Technologies) ROCE %: -114.87% (As of Mar. 2009)


What is Hydrogen Hybrid Technologies ROCE %?

Hydrogen Hybrid Technologies HYHY -99.00% ROCE % is -114.87% as of Mar. 2009.

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 Hybrid Technologies's annualized ROCE % for the quarter that ended in Mar. 2009 was -114.87%.

Hydrogen Hybrid Technologies  (OTCPK:HYHY) 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 Hybrid Technologies ROCE % Related Terms

Hydrogen Hybrid Technologies ROCE % Historical Data

* Premium members only.

The historical data trend for Hydrogen Hybrid Technologies'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.

Hydrogen Hybrid Technologies ROCE % Chart

Hydrogen Hybrid Technologies Annual Data
Trend Dec05 Dec06 Sep07 Sep08
ROCE %
0.00 0.00 -53.79 -118.91

Hydrogen Hybrid Technologies Quarterly Data
Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09
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 1.35 -1.66 -486.30 28.09 -114.87

Hydrogen Hybrid Technologies ROCE % Calculation

Hydrogen Hybrid Technologies's annualized ROCE % for the fiscal year that ended in Sep. 2008 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Sep. 2008 )  (A: Sep. 2007 )(A: Sep. 2008 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Sep. 2008 )  (A: Sep. 2007 )(A: Sep. 2008 )
=-3.063/( ( (5.341 - 1.101) + (2.31 - 1.398) )/ 2 )
=-3.063/( (4.24+0.912)/ 2 )
=-3.063/2.576
=-118.91 %

Hydrogen Hybrid Technologies's ROCE % of for the quarter that ended in Mar. 2009 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2009 )  (Q: Dec. 2008 )(Q: Mar. 2009 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2009 )  (Q: Dec. 2008 )(Q: Mar. 2009 )
=-0.9/( ( (1.966 - 1.141) + (1.873 - 1.131) )/ 2 )
=-0.9/( ( 0.825 + 0.742 )/ 2 )
=-0.9/0.7835
=-114.87 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2009) 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 -114.87% mean?
Hydrogen Hybrid Technologies (HYHY) has a ROCE % of -114.87% as of Mar. 2009.
Is Hydrogen Hybrid Technologies' ROCE % too high?
Hydrogen Hybrid Technologies' current ROCE % is -114.87%.
How does Hydrogen Hybrid Technologies' ROCE % compare to ENCR and ESNC?
Hydrogen Hybrid Technologies' ROCE % of -114.87% can be compared against companies in the Industrial Products industry. The industry median ROCE % is 7.08. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for an Industrial Products company?
The median ROCE % among Industrial Products companies is 7.08, based on 3,026 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. 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. For the Industrial Products industry, the median ROCE % is 7.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hydrogen Hybrid Technologies's current ROCE % is -114.87%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hydrogen Hybrid Technologies stock overvalued right now?
Hydrogen Hybrid Technologies (HYHY) has a current ROCE % of -114.87%. The current ROCE % is -114.87%. 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 Hydrogen Hybrid Technologies (HYHY), the current ROCE % is -114.87% as of Mar. 2009. 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.

Hydrogen Hybrid Technologies Business Description

Address 62 Waterbridge Way, Toronto, ON, CAN, M1C 5B9
Hydrogen Hybrid Technologies Inc is engaged in the business of selling and distributing of on-board hydrogen generating and injections systems for the Original Equipment Manufacturer, car and light truck markets globally.