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HYSR (SunHydrogen) ROCE % : -19.17% (As of Sep. 2024)


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What is SunHydrogen 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. SunHydrogen's annualized ROCE % for the quarter that ended in Sep. 2024 was -19.17%.


SunHydrogen ROCE % Historical Data

The historical data trend for SunHydrogen'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.

SunHydrogen ROCE % Chart

SunHydrogen Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 2.76 -21.13

SunHydrogen Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -3.51 -24.52 -34.60 -21.78 -19.17

SunHydrogen ROCE % Calculation

SunHydrogen's annualized ROCE % for the fiscal year that ended in Jun. 2024 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Jun. 2024 )  (A: Jun. 2023 )(A: Jun. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Jun. 2024 )  (A: Jun. 2023 )(A: Jun. 2024 )
=-9.877/( ( (51.212 - 0.34) + (43.368 - 0.76) )/ 2 )
=-9.877/( (50.872+42.608)/ 2 )
=-9.877/46.74
=-21.13 %

SunHydrogen'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 )
=-8.184/( ( (43.368 - 0.76) + (43.36 - 0.587) )/ 2 )
=-8.184/( ( 42.608 + 42.773 )/ 2 )
=-8.184/42.6905
=-19.17 %

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


SunHydrogen  (OTCPK:HYSR) 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.


SunHydrogen ROCE % Related Terms

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SunHydrogen Business Description

Traded in Other Exchanges
Address
BioVentures Center, 2500 Crosspark Road, Coralville, IA, USA, 52241
SunHydrogen Inc is engaged in developing a novel solar-powered nanoparticle system that mimics photosynthesis to separate hydrogen from water. It offers an efficient and cost-effective way to produce truly green hydrogen using sunlight and any source of water. The company serves transportation; power generation; industrial energy; building heat and power and other markets.
Executives
Kim Woosuk director, officer: Chief Operating Officer 10 E. YANONALI, SUITE 36, SANTA BARBRA CA 93101
Timothy Alan Young director, officer: Chief Executive Officer 93 CASTILIAN DRIVE, GOLETA CA 93117
Mark J Richardson director 233 WILSHIRE BLVD., STE 820, SANTA MONICA CA 90401
Christopher Reid Marquis director 93 CASTILIAN, SUITE B-200, SANTA BARBARA CA 93117

SunHydrogen Headlines

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