IHAI (Innovative Holdings Alliance) ROCE %: 0.00% (As of Aug. 2023)


IHAI Innovative Holdings Alliance Inc IHAI
33 GF Score
Price $0.09
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What is Innovative Holdings Alliance ROCE %?

Innovative Holdings Alliance IHAI +12.50% 33 ROCE % is 0.00% as of Aug. 2023. GuruFocus rates IHAI with a GF Score™ of 33/100.

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. Innovative Holdings Alliance's annualized ROCE % for the quarter that ended in Aug. 2023 was 0.00%.

Innovative Holdings Alliance  (OTCPK:IHAI) 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.

Innovative Holdings Alliance ROCE % Related Terms

Innovative Holdings Alliance ROCE % Historical Data

* Premium members only.

The historical data trend for Innovative Holdings Alliance'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.

Innovative Holdings Alliance ROCE % Chart

Innovative Holdings Alliance Annual Data
Trend
ROCE %

Innovative Holdings Alliance Semi-Annual Data
Aug22 Aug23
ROCE % 0.00 0.00
IHAI
33GF Score
Innovative Holdings Alliance Inc IHAI
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Innovative Holdings Alliance ROCE % Calculation

Innovative Holdings Alliance's annualized ROCE % for the fiscal year that ended in . 20 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=/( ( ( - ) + ( - ) )/ )
=/( (+)/ )
=/
= %

Innovative Holdings Alliance's ROCE % of for the quarter that ended in Aug. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Aug. 2023 )  (Q: Aug. 2022 )(Q: Aug. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Aug. 2023 )  (Q: Aug. 2022 )(Q: Aug. 2023 )
=-0.032/( ( (0 - 0) + (0.092 - 0.436) )/ 1 )
=-0.032/( ( 0 + -0.344 )/ 1 )
=-0.032/-0.344
=0 %

(1) Note: The EBIT data used here is one times the annual (Aug. 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 0.00% mean?
Innovative Holdings Alliance (IHAI) has a ROCE % of 0.00% as of Aug. 2023.
Is Innovative Holdings Alliance's ROCE % too high?
Innovative Holdings Alliance's current ROCE % is 0.00%. Overall, Innovative Holdings Alliance has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Innovative Holdings Alliance's ROCE % compare to RENI and SRNW?
Innovative Holdings Alliance's ROCE % of 0.00% can be compared against companies in the Diversified Financial Services 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 Diversified Financial Services company?
A good ROCE % depends on the Diversified Financial Services 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. Innovative Holdings Alliance'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 Innovative Holdings Alliance stock overvalued right now?
Innovative Holdings Alliance (IHAI) has a current ROCE % of 0.00%. The current ROCE % is 0.00%. Innovative Holdings Alliance's overall GF Score™ is 33/100. 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 Innovative Holdings Alliance (IHAI), the current ROCE % is 0.00% as of Aug. 2023. 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.

Innovative Holdings Alliance Business Description

Address 2300 Lakeview Parkway, Suite 700, Alpharetta, GA, USA, 30009
Innovative Holdings Alliance Inc plans to participate in and acquire interests that are edge in their respective market niches and have expectations of enhancing shareholder value. It is a U.S. technology development company focused on international battery power management and energy optimization. Premergy's patent-protected electric vehicle battery management design and control systems address two key issues in the electric vehicle marketplace, vehicle range and battery thermal stress.
33GF Score

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ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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