RENO (Renovare Environmental) ROCE %: 0.00% (As of Mar. 2022)


RENO Renovare Environmental Inc RENO
12 GF Score
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What is Renovare Environmental ROCE %?

Renovare Environmental RENO 12 ROCE % is 0.00% as of Mar. 2022. GuruFocus rates RENO with a GF Score™ of 12/100.

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. Renovare Environmental's annualized ROCE % for the quarter that ended in Mar. 2022 was 0.00%.

Renovare Environmental  (OTCPK:RENO) 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.

Renovare Environmental ROCE % Related Terms

Renovare Environmental ROCE % Historical Data

* Premium members only.

The historical data trend for Renovare Environmental'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.

Renovare Environmental ROCE % Chart

Renovare Environmental Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
ROCE %
Get a 7-Day Free Trial Premium Member Only -380.46 -43.99 -14.76 -27.83 -110.24

Renovare Environmental Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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 -12.96 -19.89 -7.43 -340.90 0.00
RENO
12GF Score
Renovare Environmental Inc RENO
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Renovare Environmental ROCE % Calculation

Renovare Environmental's annualized ROCE % for the fiscal year that ended in Dec. 2021 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=-18.131/( ( (56.686 - 18.349) + (42.336 - 47.778) )/ 2 )
=-18.131/( (38.337+-5.442)/ 2 )
=-18.131/16.4475
=-110.24 %

Renovare Environmental's ROCE % of for the quarter that ended in Mar. 2022 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2022 )  (Q: Dec. 2021 )(Q: Mar. 2022 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2022 )  (Q: Dec. 2021 )(Q: Mar. 2022 )
=-9.18/( ( (42.336 - 47.778) + (39.837 - 47.437) )/ 2 )
=-9.18/( ( -5.442 + -7.6 )/ 2 )
=-9.18/-6.521
=0 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2022) 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?
Renovare Environmental (RENO) has a ROCE % of 0.00% as of Mar. 2022.
Is Renovare Environmental's ROCE % too high?
Renovare Environmental's current ROCE % is 0.00%. Overall, Renovare Environmental has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Renovare Environmental's ROCE % compare to PCTL and QWTR?
Renovare Environmental's ROCE % of 0.00% can be compared against companies in the Industrial Products industry. The industry median ROCE % is 7.10. 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 7.10, based on 3,032 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 7.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Renovare Environmental'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 Renovare Environmental stock overvalued right now?
Renovare Environmental (RENO) has a current ROCE % of 0.00%. The current ROCE % is 0.00%. Renovare Environmental's overall GF Score™ is 12/100. 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 Renovare Environmental (RENO), the current ROCE % is 0.00% as of Mar. 2022. 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.

Renovare Environmental Business Description

Address 80 Red Schoolhouse Road, Suite 101, Chestnut Ridge, NY, USA, 10977
Renovare Environmental Inc is a technology services company focused on providing cost-effective solutions that improve environmental outcomes. It provides a cost-effective path to ecological sustainability for private and public organizations. The company solutions include Food Digesters and Cloud-based Analytics.
12GF 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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