Solar Integrated Roofing (Solar Integrated Roofing) ROCE % : 30.22% (As of Sep. 2022)

View and export this data going back to 2009. Start your Free Trial

What is Solar Integrated Roofing 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. Solar Integrated Roofing's annualized ROCE % for the quarter that ended in Sep. 2022 was 30.22%.

Solar Integrated Roofing ROCE % Historical Data

The historical data trend for Solar Integrated Roofing'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.

Solar Integrated Roofing ROCE % Chart

Solar Integrated Roofing Annual Data

Trend

Feb08

Feb09

ROCE %

-13.12

-30.70

Solar Integrated Roofing Quarterly Data
	Aug07	Nov07	Feb08	May08	Aug08	Nov08	Feb09	May09	Aug09	Nov09	Feb10	May10	Aug10	Nov10	Sep21	Sep22
ROCE %	Get a 7-Day Free Trial											-37.41	-31.35	-43.04	-1,772.58	30.22

Solar Integrated Roofing ROCE % Calculation

Solar Integrated Roofing's annualized ROCE % for the fiscal year that ended in Feb. 2009 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Feb. 2009 )		(A: Feb. 2008 )		(A: Feb. 2009 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Feb. 2009 )		(A: Feb. 2008 )		(A: Feb. 2009 )
	=	-0.324	/	( ( (1.363 - 0.029)	+	(0.78 - 0.003) )	/ 2 )
	=	-0.324	/	( (1.334	+	0.777)	/ 2 )
	=	-0.324	/	1.0555
	=	-30.70 %

Solar Integrated Roofing's ROCE % of for the quarter that ended in Sep. 2022 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2022 )		(Q: Sep. 2021 )		(Q: Sep. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2022 )		(Q: Sep. 2021 )		(Q: Sep. 2022 )
	=	29.272	/	( ( (0 - 0)	+	(153.688 - 56.839) )	/ 1 )
	=	29.272	/	( ( 0	+	96.849 )	/ 1 )
	=	29.272	/	96.849
	=	30.22 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2022) EBIT data.

Solar Integrated Roofing (OTCPK:SIRC) 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.

Solar Integrated Roofing ROCE % Related Terms

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

Solar Integrated Roofing (Solar Integrated Roofing) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Solar Integrated Roofing Corp (OTCPK:SIRC) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

2831 St. Rose Pkwy, Suite 200, Henderson, NV, USA, 89052

Website

https://www.solarintegratedroofingcorp.com

Solar Integrated Roofing Corp is an integrated solar and roofing installation company specializing in commercial and residential properties with a focus on the acquisitions of like companies.

Executives

Richard G Stifel	officer: CFO/Secretary	6501 E. GREENWAY PKWY, SUITE 103-412, SCOTTSDALE AZ 85254
Timothy Barritt	director, officer: CEO/President	201 WEST LAKEWAY, SUITE 1000, GILLETTE WY 82718
Raymond Murphy	director, officer: COO/Vice President	201 WEST LAKEWAY, SUITE 1000, GILLETTE WY 82718
Richard Stockdale	director, officer: Treasurer/Vice President	201 WEST LAKEWAY, SUITE 1000, GILLETTE WY 82718