Minehub Technologies (STU:2RS0) ROCE % : -1,512.93% (As of Oct. 2024)

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What is Minehub Technologies 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. Minehub Technologies's annualized ROCE % for the quarter that ended in Oct. 2024 was -1,512.93%.

Minehub Technologies ROCE % Historical Data

The historical data trend for Minehub 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.

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Minehub Technologies ROCE % Chart

Minehub Technologies Annual Data

Trend

Jan20

Jan21

Jan22

Jan23

Jan24

ROCE %

-2,315.34

-895.09

-465.28

Minehub Technologies Quarterly Data
	Jan20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24
ROCE %	Get a 7-Day Free Trial														-2,680.85	-312.57	-228.61	-733.33	-1,512.93

Minehub Technologies ROCE % Calculation

Minehub Technologies's annualized ROCE % for the fiscal year that ended in Jan. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jan. 2024 )		(A: Jan. 2023 )		(A: Jan. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jan. 2024 )		(A: Jan. 2023 )		(A: Jan. 2024 )
	=	-4.355	/	( ( (1.093 - 1.128)	+	(3.586 - 1.679) )	/ 2 )
	=	-4.355	/	( (-0.035	+	1.907)	/ 2 )
	=	-4.355	/	0.936
	=	-465.28 %

Minehub Technologies's ROCE % of for the quarter that ended in Oct. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Oct. 2024 )		(Q: Jul. 2024 )		(Q: Oct. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Oct. 2024 )		(Q: Jul. 2024 )		(Q: Oct. 2024 )
	=	-4.796	/	( ( (1.209 - 1.142)	+	(1.703 - 1.136) )	/ 2 )
	=	-4.796	/	( ( 0.067	+	0.567 )	/ 2 )
	=	-4.796	/	0.317
	=	-1,512.93 %

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

Minehub Technologies (STU:2RS0) 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.

Minehub Technologies ROCE % Related Terms

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Minehub Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Minehub Technologies Inc (STU:2RS0) » Definitions » ROCE %

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Traded in Other Exchanges

MHUBF:USA MHUB:Canada

Address

1030 West Georgia Street, Suite 717, Vancouver, BC, CAN, V6E 2Y3

Website

https://www.minehub.com

Minehub Technologies Inc is a technology company engaged in the development and operation of a digital supply chain platform for the commodity markets.

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