SYNE (Synthesis Energy Systems) ROCE %: 0.00% (As of Dec. 2019)

What is Synthesis Energy Systems ROCE %?

Synthesis Energy Systems SYNE -99.00% 12 ROCE % is 0.00% as of Dec. 2019. GuruFocus rates SYNE 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. Synthesis Energy Systems's annualized ROCE % for the quarter that ended in Dec. 2019 was 0.00%.

Synthesis Energy Systems (OTCPK:SYNE) 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.

Synthesis Energy Systems ROCE % Related Terms

Synthesis Energy Systems ROCE % Historical Data

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The historical data trend for Synthesis Energy Systems'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.

Synthesis Energy Systems ROCE % Chart

Synthesis Energy Systems Annual Data

Trend

Jun10

Jun11

Jun12

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

ROCE %

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-54.50

-22.88

-105.97

-67.69

-139.33

Synthesis Energy Systems Quarterly Data
	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19
ROCE %	Get a 7-Day Free Trial															-71.02	-198.65	-2,044.82	-543.52	0.00

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Synthesis Energy Systems Inc SYNE

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Synthesis Energy Systems ROCE % Calculation

Synthesis Energy Systems's annualized ROCE % for the fiscal year that ended in Jun. 2019 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2019 )		(A: Jun. 2018 )		(A: Jun. 2019 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2019 )		(A: Jun. 2018 )		(A: Jun. 2019 )
	=	-9.394	/	( ( (14.314 - 1.681)	+	(2.656 - 1.804) )	/ 2 )
	=	-9.394	/	( (12.633	+	0.852)	/ 2 )
	=	-9.394	/	6.7425
	=	-139.33 %

Synthesis Energy Systems's ROCE % of for the quarter that ended in Dec. 2019 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2019 )		(Q: Sep. 2019 )		(Q: Dec. 2019 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2019 )		(Q: Sep. 2019 )		(Q: Dec. 2019 )
	=	-84.36	/	( ( (2.063 - 2.051)	+	(2.402 - 3.029) )	/ 2 )
	=	-84.36	/	( ( 0.012	+	-0.627 )	/ 2 )
	=	-84.36	/	-0.3075
	=	0 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2019) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of 0.00% mean?

Synthesis Energy Systems (SYNE) has a ROCE % of 0.00% as of Dec. 2019.

Is Synthesis Energy Systems' ROCE % too high?

Synthesis Energy Systems' current ROCE % is 0.00%. Overall, Synthesis Energy Systems has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.

How does Synthesis Energy Systems' ROCE % compare to SMGI and ALYE?

Synthesis Energy Systems' ROCE % of 0.00% can be compared against companies in the Oil & Gas industry. The industry median ROCE % is 6.85. 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 Oil & Gas company?

The median ROCE % among Oil & Gas companies is 6.85, based on 981 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 Oil & Gas industry, the median ROCE % is 6.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Synthesis Energy Systems'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 Synthesis Energy Systems stock overvalued right now?

Synthesis Energy Systems (SYNE) has a current ROCE % of 0.00%. The current ROCE % is 0.00%. Synthesis Energy Systems' 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 Synthesis Energy Systems (SYNE), the current ROCE % is 0.00% as of Dec. 2019. 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.

Synthesis Energy Systems Business Description

Industry Energy Oil & Gas

Comparable Companies SMGI ALYE FLSS CRRTQ HOSSQ BANM MARPS DPDW AGTX SAEX SLB BKR HAL SHSE:601808 MIL:TEN XAMS:VPK NOV XKLS:7277 SZSE:002353 SHSE:600968

Address One Riverway, Suite 1700, Houston, TX, USA, 77056

Website http://www.synthesisenergy.com

Synthesis Energy Systems Inc is a US-based clean energy company that develops, builds and owns clean energy projects. The company provides proprietary gasification technology systems and solutions to the energy and chemical industries. Its gasification technology is a flexible, efficient and economic technology used for the production of synthesis gas or syngas which is a mixture of hydrogen, carbon monoxide and methane. Business activities of the company include supplying its proprietary gasification technology, equipment, and services into projects where these lower cost feedstocks can be profitably converted into clean syngas, which can then be used to produce a variety of high-value energy and chemical products.

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