Jade Power Trust (Jade Power Trust) ROCE % : -7.62% (As of Dec. 2023)

View and export this data going back to 2017. Start your Free Trial

What is Jade Power Trust 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. Jade Power Trust's annualized ROCE % for the quarter that ended in Dec. 2023 was -7.62%.

Jade Power Trust ROCE % Historical Data

The historical data trend for Jade Power Trust'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.

Jade Power Trust ROCE % Chart

Jade Power Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

8.74

8.06

9.42

124.13

-25.10

Jade Power Trust Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															579.24	-25.84	-37.69	-31.92	-7.62

Jade Power Trust ROCE % Calculation

Jade Power Trust's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	-0.736	/	( ( (14.197 - 10.957)	+	(3.055 - 0.431) )	/ 2 )
	=	-0.736	/	( (3.24	+	2.624)	/ 2 )
	=	-0.736	/	2.932
	=	-25.10 %

Jade Power Trust's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	-0.192	/	( ( (6.31 - 3.893)	+	(3.055 - 0.431) )	/ 2 )
	=	-0.192	/	( ( 2.417	+	2.624 )	/ 2 )
	=	-0.192	/	2.5205
	=	-7.62 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Jade Power Trust (OTCPK:TNSTF) 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.

Jade Power Trust ROCE % Related Terms

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

Jade Power Trust (Jade Power Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Jade Power Trust (OTCPK:TNSTF) » Definitions » ROCE %

Traded in Other Exchanges

JPWR.H:Canada

Address

181 Bay Street, Suite 1800, Toronto, ON, CAN, M5J 2T9

Website

https://www.jadepower.com

Jade Power Trust is engaged in the energy business. It is focused on the development and generation of energy from clean energy sources. Its portfolio currently consists of wind, solar, and hydro power generation assets. The company owns and operates two wind projects named Baia and East Wind, two photovoltaic solar power production plants named Corabia and PowerLIVE, and two hydroelectric facilities named Rott and Zagra.

Jade Power Trust (Jade Power Trust) Headlines

No Headlines