TGI Solar Power Group (TGI Solar Power Group) ROCE % : 0.00% (As of Jul. 2023)

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What is TGI Solar Power Group 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. TGI Solar Power Group's annualized ROCE % for the quarter that ended in Jul. 2023 was 0.00%.

TGI Solar Power Group ROCE % Historical Data

The historical data trend for TGI Solar Power Group'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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TGI Solar Power Group ROCE % Chart

TGI Solar Power Group Annual Data

Trend

Jul15

Jul16

Jul17

Jul22

Jul23

ROCE %

-413.56

-1,004.55

TGI Solar Power Group Semi-Annual Data
	Jul15	Jul16	Jul17	Jul22	Jul23
ROCE %	-	-413.56	-1,004.55	-	-

TGI Solar Power Group ROCE % Calculation

TGI Solar Power Group's annualized ROCE % for the fiscal year that ended in Jul. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jul. 2023 )		(A: Jul. 2022 )		(A: Jul. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jul. 2023 )		(A: Jul. 2022 )		(A: Jul. 2023 )
	=	-0.041	/	( ( (0.298 - 0.962)	+	(0.292 - 1.009) )	/ 2 )
	=	-0.041	/	( (-0.664	+	-0.717)	/ 2 )
	=	-0.041	/	-0.6905
	=	5.94 %

TGI Solar Power Group's ROCE % of for the quarter that ended in Jul. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jul. 2023 )		(Q: Jul. 2022 )		(Q: Jul. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jul. 2023 )		(Q: Jul. 2022 )		(Q: Jul. 2023 )
	=	-0.041	/	( ( (0.298 - 0.962)	+	(0.292 - 1.009) )	/ 2 )
	=	-0.041	/	( ( -0.664	+	-0.717 )	/ 2 )
	=	-0.041	/	-0.6905
	=	0 %

(1) Note: The EBIT data used here is one times the annual (Jul. 2023) EBIT data.

TGI Solar Power Group (OTCPK:TSPG) 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.

TGI Solar Power Group ROCE % Related Terms

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TGI Solar Power Group (TGI Solar Power Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » TGI Solar Power Group Inc (OTCPK:TSPG) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1801 North East 123rd Street, North Miami, FL, USA, 33181

Website

https://www.tgipower.com

TGI Solar Power Group Inc is engaged in the business of providing potential alternative energy solutions to residential and business customers. The company offers services such as Management Consulting, Project Management, International Business Development, Strategic Alliances, New Technology Incubator, Smart Sustainable City Development & Many More.

Executives

R Paul Gray	director, 10 percent owner, officer: Executive VP of Business Dev.	C/O UNITED THERAPEUTICS CORP, 1110 SPRING STREET, SILVER SPRINGS MD 20910
David A Dedman	director	44050 ASHBURN PLAZA, SUITE 195, ASHBURN VA 20147
Neil Booth Strodel	director	6 TEASEL LANE, SKANEATELES NY 13152
Wisneski John Thomas Jr	director	2706 CLEARVIEW ROAD, ALLISON PARK PA 15101
Matthew Freeman Taylor	director, other: Self	839 SOUTHRIDGE GREENS BLVD, FORT COLLINS CO 80525
Sequence Holdings Llc	10 percent owner	192 EAST BAY STREET, SUITE 300, CHARLESTON SC 29401
Linda Joy Putnam	officer: Vice President and CFO	141 HERNDON MILL CIRCLE, HERNDON VA 20170
Core Concepts, Llc	10 percent owner	44050 ASHBURN PLAZA, SUITE 195, ASHBURN VA 20147
Timothy S Novak	director, 10 percent owner, other: * See Remarks	8374 MARKET ST, STE 439, BRADENTON FL 34202
Tenthgate, Inc.	10 percent owner	44050 ASHBURN PLAZA, SUITE 195, ASHBURN VA 20147