ECN Capital (TSX:ECN) ROCE % : -0.46% (As of Dec. 2024)

View and export this data going back to 2016. Start your Free Trial

What is ECN Capital 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. ECN Capital's annualized ROCE % for the quarter that ended in Dec. 2024 was -0.46%.

ECN Capital ROCE % Historical Data

The historical data trend for ECN Capital'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.

ECN Capital ROCE % Chart

ECN Capital Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

Get a 7-Day Free Trial

-0.09

-1.77

2.50

-4.35

1.47

ECN Capital Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															-10.29	-2.07	3.37	5.30	-0.46

ECN Capital ROCE % Calculation

ECN Capital's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	21.44	/	( ( (1723.732 - 77.053)	+	(1335.165 - 72.104) )	/ 2 )
	=	21.44	/	( (1646.679	+	1263.061)	/ 2 )
	=	21.44	/	1454.87
	=	1.47 %

ECN Capital's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	-5.84	/	( ( (1358.887 - 64.627)	+	(1335.165 - 72.104) )	/ 2 )
	=	-5.84	/	( ( 1294.26	+	1263.061 )	/ 2 )
	=	-5.84	/	1278.6605
	=	-0.46 %

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

ECN Capital (TSX:ECN) 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.

ECN Capital ROCE % Related Terms

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

ECN Capital Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » ECN Capital Corp (TSX:ECN) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

ECNCF:USA ECN.PR.C.PFD:Canada

Address

199 Bay Street, Suite 4000, Commerce Court West, Toronto, ON, CAN, M5L1A9

Website

https://www.ecncapitalcorp.com

ECN Capital Corp is a financial business service provider. The group originates, manages, and advises on credit assets on behalf of its partners, specifically consumer loans and commercial loans. The company's operating segment includes Manufactured Housing Finance and Recreational Vehicle and Marine (RV and Marine) Finance. It generates majority revenue from Manufactured Housing Finance segment.

Executives

Steven Kenneth Hudson	Director, Senior Officer
Paul James Stoyan	Director
William Wayne Lovatt	Director
John Phillip Menard	Senior Officer
Carol Elizabeth Goldman	Director
Karen Lynne Martin	Director
Michael Mccormack	Senior Officer
Scott William Shaw	Senior Officer
Michael Shane Lepore	Senior Officer
Algis Vaitonis	Senior Officer
James Barry	Senior Officer
Mary Beth Koenig	Senior Officer
David Dyson Morris	Director
Kyle Francesco Morabito	Senior Officer

ECN Capital Headlines

No Headlines