Cymat Technologies (TSXV:CYM) ROCE % : 0.00% (As of Oct. 2024)

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What is Cymat 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. Cymat Technologies's annualized ROCE % for the quarter that ended in Oct. 2024 was 0.00%.

Cymat Technologies ROCE % Historical Data

The historical data trend for Cymat 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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Cymat Technologies ROCE % Chart

Cymat Technologies Annual Data

Trend

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Apr24

ROCE %

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-6,914.29

3.28

-102.00

-199.03

-562.39

Cymat Technologies Quarterly Data
	Jan20	Apr20	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															-387.81	-541.06	-	-	-

Cymat Technologies ROCE % Calculation

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

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Apr. 2024 )		(A: Apr. 2023 )		(A: Apr. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Apr. 2024 )		(A: Apr. 2023 )		(A: Apr. 2024 )
	=	-3.858	/	( ( (4.156 - 2.208)	+	(3.962 - 4.538) )	/ 2 )
	=	-3.858	/	( (1.948	+	-0.576)	/ 2 )
	=	-3.858	/	0.686
	=	-562.39 %

Cymat 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 )
	=	-3.212	/	( ( (3.208 - 4.406)	+	(3.49 - 5.742) )	/ 2 )
	=	-3.212	/	( ( -1.198	+	-2.252 )	/ 2 )
	=	-3.212	/	-1.725
	=	0 %

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

Cymat Technologies (TSXV:CYM) 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.

Cymat Technologies ROCE % Related Terms

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Cymat Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Cymat Technologies Ltd (TSXV:CYM) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

CYMHF:USA

Address

6320 Danville Road, Unit 2, Mississauga, ON, CAN, L5T 2L7

Website

https://www.cymat.com

Cymat Technologies Ltd is a manufacturing company, which holds licenses and related patents to make, use and sell Stabilized Aluminum Foam (SAF). SAF is produced utilizing a proprietary process in which gas is bubbled into molten alloyed aluminum containing a dispersion of fine ceramic particles to create foam, which is then cast into lightweight panels and shapes. The firm is manufacturing SAF for use in architectural, blast mitigation and energy absorption applications. Its products are used in the automotive and industrial markets.

Executives

Harold James Johnson	Senior Officer
Angie Deyannis	Senior Officer
Horace Shepard Boone	10% Security Holder
Martin Joseph Mazza	Director

Cymat Technologies Headlines

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