H-Source Holdings (TSXV:HSI.H) ROCE % : 0.00% (As of Sep. 2020)

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What is H-Source Holdings 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. H-Source Holdings's annualized ROCE % for the quarter that ended in Sep. 2020 was 0.00%.

H-Source Holdings ROCE % Historical Data

The historical data trend for H-Source Holdings'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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H-Source Holdings ROCE % Chart

H-Source Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

ROCE %

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-593.50

-268.54

-329.84

-1,104.83

H-Source Holdings Quarterly Data
	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20
ROCE %	Get a 7-Day Free Trial															-	-	-	-	-

H-Source Holdings ROCE % Calculation

H-Source Holdings's annualized ROCE % for the fiscal year that ended in Dec. 2019 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2019 )		(A: Dec. 2018 )		(A: Dec. 2019 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2019 )		(A: Dec. 2018 )		(A: Dec. 2019 )
	=	-3.051	/	( ( (1.241 - 1.29)	+	(1.248 - 5.104) )	/ 2 )
	=	-3.051	/	( (-0.049	+	-3.856)	/ 2 )
	=	-3.051	/	-1.9525
	=	156.26 %

H-Source Holdings's ROCE % of for the quarter that ended in Sep. 2020 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2020 )		(Q: Jun. 2020 )		(Q: Sep. 2020 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2020 )		(Q: Jun. 2020 )		(Q: Sep. 2020 )
	=	-2.116	/	( ( (1.691 - 7.136)	+	(1.222 - 7.279) )	/ 2 )
	=	-2.116	/	( ( -5.445	+	-6.057 )	/ 2 )
	=	-2.116	/	-5.751
	=	0 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2020) EBIT data.

H-Source Holdings (TSXV:HSI.H) 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.

H-Source Holdings ROCE % Related Terms

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H-Source Holdings (TSXV:HSI.H) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » H-Source Holdings Ltd (TSXV:HSI.H) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

120 N. Pine Street, Suite 170, Spokane, WA, USA, 99202

Website

https://www.h-source.com

H-Source Holdings Ltd is a technology company which has significant experience in hospital and supply chain systems. The firm has developed a digital platform and network to operate in the healthcare industry and offers a private, hospital-to-hospital marketplace that allows members to buy, sell, and transfer inventory supplies and capital equipment with each other. Members can conduct secure transactions within Integrated Delivery Networks (IDNs), Group Purchasing Organizations (GPOs) or customize their own group of hospitals using the company's built-in filters to reduce health care costs and medical products waste.

H-Source Holdings (TSXV:HSI.H) Headlines

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