Hopefield Ventures Two (TSXV:HVII.P) ROCE % : -45.47% (As of Sep. 2024)

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What is Hopefield Ventures Two 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. Hopefield Ventures Two's annualized ROCE % for the quarter that ended in Sep. 2024 was -45.47%.

Hopefield Ventures Two ROCE % Historical Data

The historical data trend for Hopefield Ventures Two'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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Hopefield Ventures Two ROCE % Chart

Hopefield Ventures Two Annual Data

Trend

Dec22

Dec23

ROCE %

-14.14

Hopefield Ventures Two Quarterly Data
	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial					-16.61	-16.55	-39.63	-65.33	-45.47

Hopefield Ventures Two ROCE % Calculation

Hopefield Ventures Two'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 )
	=	-0.143	/	( ( (1.053 - 0.047)	+	(1.056 - 0.039) )	/ 2 )
	=	-0.143	/	( (1.006	+	1.017)	/ 2 )
	=	-0.143	/	1.0115
	=	-14.14 %

Hopefield Ventures Two's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	-0.336	/	( ( (0.963 - 0.182)	+	(0.771 - 0.074) )	/ 2 )
	=	-0.336	/	( ( 0.781	+	0.697 )	/ 2 )
	=	-0.336	/	0.739
	=	-45.47 %

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

Hopefield Ventures Two (TSXV:HVII.P) 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.

Hopefield Ventures Two ROCE % Related Terms

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Hopefield Ventures Two Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Hopefield Ventures Two Inc (TSXV:HVII.P) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

885 West Georgia Street, 2200 HSBC Building, Vancouver, BC, CAN, V6C 3E8

Website

Hopefield Ventures Two Inc is a capital pool company.

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