Impact Development Group (TSXV:IMPT) ROCE % : -87.61% (As of Sep. 2024)

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What is Impact Development 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. Impact Development Group's annualized ROCE % for the quarter that ended in Sep. 2024 was -87.61%.

Impact Development Group ROCE % Historical Data

The historical data trend for Impact Development 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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Impact Development Group ROCE % Chart

Impact Development Group Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

2.11

-9.58

-17.14

-42.55

85.76

Impact Development Group Quarterly Data
	Dec19	Dec20	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial						-21.13	-14.05	411.72	-19.46	-87.61

Impact Development Group ROCE % Calculation

Impact Development Group'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 )
	=	21.663	/	( ( (38.7 - 12.114)	+	(35.704 - 11.771) )	/ 2 )
	=	21.663	/	( (26.586	+	23.933)	/ 2 )
	=	21.663	/	25.2595
	=	85.76 %

Impact Development Group'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 )
	=	-22.796	/	( ( (37.104 - 8.119)	+	(31.284 - 8.229) )	/ 2 )
	=	-22.796	/	( ( 28.985	+	23.055 )	/ 2 )
	=	-22.796	/	26.02
	=	-87.61 %

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

Impact Development Group (TSXV:IMPT) 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.

Impact Development Group ROCE % Related Terms

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Impact Development Group Business Description

Industry

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Traded in Other Exchanges

N/A

Address

1 Adelaide Street East, Suite 801, Toronto, ON, CAN, M5C 2V9

Website

https://www.ihcpanama.com

Impact Development Group Inc is a Panamanian-based real estate developer that provides affordable housing solutions to Panama's growing middle class supported by a longstanding subsidized government program. The vision of IHC Panama is effectuated by a vertically integrated model that coordinates all services necessary to develop high-quality residential and commercial buildings, including land acquisition, financing, architectural, engineering, off-site manufacturing, general contracting, property management, and administration.

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