Stardust Solar Energy (TSXV:SUN) ROCE % : 0.00% (As of Jun. 2024)

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What is Stardust Solar Energy 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. Stardust Solar Energy's annualized ROCE % for the quarter that ended in Jun. 2024 was 0.00%.

Stardust Solar Energy ROCE % Historical Data

The historical data trend for Stardust Solar Energy'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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Stardust Solar Energy ROCE % Chart

Stardust Solar Energy Annual Data

Trend

ROCE %

Stardust Solar Energy Quarterly Data
	Jun23	Jun24
ROCE %	-	-

Stardust Solar Energy ROCE % Calculation

Stardust Solar Energy's annualized ROCE % for the fiscal year that ended in . 20 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: . 20 )		(A: . 20 )		(A: . 20 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: . 20 )		(A: . 20 )		(A: . 20 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

Stardust Solar Energy's ROCE % of for the quarter that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2024 )		(Q: Jun. 2023 )		(Q: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2024 )		(Q: Jun. 2023 )		(Q: Jun. 2024 )
	=	-2.076	/	( ( (0 - 0)	+	(0.645 - 1.85) )	/ 1 )
	=	-2.076	/	( ( 0	+	-1.205 )	/ 1 )
	=	-2.076	/	-1.205
	=	0 %

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

Stardust Solar Energy (TSXV:SUN) 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.

Stardust Solar Energy ROCE % Related Terms

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Stardust Solar Energy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Stardust Solar Energy Inc (TSXV:SUN) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

6330:Germany

Address

B101 – 9000 Bill Fox Way, Burnaby, BC, CAN, V5J 5J3

Website

https://www.stardustsolar.com

Stardust Solar Energy Inc is a franchisor of renewable energy installation services, including solar panels (PV), energy storage systems, and electric vehicle supply equipment. It lends its brand and business management services to entrepreneurs looking to enter the industry of renewable energies. Stardust franchisees install and maintain clean energy systems for residential and commercial purposes. As a franchisor, the company supplies its franchisees with the following products: solar PV equipment, energy storage equipment, and electric vehicle supply equipment. In addition, the company supports its franchisees with many services including marketing, sales, engineering, plan sets, customer service, and project management.

Executives

Mark Tadros

10% Security Holder, Director, Senior Officer