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Global Hydrogen (WAR:GHY) ROCE % : -10.21% (As of Dec. 2024)


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What is Global Hydrogen 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. Global Hydrogen's annualized ROCE % for the quarter that ended in Dec. 2024 was -10.21%.

Global Hydrogen ROCE % Historical Data

The historical data trend for Global Hydrogen'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.

* Premium members only.

Global Hydrogen ROCE % Chart

Global Hydrogen Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.87 17.83 -8.30 -0.37 -14.50

Global Hydrogen Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.42 -21.95 -16.60 -9.39 -10.21

Global Hydrogen ROCE % Calculation

Global Hydrogen's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=-1.288/( ( (11.673 - 2.219) + (10.565 - 2.252) )/ 2 )
=-1.288/( (9.454+8.313)/ 2 )
=-1.288/8.8835
=-14.50 %

Global Hydrogen's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2024 )  (Q: Sep. 2024 )(Q: Dec. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2024 )  (Q: Sep. 2024 )(Q: Dec. 2024 )
=-0.864/( ( (10.731 - 2.119) + (10.565 - 2.252) )/ 2 )
=-0.864/( ( 8.612 + 8.313 )/ 2 )
=-0.864/8.4625
=-10.21 %

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

* 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.

Global Hydrogen  (WAR:GHY) 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.

Global Hydrogen ROCE % Related Terms

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Global Hydrogen Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Global Hydrogen SA (WAR:GHY) » Definitions » ROCE %
Comparable Companies
WAR:BRO WAR:IBC SHSE:600519 SZSE:000858 LSE:DGE SHSE:600809 SZSE:000568 XPAR:RI BF.B SZSE:002304 SZSE:000596 BOM:532432 SGX:Y92 SHSE:603369 MIL:CPR SHSE:603198 ASX:TWE ASX:EDV SZSE:002568 BOM:532497
Traded in Other Exchanges
N/A
Address
Aleje Jerozolimskie 65/79, Warsaw, POL, 00-697
Website
http://www.globalhydrogen.pl
Global Hydrogen SA is engaged in the manufacturing of Georgian wines. The company offers a wide range of red and white wines. Its products include Old Georgia, Storks and Teliani Valley.