Hipromine (WAR:HPM) ROCE % : -29.43% (As of Dec. 2024)

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What is Hipromine 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. Hipromine's annualized ROCE % for the quarter that ended in Dec. 2024 was -29.43%.

Hipromine ROCE % Historical Data

The historical data trend for Hipromine'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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Hipromine ROCE % Chart

Hipromine Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

-27.14

-48.70

-31.91

-17.76

-21.57

Hipromine Quarterly Data
	Dec20	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial											-20.53	-17.80	-20.47	-14.05	-29.43

Hipromine ROCE % Calculation

Hipromine'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 )
	=	-43.468	/	( ( (213.469 - 34.665)	+	(254.801 - 30.588) )	/ 2 )
	=	-43.468	/	( (178.804	+	224.213)	/ 2 )
	=	-43.468	/	201.5085
	=	-21.57 %

Hipromine'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 )
	=	-64.74	/	( ( (247.392 - 31.7)	+	(254.801 - 30.588) )	/ 2 )
	=	-64.74	/	( ( 215.692	+	224.213 )	/ 2 )
	=	-64.74	/	219.9525
	=	-29.43 %

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

Hipromine (WAR:HPM) 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.

Hipromine ROCE % Related Terms

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Hipromine Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Hipromine SA (WAR:HPM) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

ul. Pozna?ska, 12th Floor, Robakowo, POL, 62-023

Website

https://www.hipromine.com

Hipromine SA is a European scale supplier of an alternative protein produced through innovative, proprietary technology of industrial insect breeding. The company's offer is directed mainly to the market of pet food and fodder for fish farming, as well as livestock and horticulture.

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