WODI (Water on Demand) ROCE %: 0.00% (As of Sep. 2023)


What is Water on Demand ROCE %?

Water on Demand WODI ROCE % is 0.00% as of Sep. 2023.

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. Water on Demand's annualized ROCE % for the quarter that ended in Sep. 2023 was 0.00%.

Water on Demand  (NAS:WODI) 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.

Water on Demand ROCE % Related Terms

Water on Demand ROCE % Historical Data

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The historical data trend for Water on Demand'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.

Water on Demand ROCE % Chart

Water on Demand Annual Data
Trend Dec21 Dec22
ROCE %
0.00 591.15

Water on Demand Quarterly Data
Dec21 Dec22 Sep23
ROCE % 0.00 527.43 0.00

Water on Demand ROCE % Calculation

Water on Demand's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=0.668/( ( (2.861 - 3.061) + (4.685 - 4.259) )/ 2 )
=0.668/( (-0.2+0.426)/ 2 )
=0.668/0.113
=591.15 %

Water on Demand's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Sep. 2023 )  (Q: Dec. 2022 )(Q: Sep. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2023 )  (Q: Dec. 2022 )(Q: Sep. 2023 )
=0/( ( (4.685 - 4.259) + (7.325 - 19.638) )/ 2 )
=0/( ( 0.426 + -12.313 )/ 2 )
=0/-5.9435
=0 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2023) 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 0.00% mean?
Water on Demand (WODI) has a ROCE % of 0.00% as of Sep. 2023.
Is Water on Demand's ROCE % too high?
Water on Demand's current ROCE % is 0.00%.
How does Water on Demand's ROCE % compare to ?
Water on Demand's ROCE % of 0.00% can be compared against companies in the Waste Management industry. The industry median ROCE % is 5.89. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Waste Management company?
The median ROCE % among Waste Management companies is 5.89, based on 238 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Waste Management industry, the median ROCE % is 5.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Water on Demand's current ROCE % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Water on Demand stock overvalued right now?
Water on Demand (WODI) has a current ROCE % of 0.00%. The current ROCE % is 0.00%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Water on Demand (WODI), the current ROCE % is 0.00% as of Sep. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Water on Demand Business Description

Comparable Companies
Address 13575 58th Street North, Suite 200, Clearwater, FL, USA, 33760
Water on Demand Inc is engaged in water treatment as a service that is treating and reusing sewage water.