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Sharc International Systems (XCNQ:SHRC) ROCE % : -83.93% (As of Sep. 2023)


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What is Sharc International Systems 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. Sharc International Systems's annualized ROCE % for the quarter that ended in Sep. 2023 was -83.93%.

Sharc International Systems ROCE % Historical Data

The historical data trend for Sharc International Systems'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.

Sharc International Systems ROCE % Chart

Sharc International Systems Annual Data
Trend Oct13 Oct14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -306.07 - -482.91 -52.09 -383.16

Sharc International Systems Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 - - - -231.67 -83.93

Sharc International Systems ROCE % Calculation

Sharc International Systems'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 )
=-3.96/( ( (5.97 - 2.184) + (3.154 - 4.873) )/ 2 )
=-3.96/( (3.786+-1.719)/ 2 )
=-3.96/1.0335
=-383.16 %

Sharc International Systems'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: Jun. 2023 )(Q: Sep. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2023 )  (Q: Jun. 2023 )(Q: Sep. 2023 )
=-3.6/( ( (5.275 - 0.625) + (4.483 - 0.554) )/ 2 )
=-3.6/( ( 4.65 + 3.929 )/ 2 )
=-3.6/4.2895
=-83.93 %

(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.

Sharc International Systems  (XCNQ:SHRC) 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.

Sharc International Systems ROCE % Related Terms

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Sharc International Systems (XCNQ:SHRC) Business Description

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Traded in Other Exchanges
INTWF:USA
Address
1443 Spitfire Place, Port Coquitlam, BC, CAN, V3C 6L4
Website
https://www.sharcenergy.com
Sharc International Systems Inc is engaged in providing wastewater heat exchange expertise and products that serve commercial, industrial, public utilities and residential development projects objectives of reducing their carbon footprint while saving on energy costs. The company operates in a single operating segment namely, Sales and marketing of Wastewater energy transfer equipment.