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Haffner Energy (XPAR:ALHAF) ROCE % : -16.97% (As of Sep. 2023)


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What is Haffner 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. Haffner Energy's annualized ROCE % for the quarter that ended in Sep. 2023 was -16.97%.


Haffner Energy ROCE % Historical Data

The historical data trend for Haffner 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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Haffner Energy ROCE % Chart

Haffner Energy Annual Data
Trend Mar19 Mar20 Mar21 Mar22
ROCE %
- -33.14 -50.01 -13.87

Haffner Energy Semi-Annual Data
Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
ROCE % Get a 7-Day Free Trial -62.55 -18.73 -17.57 -45.44 -16.97

Haffner Energy ROCE % Calculation

Haffner Energy's annualized ROCE % for the fiscal year that ended in Mar. 2022 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2022 )  (A: Mar. 2021 )(A: Mar. 2022 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2022 )  (A: Mar. 2021 )(A: Mar. 2022 )
=-4.725/( ( (8.837 - 2.824) + (67.744 - 5.613) )/ 2 )
=-4.725/( (6.013+62.131)/ 2 )
=-4.725/34.072
=-13.87 %

Haffner Energy'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: Mar. 2023 )(Q: Sep. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2023 )  (Q: Mar. 2023 )(Q: Sep. 2023 )
=-6.598/( ( (56.907 - 15.859) + (50.541 - 13.821) )/ 2 )
=-6.598/( ( 41.048 + 36.72 )/ 2 )
=-6.598/38.884
=-16.97 %

(1) Note: The EBIT data used here is two times the semi-annual (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.


Haffner Energy  (XPAR:ALHAF) 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.


Haffner Energy ROCE % Related Terms

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Haffner Energy (XPAR:ALHAF) Business Description

Traded in Other Exchanges
Address
2 place de la Gare, Parc de l'Angevinière, Vitry-le-François, FRA, 51300
Haffner Energy SA is the designer and builder of HYNOCA, a disruptive carbon-negative solution for producing competitive renewable hydrogen.

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