ZNRG (Znergy) ROCE % : 0.00% (As of Sep. 2019)

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What is Znergy 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. Znergy's annualized ROCE % for the quarter that ended in Sep. 2019 was 0.00%.

Znergy ROCE % Historical Data

The historical data trend for Znergy'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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Znergy ROCE % Chart

Znergy Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

ROCE %

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-1.32

-636.16

-300.46

Znergy Quarterly Data
	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19
ROCE %	Get a 7-Day Free Trial															-	-	-	-	-

Znergy ROCE % Calculation

Znergy's annualized ROCE % for the fiscal year that ended in Dec. 2018 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2018 )		(A: Dec. 2017 )		(A: Dec. 2018 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2018 )		(A: Dec. 2017 )		(A: Dec. 2018 )
	=	-3.385	/	( ( (1.075 - 1.047)	+	(0.39 - 2.289) )	/ 2 )
	=	-3.385	/	( (0.028	+	-1.899)	/ 2 )
	=	-3.385	/	-0.9355
	=	361.84 %

Znergy's ROCE % of for the quarter that ended in Sep. 2019 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2019 )		(Q: Jun. 2019 )		(Q: Sep. 2019 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2019 )		(Q: Jun. 2019 )		(Q: Sep. 2019 )
	=	-10.724	/	( ( (0.615 - 3.175)	+	(0.803 - 3.803) )	/ 2 )
	=	-10.724	/	( ( -2.56	+	-3 )	/ 2 )
	=	-10.724	/	-2.78
	=	0 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2019) EBIT data.

Znergy (OTCPK:ZNRG) 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.

Znergy ROCE % Related Terms

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Znergy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Znergy Inc (OTCPK:ZNRG) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

808 A South Huntington Street, Suite G, Syracuse, IN, USA, 46567

Website

https://www.znergyworld.com

Znergy Inc is a provider of energy-efficient lighting products, lighting controls and energy management solutions. The company offers a full turn-key lighting solution which includes economic assessments, and energy efficient analysis.

Executives

Kevin Harrington

director

14044 ICOT BLVD., CLEARWATER FL 33760

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