Hestia Insight (Hestia Insight) ROCE % : -58.01% (As of Feb. 2024)

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What is Hestia Insight 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. Hestia Insight's annualized ROCE % for the quarter that ended in Feb. 2024 was -58.01%.

Hestia Insight ROCE % Historical Data

The historical data trend for Hestia Insight'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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Hestia Insight ROCE % Chart

Hestia Insight Annual Data

Trend

Nov22

Nov23

ROCE %

-51.25

-70.48

Hestia Insight Quarterly Data
	Feb22	Aug22	Nov22	Feb23	Aug23	Nov23	Feb24
ROCE %	Get a 7-Day Free Trial			635.64	-102.33	-141.90	230.16	-58.01

Hestia Insight ROCE % Calculation

Hestia Insight's annualized ROCE % for the fiscal year that ended in Nov. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Nov. 2023 )		(A: Nov. 2022 )		(A: Nov. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Nov. 2023 )		(A: Nov. 2022 )		(A: Nov. 2023 )
	=	-0.302	/	( ( (0.713 - 0.034)	+	(0.194 - 0.016) )	/ 2 )
	=	-0.302	/	( (0.679	+	0.178)	/ 2 )
	=	-0.302	/	0.4285
	=	-70.48 %

Hestia Insight's ROCE % of for the quarter that ended in Feb. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Feb. 2024 )		(Q: Nov. 2023 )		(Q: Feb. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Feb. 2024 )		(Q: Nov. 2023 )		(Q: Feb. 2024 )
	=	-0.096	/	( ( (0.194 - 0.016)	+	(0.214 - 0.061) )	/ 2 )
	=	-0.096	/	( ( 0.178	+	0.153 )	/ 2 )
	=	-0.096	/	0.1655
	=	-58.01 %

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

Hestia Insight (OTCPK:HSTA) 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.

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Hestia Insight (Hestia Insight) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Hestia Insight Inc (OTCPK:HSTA) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

400 S. 4th Street, Suite 500, Las Vegas, NV, USA, 89101

Website

http://www.hestiainsight.com

Hestia Insight Inc provides strategic consulting and capital market advisory services for micro, small and medium-sized companies in the healthcare, biotech and fintech sectors. It also provides access to seed capital and mezzanine funding for qualified emerging companies in these industries. The firm derives all of its revenue from consulting services.