iPower (iPower) ROCE % : -36.06% (As of Dec. 2023)

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What is iPower 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. iPower's annualized ROCE % for the quarter that ended in Dec. 2023 was -36.06%.

iPower ROCE % Historical Data

The historical data trend for iPower'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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iPower ROCE % Chart

iPower Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

ROCE %

107.19

138.18

19.71

6.13

-29.42

iPower Quarterly Data
	Jun19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial													-34.06	-18.78	-35.39	-15.90	-36.06

iPower ROCE % Calculation

iPower's annualized ROCE % for the fiscal year that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	-13.601	/	( ( (78.581 - 22.884)	+	(60.094 - 23.332) )	/ 2 )
	=	-13.601	/	( (55.697	+	36.762)	/ 2 )
	=	-13.601	/	46.2295
	=	-29.42 %

iPower's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	-9.696	/	( ( (51.59 - 21.066)	+	(49.07 - 25.811) )	/ 2 )
	=	-9.696	/	( ( 30.524	+	23.259 )	/ 2 )
	=	-9.696	/	26.8915
	=	-36.06 %

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

iPower (NAS:IPW) 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.

iPower ROCE % Related Terms

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iPower (iPower) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » iPower Inc (NAS:IPW) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

8798 9th Street, Rancho Cucamonga, CA, USA, 91730

Website

https://www.meetipower.com

iPower Inc is online hydroponic equipment and accessory retailer and supplier in North America. The company sells products through own website as well as online channel partners that include Amazon, Walmart, and eBay.

Executives

Kevin Vassily	director, officer: Chief Financial Officer	C/O IPOWER INC., 2399 BATEMAN AVENUE, DUARTE CA 91010
Chenlong Tan	director, 10 percent owner, officer: Chief Executive Officer	2399 BATEMAN AVE., IRWINDALE CA 91010
Hanxi Li	director	C/O IPOWER, INC., 2399 BATEMAN AVENUE, DUARTE CA 91010
Danilo Cacciamatta	director
Tchaikovsky Bennet Price Jr	director	11601 WILSHIRE BOULEVARD, SUITE 2150, LOS ANGELES CA 90025
Kevin Liles	director	C/O IPOWER INC., 2399 BATEMAN AVENUE, DUARTE CA 91010