Just Energy Group (Just Energy Group) ROCE % : -280.29% (As of Sep. 2022)

View and export this data going back to 2012. Start your Free Trial

What is Just Energy Group 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. Just Energy Group's annualized ROCE % for the quarter that ended in Sep. 2022 was -280.29%.

Just Energy Group ROCE % Historical Data

The historical data trend for Just Energy Group'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.

Just Energy Group ROCE % Chart

Just Energy Group Annual Data

Trend

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

ROCE %

Get a 7-Day Free Trial

99.42

-8.33

-90.56

Just Energy Group Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
ROCE %	Get a 7-Day Free Trial															-	-	1,516.85	228.19	-280.29

Just Energy Group ROCE % Calculation

Just Energy Group'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 )
	=	785.847	/	( ( (866.714 - 1289.224)	+	(1623.814 - 1338.337) )	/ 2 )
	=	785.847	/	( (-422.51	+	285.477)	/ 2 )
	=	785.847	/	-68.5165
	=	-1,146.95 %

Just Energy Group's ROCE % of for the quarter that ended in Sep. 2022 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2022 )		(Q: Jun. 2022 )		(Q: Sep. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2022 )		(Q: Jun. 2022 )		(Q: Sep. 2022 )
	=	-1111.44	/	( ( (1911.371 - 1374.134)	+	(1600.062 - 1344.238) )	/ 2 )
	=	-1111.44	/	( ( 537.237	+	255.824 )	/ 2 )
	=	-1111.44	/	396.5305
	=	-280.29 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2022) EBIT data.

Just Energy Group (OTCPK:JE) 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.

Just Energy Group ROCE % Related Terms

Thank you for viewing the detailed overview of Just Energy Group's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Just Energy Group (Just Energy Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Just Energy Group Inc (OTCPK:JE) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

100 King Street West, Suite 2630, First Canadian Place, Toronto, ON, CAN, M5X 1E1

Website

https://investors.justenergy.com

Just Energy Group Inc is a retail energy provider specializing in electricity and natural gas commodities and bringing energy-efficient solutions and renewable energy options to customers. Geographically, the company is operating in the United States and Canada, Just Energy serves residential and commercial customers.