Hoffmann Green Cement Technologies (XPAR:ALHGR) ROCE % : -6.15% (As of Dec. 2023)

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What is Hoffmann Green Cement Technologies 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. Hoffmann Green Cement Technologies's annualized ROCE % for the quarter that ended in Dec. 2023 was -6.15%.

Hoffmann Green Cement Technologies ROCE % Historical Data

The historical data trend for Hoffmann Green Cement Technologies'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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Hoffmann Green Cement Technologies ROCE % Chart

Hoffmann Green Cement Technologies Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-13.54

-9.89

-7.36

-8.75

-8.01

Hoffmann Green Cement Technologies Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial								-7.54	-11.58	-6.02	-9.68	-6.15

Hoffmann Green Cement Technologies ROCE % Calculation

Hoffmann Green Cement Technologies's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	-7.328	/	( ( (107.681 - 10.077)	+	(96.565 - 11.096) )	/ 2 )
	=	-7.328	/	( (97.604	+	85.469)	/ 2 )
	=	-7.328	/	91.5365
	=	-8.01 %

Hoffmann Green Cement Technologies'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: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	-5.464	/	( ( (101.051 - 8.765)	+	(96.565 - 11.096) )	/ 2 )
	=	-5.464	/	( ( 92.286	+	85.469 )	/ 2 )
	=	-5.464	/	88.8775
	=	-6.15 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

Hoffmann Green Cement Technologies (XPAR:ALHGR) 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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Hoffmann Green Cement Technologies (XPAR:ALHGR) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Hoffmann Green Cement Technologies (XPAR:ALHGR) » Definitions » ROCE %

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0VW:Germany

Address

6 rue de la Bretaudiere, Chaille under the Ormeaux, Rives-de-l Yon, FRA, 85310

Website

https://www.ciments-hoffmann.com

Hoffmann Green Cement Technologies is engaged in the production of cement for construction and land use planning.

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