ASP Isotopes (ASP Isotopes) ROCE % : -93.44% (As of Mar. 2024)

View and export this data going back to 2022. Start your Free Trial

What is ASP Isotopes 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. ASP Isotopes's annualized ROCE % for the quarter that ended in Mar. 2024 was -93.44%.

ASP Isotopes ROCE % Historical Data

The historical data trend for ASP Isotopes'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.

ASP Isotopes ROCE % Chart

ASP Isotopes Annual Data

Trend

Dec21

Dec22

Dec23

ROCE %

-56.84

-99.80

ASP Isotopes Quarterly Data
	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial					-124.82	-148.57	-157.32	-106.96	-93.44

ASP Isotopes ROCE % Calculation

ASP Isotopes'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 )
	=	-16.182	/	( ( (12.496 - 1.936)	+	(27.542 - 5.674) )	/ 2 )
	=	-16.182	/	( (10.56	+	21.868)	/ 2 )
	=	-16.182	/	16.214
	=	-99.80 %

ASP Isotopes's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	-27.996	/	( ( (27.542 - 5.674)	+	(45.385 - 7.332) )	/ 2 )
	=	-27.996	/	( ( 21.868	+	38.053 )	/ 2 )
	=	-27.996	/	29.9605
	=	-93.44 %

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

ASP Isotopes (NAS:ASPI) 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.

ASP Isotopes ROCE % Related Terms

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

ASP Isotopes (ASP Isotopes) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » ASP Isotopes Inc (NAS:ASPI) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

433 Plaza Real, Suite 275, Boca Raton, FL, USA, 33432

Website

https://www.aspisotopes.com

ASP Isotopes Inc is a pre-commercial stage advanced materials company dedicated to the development of technology and processes that, if successful, will allow for the production of isotopes that may be used in several industries. The company utilizes technology developed in South Africa over the past 20 years to enrich isotopes of elements or molecules with low atomic masses.

Executives

Todd Wider	director	4848 LEMMON AVENUE, SUITE 517, DALLAS TX 75219
Duncan Moore	director	C/O ASP ISOTOPES INC., 433 PLAZA REAL, SUITE 275, BOCA RATON FL 33432
Joshua Jay Donfeld	director	C/O ASP ISOTOPES INC., 433 PLAZA REAL, SUITE 275, BOCA RATON FL 90210
Ak Jensen Investment Management Ltd	10 percent owner	1 CORNHILL, LONDON X0 EC3V 3ND
Sergey Vasnetsov	director	C/O ASP ISOTOPES INC., 433 PLAZA REAL, SUITE 275, BOCA RATON FL 33432
Paul Elliot Mann	director, 10 percent owner, officer: Chief Executive Officer	C/O ASP ISOTOPES INC., 433 PLAZA REAL, SUITE 275, BOCA RATON FL 33432
Einar Ronander	10 percent owner, other: Chief Scientific Adviser	C/O ASP ISOTOPES INC., 433 PLAZA REAL, SUITE 275, BOCA RATON FL 33432
Robert Ainscow	officer: Chief Financial Officer	C/O ASP ISOTOPES INC., 433 PLAZA REAL, SUITE 275, BOCA RATON FL 33432
Hendrik Strydom	director, 10 percent owner	C/O ASP ISOTOPES INC., 433 PLAZA REAL, SUITE 275, BOCA RATON FL 33432