Horizon Space Acquisition Ii Ordinary Share(Hspt) Financials: Return On Capital Employed Compared To Industry Average, Plus Other Key Ratios
Profitability Trend (Last 5 Years)
Profitability - return on capital employed
This chart shows the historical trend of return on capital employed for HSPT compared to its industry average over the recent years.
Ratio Definition and Interpretation
Name: Return on Capital Employed (ROCE)
Definition: ROCE looks at how effectively the company uses all long-term capital — both debt and equity — to generate profits. It’s a good way to compare companies with different financing structures. Higher ROCE means the company makes good returns on every dollar invested in its business operations.
Interpretation:
• In '2024', HSPT's return on capital employed was -0.3%, indicating returns achieved on invested capital. Industry average for nan in '2024' stood at 11.5%.
Overall, HSPT's return on capital employed has been volatile but generally stable over the past 1 years.
Formula: ROCE = EBIT / (Total Assets - Current Liabilities)
Good Range: Often 8%-20%.