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Macquarie Winton Global Opportunities Trust (ASX:MWG) ROCE % : 0.00% (As of . 20)


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What is Macquarie Winton Global Opportunities Trust 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. Macquarie Winton Global Opportunities Trust's annualized ROCE % for the quarter that ended in . 20 was 0.00%.


Macquarie Winton Global Opportunities Trust ROCE % Historical Data

The historical data trend for Macquarie Winton Global Opportunities Trust'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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Macquarie Winton Global Opportunities Trust ROCE % Chart

Macquarie Winton Global Opportunities Trust Annual Data
Trend Jun07 Jun08 Jun09 Jun10 Jun11 Jun12
ROCE %
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Macquarie Winton Global Opportunities Trust Quarterly Data
ROCE %

Macquarie Winton Global Opportunities Trust ROCE % Calculation

Macquarie Winton Global Opportunities Trust's annualized ROCE % for the fiscal year that ended in Jun. 2012 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Jun. 2012 )  (A: Jun. 2011 )(A: Jun. 2012 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Jun. 2012 )  (A: Jun. 2011 )(A: Jun. 2012 )
=0/( ( (34.991 - 2.2) + (31.765 - 0.727) )/ 2 )
=0/( (32.791+31.038)/ 2 )
=0/31.9145
=0.00 %

Macquarie Winton Global Opportunities Trust's ROCE % of for the quarter that ended in . 20 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=/( ( ( - ) + ( - ) )/ )
=/( ( + )/ )
=/
= %

(1) Note: The EBIT data used here is four times the quarterly (. 20) EBIT data.

* 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.


Macquarie Winton Global Opportunities Trust  (ASX:MWG) 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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Macquarie Winton Global Opportunities Trust (ASX:MWG) Business Description

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