Eco-Tek Group (Eco-Tek Group) ROCE % : 0.00% (As of Sep. 2013)

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What is Eco-Tek 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. Eco-Tek Group's annualized ROCE % for the quarter that ended in Sep. 2013 was 0.00%.

Eco-Tek Group ROCE % Historical Data

The historical data trend for Eco-Tek 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.

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Eco-Tek Group ROCE % Chart

Eco-Tek Group Annual Data

Trend

Jun09

Jun10

Jun11

Dec12

ROCE %

-34.29

-270.00

Eco-Tek Group Quarterly Data
	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13
ROCE %	Get a 7-Day Free Trial															-	-	-	-	-

Eco-Tek Group ROCE % Calculation

Eco-Tek Group's annualized ROCE % for the fiscal year that ended in Dec. 2012 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2012 )		(A: Jun. 2011 )		(A: Dec. 2012 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2012 )		(A: Jun. 2011 )		(A: Dec. 2012 )
	=	-0.698	/	( ( (0.014 - 0.033)	+	(0.086 - 1.006) )	/ 2 )
	=	-0.698	/	( (-0.019	+	-0.92)	/ 2 )
	=	-0.698	/	-0.4695
	=	148.67 %

Eco-Tek Group's ROCE % of for the quarter that ended in Sep. 2013 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2013 )		(Q: Jun. 2013 )		(Q: Sep. 2013 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2013 )		(Q: Jun. 2013 )		(Q: Sep. 2013 )
	=	-0.22	/	( ( (0.079 - 1.197)	+	(0.13 - 1.345) )	/ 2 )
	=	-0.22	/	( ( -1.118	+	-1.215 )	/ 2 )
	=	-0.22	/	-1.1665
	=	0 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2013) EBIT data.

Eco-Tek Group (OTCPK:ETEK) 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.

Eco-Tek Group ROCE % Related Terms

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Eco-Tek Group (Eco-Tek Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Eco-Tek Group Inc (OTCPK:ETEK) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1910 Thomes Avenue, Cheyenne, WY, USA, 82001

Website

https://www.emergentcompliance.com

Eco-Tek Group Inc is a shell company. The company currently has no operations.

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