Leone Asset Management (Leone Asset Management) ROCE % : 0.00% (As of Dec. 2018)

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What is Leone Asset Management 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. Leone Asset Management's annualized ROCE % for the quarter that ended in Dec. 2018 was 0.00%.

Leone Asset Management ROCE % Historical Data

The historical data trend for Leone Asset Management'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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Leone Asset Management ROCE % Chart

Leone Asset Management Annual Data

Trend

Dec07

Dec08

Dec09

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

ROCE %

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-7.19

Leone Asset Management Quarterly Data
	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Dec12	Mar13	Dec13	Dec14	Dec15	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18
ROCE %	Get a 7-Day Free Trial															-	-	-	-	-

Leone Asset Management ROCE % Calculation

Leone Asset Management's annualized ROCE % for the fiscal year that ended in Dec. 2018 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2018 )		(A: Dec. 2017 )		(A: Dec. 2018 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2018 )		(A: Dec. 2017 )		(A: Dec. 2018 )
	=	-9.46	/	( ( (0.316 - 2.231)	+	(0.772 - 2.984) )	/ 2 )
	=	-9.46	/	( (-1.915	+	-2.212)	/ 2 )
	=	-9.46	/	-2.0635
	=	458.44 %

Leone Asset Management's ROCE % of for the quarter that ended in Dec. 2018 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2018 )		(Q: Sep. 2018 )		(Q: Dec. 2018 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2018 )		(Q: Sep. 2018 )		(Q: Dec. 2018 )
	=	-29.736	/	( ( (0.835 - 3.702)	+	(0.772 - 2.984) )	/ 2 )
	=	-29.736	/	( ( -2.867	+	-2.212 )	/ 2 )
	=	-29.736	/	-2.5395
	=	0 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2018) EBIT data.

Leone Asset Management (OTCPK:LEON) 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.

Leone Asset Management ROCE % Related Terms

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Leone Asset Management (Leone Asset Management) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Leone Asset Management Inc (OTCPK:LEON) » Definitions » ROCE %

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Address

801 West Bay Drive, Suite 715, Largo, FL, USA, 33770

Website

https://www.leoneasset.com

Leone Asset Management Inc is a multi-national, multi-industry conglomerate with subsidiary companies that operate in Health and Wellness, Research and Development, Agriculture Management and Infrastructure development. The company provides services such as Health and Nutrition Products Manufacturing and Distribution to its clients.

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