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CI US & Canada Lifecoome ETF (TSX:FLI) ROCE % : 0.00% (As of Jun. 2014)


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What is CI US & Canada Lifecoome ETF 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. CI US & Canada Lifecoome ETF's annualized ROCE % for the quarter that ended in Jun. 2014 was 0.00%.

CI US & Canada Lifecoome ETF ROCE % Historical Data

The historical data trend for CI US & Canada Lifecoome ETF'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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CI US & Canada Lifecoome ETF ROCE % Chart

CI US & Canada Lifecoome ETF Annual Data
Trend
ROCE %

CI US & Canada Lifecoome ETF Quarterly Data
Dec13 Jun14
ROCE % - -

CI US & Canada Lifecoome ETF ROCE % Calculation

CI US & Canada Lifecoome ETF's annualized ROCE % for the fiscal year that ended in . 20 is calculated as:

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

CI US & Canada Lifecoome ETF's ROCE % of for the quarter that ended in Jun. 2014 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jun. 2014 )  (Q: Dec. 2013 )(Q: Jun. 2014 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jun. 2014 )  (Q: Dec. 2013 )(Q: Jun. 2014 )
=0/( ( (150.927 - 3.897) + (145.009 - 2.03) )/ 2 )
=0/( ( 147.03 + 142.979 )/ 2 )
=0/145.0045
=0.00 %

(1) Note: The EBIT data used here is four times the quarterly (Jun. 2014) 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.

CI US & Canada Lifecoome ETF  (TSX:FLI) 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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