LEON (Leone Asset Management) ROC %: -878.12% (As of Dec. 2018)

What is Leone Asset Management ROC %?

Leone Asset Management LEON -0.55% ROC % is -878.12% as of Dec. 2018.

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Leone Asset Management's annualized return on capital (ROC %) for the quarter that ended in Dec. 2018 was -878.12%.

As of today (2026-06-25), Leone Asset Management's WACC % is 0.00%. Leone Asset Management's ROC % is 0.00% (calculated using TTM income statement data). Leone Asset Management earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Leone Asset Management (OTCPK:LEON) ROC % Explanation

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, Leone Asset Management's WACC % is 0.00%. Leone Asset Management's ROC % is 0.00% (calculated using TTM income statement data). Leone Asset Management earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Be Aware

Like ROE % and ROA %, ROC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Leone Asset Management ROC % Related Terms

Leone Asset Management ROC % Historical Data

* Premium members only.

The historical data trend for Leone Asset Management's ROC % 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.

Leone Asset Management ROC % Chart

Leone Asset Management Annual Data

Trend

Dec07

Dec08

Dec09

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

ROC %

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-0.04

-2.93

-16.54

-52.10

-369.57

Leone Asset Management Quarterly Data
	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar13	Dec13	Dec14	Dec15	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18
ROC %	Get a 7-Day Free Trial															-59.64	-66.87	-53.30	-128.66	-878.12

Leone Asset Management ROC % Calculation

Leone Asset Management's annualized Return on Capital (ROC %) for the fiscal year that ended in Dec. 2018 is calculated as:

	ROC % (A: Dec. 2018 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (A: Dec. 2017 )	+	Invested Capital (A: Dec. 2018 ))	/ count )
=	-9.511 * ( 1 - 0% )	/	( (2.158	+	2.989)	/ 2 )
=	-9.511	/	2.5735
=	-369.57 %

where

	Invested Capital		(A: Dec. 2017 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	0.316	-	0.165	-	( 0.149	-	max(0, 2.231	-	0.224	+	0.149	))
=	2.158

	Invested Capital		(A: Dec. 2018 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	0.772	-	0.276	-	( 0.138	-	max(0, 2.984	-	0.491	+	0.138	))
=	2.989

Leone Asset Management's annualized Return on Capital (ROC %) for the quarter that ended in Dec. 2018 is calculated as:

	ROC % (Q: Dec. 2018 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Sep. 2018 )	+	Invested Capital (Q: Dec. 2018 ))	/ count )
=	-29.764 * ( 1 - 0% )	/	( (3.79	+	2.989)	/ 2 )
=	-29.764	/	3.3895
=	-878.12 %

where

	Invested Capital		(Q: Sep. 2018 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	0.835	-	0.301	-	( 0.089	-	max(0, 3.702	-	0.446	+	0.089	))
=	3.79

	Invested Capital		(Q: Dec. 2018 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	0.772	-	0.276	-	( 0.138	-	max(0, 2.984	-	0.491	+	0.138	))
=	2.989

Note: The Operating Income data used here is four times the quarterly (Dec. 2018) data. The tax rate is limited to between 0% and 100%.

Frequently Asked Questions Learn more about ROC % →

What does a ROC % of -878.12% mean?

Leone Asset Management (LEON) has a ROC % of -878.12% as of Dec. 2018. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Leone Asset Management and its competitors.

Is Leone Asset Management's ROC % too high?

Leone Asset Management's current ROC % is -878.12%.

How does Leone Asset Management's ROC % compare to PTMN and TZAC?

Leone Asset Management's ROC % of -878.12% can be compared against companies in the Conglomerates industry. The industry median ROC % is 2.82. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good ROC % for a Conglomerates company?

The median ROC % among Conglomerates companies is 2.82, based on 552 companies in the industry. Companies in the top quartile (top 25%) have a ROC % significantly above this median, while those in the bottom quartile fall well below. However, ROC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high ROC % mean?

A high ROC % can signal that a stock is expensive relative to its fundamentals. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Leone Asset Management and its competitors. For the Conglomerates industry, the median ROC % is 2.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Leone Asset Management's current ROC % is -878.12%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Leone Asset Management stock overvalued right now?

Leone Asset Management (LEON) has a current ROC % of -878.12%. The current ROC % is -878.12%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is ROC % calculated?

ROC % is calculated from a company's financial statements. For Leone Asset Management (LEON), the current ROC % is -878.12% as of Dec. 2018. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Leone Asset Management Business Description

Industry Industrials Conglomerates

Comparable Companies PTMN TZAC XTER:A8A ASX:OVH KUW:ASIYA XKRX:019660 AINC ASX:ARA TSX:BK ADX:TNI XTER:A7A TSE:8737 LSE:HW.GECC TSX:URB FRA:SPT6 OSTO:EOS TSX:BGI.UN LSE:REC HKSE:08313

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 and agriculture management. The company's project management services include infrastructure development, agricultural management, and rare earth mineral exploration.