Allied Resources (Allied Resources) ROCE % : 0.00% (As of Dec. 2018)

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What is Allied Resources 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. Allied Resources's annualized ROCE % for the quarter that ended in Dec. 2018 was 0.00%.

Allied Resources ROCE % Historical Data

The historical data trend for Allied Resources'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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Allied Resources ROCE % Chart

Allied Resources Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

ROCE %

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-0.86

-9.48

-10.88

-8.48

24.73

Allied Resources Quarterly Data
	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Dec17	Mar18	Jun18	Dec18
ROCE %	Get a 7-Day Free Trial															-6.78	-	-5.90	-9.87	-

Allied Resources ROCE % Calculation

Allied Resources'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 )
	=	0.601	/	( ( (2.141 - 0.024)	+	(2.764 - 0.021) )	/ 2 )
	=	0.601	/	( (2.117	+	2.743)	/ 2 )
	=	0.601	/	2.43
	=	24.73 %

Allied Resources'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: Jun. 2018 )		(Q: Dec. 2018 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2018 )		(Q: Jun. 2018 )		(Q: Dec. 2018 )
	=	0	/	( ( (2.057 - 0.013)	+	(2.764 - 0.021) )	/ 2 )
	=	0	/	( ( 2.044	+	2.743 )	/ 2 )
	=	0	/	2.3935
	=	0.00 %

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

Allied Resources (OTCPK:ALOD) 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.

Allied Resources ROCE % Related Terms

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Allied Resources (Allied Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Allied Resources Inc (OTCPK:ALOD) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1403 East 900 South, Salt Lake City, UT, USA, 84105

Website

https://www.alliedresourcesinc.com

Allied Resources Inc is engaged in the business of acquiring, developing, producing, and selling oil and gas production and properties to companies located within the continental United States.

Executives

Ruairidh Campbell

director, 10 percent owner, officer: CEO, CFO, PAO

600 WESTWOOD TERRACE, AUSTIN TX 78746

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