American Leisure Holdings (American Leisure Holdings) ROCE % : -7.60% (As of Dec. 2006)

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What is American Leisure Holdings 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. American Leisure Holdings's annualized ROCE % for the quarter that ended in Dec. 2006 was -7.60%.

American Leisure Holdings ROCE % Historical Data

The historical data trend for American Leisure Holdings'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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American Leisure Holdings ROCE % Chart

American Leisure Holdings Annual Data

Trend

Dec01

Dec02

Dec03

Dec04

Dec05

Dec06

ROCE %

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-10.43

-12.89

-14.28

0.44

-7.60

American Leisure Holdings Semi-Annual Data
	Dec01	Dec02	Dec03	Dec04	Dec05	Dec06
ROCE %	Get a 7-Day Free Trial			-10.43	-12.89	-14.28	0.44	-7.60

American Leisure Holdings ROCE % Calculation

American Leisure Holdings's annualized ROCE % for the fiscal year that ended in Dec. 2006 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2006 )		(A: Dec. 2005 )		(A: Dec. 2006 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2006 )		(A: Dec. 2005 )		(A: Dec. 2006 )
	=	-5.706	/	( ( (99.466 - 12.772)	+	(120.143 - 56.632) )	/ 2 )
	=	-5.706	/	( (86.694	+	63.511)	/ 2 )
	=	-5.706	/	75.1025
	=	-7.60 %

American Leisure Holdings's ROCE % of for the quarter that ended in Dec. 2006 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2006 )		(Q: Dec. 2005 )		(Q: Dec. 2006 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2006 )		(Q: Dec. 2005 )		(Q: Dec. 2006 )
	=	-5.706	/	( ( (99.466 - 12.772)	+	(120.143 - 56.632) )	/ 2 )
	=	-5.706	/	( ( 86.694	+	63.511 )	/ 2 )
	=	-5.706	/	75.1025
	=	-7.60 %

(1) Note: The EBIT data used here is one times the annual (Dec. 2006) EBIT data.

American Leisure Holdings (OTCPK:AMLH) 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.

American Leisure Holdings ROCE % Related Terms

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