Amex Resources (Amex Resources) ROCE % : 0.00% (As of Dec. 2016)

View and export this data going back to 2016. Start your Free Trial

What is Amex 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. Amex Resources's annualized ROCE % for the quarter that ended in Dec. 2016 was 0.00%.

Amex Resources ROCE % Historical Data

The historical data trend for Amex 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.

* Premium members only.

Amex Resources ROCE % Chart

Amex Resources Annual Data

Trend

Jun08

Jun09

Jun10

Jun11

Jun12

Jun13

Jun14

Jun15

Jun16

ROCE %

Get a 7-Day Free Trial

-14.88

-31.33

-100.65

-186.56

Amex Resources Semi-Annual Data
	Dec07	Jun08	Dec08	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16
ROCE %	Get a 7-Day Free Trial														-273.70	-104.83	-646.88	-	-

Amex Resources ROCE % Calculation

Amex Resources's annualized ROCE % for the fiscal year that ended in Jun. 2016 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2016 )		(A: Jun. 2015 )		(A: Jun. 2016 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2016 )		(A: Jun. 2015 )		(A: Jun. 2016 )
	=	-13.556	/	( ( (10.019 - 8.223)	+	(24.143 - 30.215) )	/ 2 )
	=	-13.556	/	( (1.796	+	-6.072)	/ 2 )
	=	-13.556	/	-2.138
	=	634.05 %

Amex Resources's ROCE % of for the quarter that ended in Dec. 2016 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2016 )		(Q: Jun. 2016 )		(Q: Dec. 2016 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2016 )		(Q: Jun. 2016 )		(Q: Dec. 2016 )
	=	-11.4	/	( ( (24.143 - 30.215)	+	(26.099 - 37.63) )	/ 2 )
	=	-11.4	/	( ( -6.072	+	-11.531 )	/ 2 )
	=	-11.4	/	-8.8015
	=	0 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2016) EBIT data.

Amex Resources (OTCPK:AMXXF) 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.

Amex Resources ROCE % Related Terms

Thank you for viewing the detailed overview of Amex Resources's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Amex Resources (Amex Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Amex Resources Ltd (OTCPK:AMXXF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.amex.net.au

Amex Resources Ltd is focused on gold and base metals exploration. The company's tenements are located within Western Australia with the majority of the portfolio situated in the Eastern Goldfields. The company has 100% ownership of 8 exploration projects and aims to upgrade its core assets through continual geological reviews.

Amex Resources (Amex Resources) Headlines

No Headlines