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ATIG (Atlantis Gaming) ROCE % : 0.00% (As of . 20)


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What is Atlantis Gaming 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. Atlantis Gaming's annualized ROCE % for the quarter that ended in . 20 was 0.00%.

Atlantis Gaming ROCE % Historical Data

The historical data trend for Atlantis Gaming'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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Atlantis Gaming ROCE % Chart

Atlantis Gaming Annual Data
Trend
ROCE %

Atlantis Gaming Quarterly Data
ROCE %

Atlantis Gaming ROCE % Calculation

Atlantis Gaming'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 )
=/( ( ( - ) + ( - ) )/ )
=/( (+)/ )
=/
= %

Atlantis Gaming's ROCE % of for the quarter that ended in . 20 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=/( ( ( - ) + ( - ) )/ )
=/( ( + )/ )
=/
= %

(1) Note: The EBIT data used here is four times the quarterly (. 20) 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.

Atlantis Gaming  (OTCPK:ATIG) 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.

Atlantis Gaming ROCE % Related Terms

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Atlantis Gaming Business Description

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Traded in Other Exchanges
N/A
Address
2831 St. Rose Parkway, Suite 200, Henderson, NV, USA, 89052
Website
http://www.atlantisgamingcorporation.com
Atlantis Gaming Corp is in the online gaming software business. Its objective is to create the first public gaming and entertainment corporation that offers musical products and sports related themes in the development of online gaming products, slot products and casinos. The company offers a variety of gaming products from daily fantasy sports, online casino games, casino management software, central server systems & slot machine software both to a United States and International gaming market.