AVEW Holdings (AVEW Holdings) ROCE % : 0.00% (As of Sep. 2008)

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What is AVEW 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. AVEW Holdings's annualized ROCE % for the quarter that ended in Sep. 2008 was 0.00%.

AVEW Holdings ROCE % Historical Data

The historical data trend for AVEW 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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AVEW Holdings ROCE % Chart

AVEW Holdings Annual Data

Trend

Dec98

Dec99

Dec00

Dec01

Dec02

Dec03

Dec04

Dec05

Dec06

Dec07

ROCE %

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-90.75

-57.34

-101.36

AVEW Holdings Quarterly Data
	Dec03	Mar04	Jun04	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08
ROCE %	Get a 7-Day Free Trial															-	-	-	-	-

AVEW Holdings ROCE % Calculation

AVEW Holdings's annualized ROCE % for the fiscal year that ended in Dec. 2007 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2007 )		(A: Dec. 2006 )		(A: Dec. 2007 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2007 )		(A: Dec. 2006 )		(A: Dec. 2007 )
	=	-0.365	/	( ( (0.056 - 1.471)	+	(0.169 - 0.899) )	/ 2 )
	=	-0.365	/	( (-1.415	+	-0.73)	/ 2 )
	=	-0.365	/	-1.0725
	=	34.03 %

AVEW Holdings's ROCE % of for the quarter that ended in Sep. 2008 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2008 )		(Q: Jun. 2008 )		(Q: Sep. 2008 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2008 )		(Q: Jun. 2008 )		(Q: Sep. 2008 )
	=	-0.284	/	( ( (0.313 - 0.417)	+	(0.303 - 0.43) )	/ 2 )
	=	-0.284	/	( ( -0.104	+	-0.127 )	/ 2 )
	=	-0.284	/	-0.1155
	=	0 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2008) EBIT data.

AVEW Holdings (OTCPK:AVEW) 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.

AVEW Holdings ROCE % Related Terms

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AVEW Holdings (AVEW Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » AVEW Holdings Inc (OTCPK:AVEW) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

13359 N. Highway 183, No. 406-1052, Austin, TX, USA, 478750

Website

http://www.avewholdings.com

AVEW Holdings Inc is a precious metal dealer in retail, wholesale and a precious metal recovery operation. It also is a precious metal recovery operator and is exploring other viable market sectors. It has opened metal dealer retail store Cedar Park, Texas.

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