Azure Holding Group (Azure Holding Group) ROCE % : 0.00% (As of Nov. 2013)

View and export this data going back to 2013. Start your Free Trial

What is Azure Holding Group 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. Azure Holding Group's annualized ROCE % for the quarter that ended in Nov. 2013 was 0.00%.

Azure Holding Group ROCE % Historical Data

The historical data trend for Azure Holding Group'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.

Azure Holding Group ROCE % Chart

Azure Holding Group Annual Data

Trend

Aug12

Aug13

ROCE %

-181.82

Azure Holding Group Quarterly Data
	Nov12	Feb13	May13	Aug13	Nov13
ROCE %	-	-760.00	-200.00	-457.14	-

Azure Holding Group ROCE % Calculation

Azure Holding Group's annualized ROCE % for the fiscal year that ended in Aug. 2013 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Aug. 2013 )		(A: Aug. 2012 )		(A: Aug. 2013 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Aug. 2013 )		(A: Aug. 2012 )		(A: Aug. 2013 )
	=	-0.03	/	( ( (0.032 - 0)	+	(0.002 - 0.001) )	/ 2 )
	=	-0.03	/	( (0.032	+	0.001)	/ 2 )
	=	-0.03	/	0.0165
	=	-181.82 %

Azure Holding Group's ROCE % of for the quarter that ended in Nov. 2013 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Nov. 2013 )		(Q: Aug. 2013 )		(Q: Nov. 2013 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Nov. 2013 )		(Q: Aug. 2013 )		(Q: Nov. 2013 )
	=	-0.02	/	( ( (0.002 - 0.001)	+	(0 - 0.004) )	/ 2 )
	=	-0.02	/	( ( 0.001	+	-0.004 )	/ 2 )
	=	-0.02	/	-0.0015
	=	0 %

(1) Note: The EBIT data used here is four times the quarterly (Nov. 2013) EBIT data.

Azure Holding Group (OTCPK:AZRH) 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.

Azure Holding Group ROCE % Related Terms

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

Azure Holding Group (Azure Holding Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Azure Holding Group Corp (OTCPK:AZRH) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

26060 Acero, Suite 209, Mission Viejo, CA, USA, 92619

Website

https://www.azureholdinggroup.com

Azure Holding Group Corp is engaged in the gaming and advertising business as well as leveraging blockchain technologies and Artificial Intelligence cryptocurrency monetization. The company also involved in the mining business mostly in gold. Its assets are situated in the Southwest region of the United States and in Northwest Mexico.

Azure Holding Group (Azure Holding Group) Headlines

From GuruFocus

Azure Holding Group Corp. Acquires Eragon Mining

By Marketwired Marketwired • 05-29-2019