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


What is Azure Holding Group ROCE %?

Azure Holding Group AZRH +1.32% ROCE % is 0.00% as of Nov. 2013.

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  (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

Azure Holding Group ROCE % Historical Data

* Premium members only.

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.

Azure Holding Group ROCE % Chart

Azure Holding Group Annual Data
Trend Aug12 Aug13
ROCE %
0.00 -181.82

Azure Holding Group Quarterly Data
Aug12 Nov12 Feb13 May13 Aug13 Nov13
ROCE % Get a 7-Day Free Trial -37.50 -760.00 -200.00 -457.14 0.00

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.

* 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 0.00% mean?
Azure Holding Group (AZRH) has a ROCE % of 0.00% as of Nov. 2013.
Is Azure Holding Group's ROCE % too high?
Azure Holding Group's current ROCE % is 0.00%.
How does Azure Holding Group's ROCE % compare to MGPC and LAKF?
Azure Holding Group's ROCE % of 0.00% can be compared against companies in the Diversified Financial Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Diversified Financial Services company?
A good ROCE % depends on the Diversified Financial Services industry context. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. Azure Holding Group's current ROCE % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Azure Holding Group stock overvalued right now?
Azure Holding Group (AZRH) has a current ROCE % of 0.00%. The current ROCE % is 0.00%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Azure Holding Group (AZRH), the current ROCE % is 0.00% as of Nov. 2013. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Azure Holding Group Business Description

Address 408 Boonesville Bend, Suite 209, Argyle, TX, USA, 76226
Azure Holding Group Corp is a shell company.