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Fabrica Tecidos Carlos Renaux (BSP:FTRX4) ROCE % : -114.67% (As of Dec. 2012)


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What is Fabrica Tecidos Carlos Renaux 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. Fabrica Tecidos Carlos Renaux's annualized ROCE % for the quarter that ended in Dec. 2012 was -114.67%.

Fabrica Tecidos Carlos Renaux ROCE % Historical Data

The historical data trend for Fabrica Tecidos Carlos Renaux'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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Fabrica Tecidos Carlos Renaux ROCE % Chart

Fabrica Tecidos Carlos Renaux Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12
ROCE %
16.77 18.24 -3.48 -56.87 -114.67

Fabrica Tecidos Carlos Renaux Semi-Annual Data
Dec08 Dec09 Dec10 Dec11 Dec12
ROCE % 16.77 18.24 -3.48 -56.87 -114.67

Fabrica Tecidos Carlos Renaux ROCE % Calculation

Fabrica Tecidos Carlos Renaux's annualized ROCE % for the fiscal year that ended in Dec. 2012 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2012 )  (A: Dec. 2011 )(A: Dec. 2012 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2012 )  (A: Dec. 2011 )(A: Dec. 2012 )
=-37.434/( ( (146.227 - 89.471) + (136.821 - 128.288) )/ 2 )
=-37.434/( (56.756+8.533)/ 2 )
=-37.434/32.6445
=-114.67 %

Fabrica Tecidos Carlos Renaux's ROCE % of for the quarter that ended in Dec. 2012 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2012 )  (Q: Dec. 2011 )(Q: Dec. 2012 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2012 )  (Q: Dec. 2011 )(Q: Dec. 2012 )
=-37.434/( ( (146.227 - 89.471) + (136.821 - 128.288) )/ 2 )
=-37.434/( ( 56.756 + 8.533 )/ 2 )
=-37.434/32.6445
=-114.67 %

(1) Note: The EBIT data used here is one times the annual (Dec. 2012) 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.

Fabrica Tecidos Carlos Renaux  (BSP:FTRX4) 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.

Fabrica Tecidos Carlos Renaux ROCE % Related Terms

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