BTHC XV (BTHC XV) ROCE % : 38.24% (As of Dec. 2011)

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What is BTHC XV 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. BTHC XV's annualized ROCE % for the quarter that ended in Dec. 2011 was 38.24%.

BTHC XV ROCE % Historical Data

The historical data trend for BTHC XV'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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BTHC XV ROCE % Chart

BTHC XV Annual Data

Trend

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

ROCE %

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137.84

47.13

38.24

BTHC XV Semi-Annual Data
	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11
ROCE %	Get a 7-Day Free Trial			-	-	137.84	47.13	38.24

BTHC XV ROCE % Calculation

BTHC XV's annualized ROCE % for the fiscal year that ended in Dec. 2011 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2011 )		(A: Dec. 2010 )		(A: Dec. 2011 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2011 )		(A: Dec. 2010 )		(A: Dec. 2011 )
	=	6.488	/	( ( (29.345 - 14.938)	+	(35.66 - 16.135) )	/ 2 )
	=	6.488	/	( (14.407	+	19.525)	/ 2 )
	=	6.488	/	16.966
	=	38.24 %

BTHC XV's ROCE % of for the quarter that ended in Dec. 2011 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2011 )		(Q: Dec. 2010 )		(Q: Dec. 2011 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2011 )		(Q: Dec. 2010 )		(Q: Dec. 2011 )
	=	6.488	/	( ( (29.345 - 14.938)	+	(35.66 - 16.135) )	/ 2 )
	=	6.488	/	( ( 14.407	+	19.525 )	/ 2 )
	=	6.488	/	16.966
	=	38.24 %

(1) Note: The EBIT data used here is one times the annual (Dec. 2011) EBIT data.

BTHC XV (OTCPK:BTXV) 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.

BTHC XV ROCE % Related Terms

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BTHC XV (BTHC XV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » BTHC XV Inc (OTCPK:BTXV) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

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Address

Website

Executives

Timothy P Halter	director, 10 percent owner, officer: CEO, Pres, CFO, COB, Secy	174 FM 1830, ARGYLE TX 76226
George L Diamond	10 percent owner	174 FM 1830, ARGYLE TX 76226
David F Brigante	10 percent owner	174FM 1830, ARGYLE TX 76226
Marat Rosenberg	10 percent owner	17 FM 1830, ARGYLE TX 76226
Halter Financial Investments Lp	10 percent owner	174 FM 1830, ARGYLE TX 76226
Halter Financial Investments Gp Llc	10 percent owner	174 FM 1830, ARGYLE TX 76226

BTHC XV (BTHC XV) Headlines

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