Clearwater Ventures (Clearwater Ventures) ROCE % : 0.00% (As of Aug. 2015)

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What is Clearwater Ventures 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. Clearwater Ventures's annualized ROCE % for the quarter that ended in Aug. 2015 was 0.00%.

Clearwater Ventures ROCE % Historical Data

The historical data trend for Clearwater Ventures'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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Clearwater Ventures ROCE % Chart

Clearwater Ventures Annual Data

Trend

Feb14

Feb15

ROCE %

Clearwater Ventures Quarterly Data
	May14	Aug14	Nov14	Feb15	May15	Aug15
ROCE %	Get a 7-Day Free Trial			-	-	-	-	-

Clearwater Ventures ROCE % Calculation

Clearwater Ventures's annualized ROCE % for the fiscal year that ended in Feb. 2015 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Feb. 2015 )		(A: Feb. 2014 )		(A: Feb. 2015 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Feb. 2015 )		(A: Feb. 2014 )		(A: Feb. 2015 )
	=	-0.104	/	( ( (0.015 - 0.006)	+	(0.012 - 0.066) )	/ 2 )
	=	-0.104	/	( (0.009	+	-0.054)	/ 2 )
	=	-0.104	/	-0.0225
	=	462.22 %

Clearwater Ventures's ROCE % of for the quarter that ended in Aug. 2015 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Aug. 2015 )		(Q: May. 2015 )		(Q: Aug. 2015 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Aug. 2015 )		(Q: May. 2015 )		(Q: Aug. 2015 )
	=	-0.012	/	( ( (0.005 - 0.071)	+	(0.007 - 0.073) )	/ 2 )
	=	-0.012	/	( ( -0.066	+	-0.066 )	/ 2 )
	=	-0.012	/	-0.066
	=	0 %

(1) Note: The EBIT data used here is four times the quarterly (Aug. 2015) EBIT data.

Clearwater Ventures (OTCPK:CWRV) 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.

Clearwater Ventures ROCE % Related Terms

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Clearwater Ventures (Clearwater Ventures) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Clearwater Ventures Inc (OTCPK:CWRV) » Definitions » ROCE %

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Address

Website

Clearwater Ventures Inc, through its subsidiary is engaged in designing and marketing of pool filter product known as the Pool Guardian. It is designed to supplement and assist pool filters by capturing and holding unwanted pool surface debris.

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