Fidelity Holding (Fidelity Holding) ROCE % : 0.00% (As of . 20)

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What is Fidelity Holding 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. Fidelity Holding's annualized ROCE % for the quarter that ended in . 20 was 0.00%.

Fidelity Holding ROCE % Historical Data

The historical data trend for Fidelity Holding'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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Fidelity Holding ROCE % Chart

Fidelity Holding Annual Data

Trend

ROCE %

Fidelity Holding Quarterly Data

ROCE %

Fidelity Holding ROCE % Calculation

Fidelity Holding's annualized ROCE % for the fiscal year that ended in . 20 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: . 20 )		(A: . 20 )		(A: . 20 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: . 20 )		(A: . 20 )		(A: . 20 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

Fidelity Holding's ROCE % of for the quarter that ended in . 20 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: . 20 )		(Q: . 20 )		(Q: . 20 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: . 20 )		(Q: . 20 )		(Q: . 20 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

(1) Note: The EBIT data used here is four times the quarterly (. 20) EBIT data.

Fidelity Holding (OTCPK:FDHC) 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.

Fidelity Holding ROCE % Related Terms

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Fidelity Holding (Fidelity Holding) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Fidelity Holding Corp (OTCPK:FDHC) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Unit 1, 14th Floor, Bank of East Asia, Harbour View Center, Wan Chai, Hong Kong, HKG, 999077

Website

http://www.fidelityfdhc.com

Fidelity Holding Corp divested of previous operations and seeking new business opportunities. Previously, the company through its subsidiary has developed proprietary technology which is focused on the recovery of heavy oil from mature onshore U.S. fields. It is looking to acquire and invest in strategic intellectual property assets, financial technology, and global supply chain opportunities.

Fidelity Holding (Fidelity Holding) Headlines

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