Glori Energy (Glori Energy) ROCE % : 0.00% (As of Dec. 2016)

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What is Glori Energy 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. Glori Energy's annualized ROCE % for the quarter that ended in Dec. 2016 was 0.00%.

Glori Energy ROCE % Historical Data

The historical data trend for Glori Energy'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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Glori Energy ROCE % Chart

Glori Energy Annual Data

Trend

Mar12

Mar13

Mar14

Dec15

Dec16

ROCE %

-1.46

-2.06

-125.69

-160.53

Glori Energy Quarterly Data
	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16
ROCE %	Get a 7-Day Free Trial															-330.31	-107.03	-354.52	-1,905.94	-

Glori Energy ROCE % Calculation

Glori Energy's annualized ROCE % for the fiscal year that ended in Dec. 2016 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2016 )		(A: Dec. 2015 )		(A: Dec. 2016 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2016 )		(A: Dec. 2015 )		(A: Dec. 2016 )
	=	-10.984	/	( ( (22.037 - 4.06)	+	(7.506 - 11.798) )	/ 2 )
	=	-10.984	/	( (17.977	+	-4.292)	/ 2 )
	=	-10.984	/	6.8425
	=	-160.53 %

Glori Energy's ROCE % of for the quarter that ended in Dec. 2016 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2016 )		(Q: Sep. 2016 )		(Q: Dec. 2016 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2016 )		(Q: Sep. 2016 )		(Q: Dec. 2016 )
	=	-11.912	/	( ( (11.093 - 11.793)	+	(7.506 - 11.798) )	/ 2 )
	=	-11.912	/	( ( -0.7	+	-4.292 )	/ 2 )
	=	-11.912	/	-2.496
	=	0 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2016) EBIT data.

Glori Energy (OTCPK:GLRI) 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.

Glori Energy ROCE % Related Terms

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Glori Energy (Glori Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Glori Energy Inc (OTCPK:GLRI) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

4315 South Drive, Houston, TX, USA, 77053

Website

http://www.glorienergy.com

Glori Energy Inc is a development stage company.

Executives

Eric C Neuman	director	100 CRESCENT COURT, SUITE 1200, DALLAS TX 75201
Ganesh Kishore	director	11966 SACKSTON RIDGE DR, CREECE COCUR MO 63191
John U Clarke	director	PENN VIRGINIA CORPORATION, FOUR RADNOR CORPORATE CENTER, STE 200, RADNOR PA 19087
James C. Musselman	director	4315 SOUTH DRIVE, HOUSTON TX 77053
Jonathan Fleming	10 percent owner	222 BERKELEY STREET, BOSTON MA 02116
Thomas O Hicks	director	2200 ROSS AVENUE, SUITE 4600 W, DALLAS TX 75201
Michael Schulhof	director

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