HLLXF (Hellix Ventures) ROCE %: -120.31% (As of Apr. 2014)

What is Hellix Ventures ROCE %?

Hellix Ventures HLLXF -99.00% ROCE % is -120.31% as of Apr. 2014.

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. Hellix Ventures's annualized ROCE % for the quarter that ended in Apr. 2014 was -120.31%.

Hellix Ventures (OTCPK:HLLXF) 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.

Hellix Ventures ROCE % Related Terms

Hellix Ventures ROCE % Historical Data

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The historical data trend for Hellix 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.

Hellix Ventures ROCE % Chart

Hellix Ventures Annual Data

Trend

Jul04

Jul05

Jul06

Jul07

Jul08

Jul09

Jul10

Jul11

Jul12

Jul13

ROCE %

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-349.50

-427.25

-138.58

-125.10

-60.07

Hellix Ventures Quarterly Data
	Jul09	Oct09	Jan10	Apr10	Jul10	Oct10	Jan11	Apr11	Jul11	Oct11	Jan12	Apr12	Jul12	Oct12	Jan13	Apr13	Jul13	Oct13	Jan14	Apr14
ROCE %	Get a 7-Day Free Trial															-13.10	-24.29	-16.80	-34.82	-120.31

Hellix Ventures ROCE % Calculation

Hellix Ventures's annualized ROCE % for the fiscal year that ended in Jul. 2013 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jul. 2013 )		(A: Jul. 2012 )		(A: Jul. 2013 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jul. 2013 )		(A: Jul. 2012 )		(A: Jul. 2013 )
	=	-1.505	/	( ( (4.019 - 1.121)	+	(2.5 - 0.387) )	/ 2 )
	=	-1.505	/	( (2.898	+	2.113)	/ 2 )
	=	-1.505	/	2.5055
	=	-60.07 %

Hellix Ventures's ROCE % of for the quarter that ended in Apr. 2014 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Apr. 2014 )		(Q: Jan. 2014 )		(Q: Apr. 2014 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Apr. 2014 )		(Q: Jan. 2014 )		(Q: Apr. 2014 )
	=	-1.836	/	( ( (2.21 - 0.45)	+	(1.72 - 0.428) )	/ 2 )
	=	-1.836	/	( ( 1.76	+	1.292 )	/ 2 )
	=	-1.836	/	1.526
	=	-120.31 %

(1) Note: The EBIT data used here is four times the quarterly (Apr. 2014) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of -120.31% mean?

Hellix Ventures (HLLXF) has a ROCE % of -120.31% as of Apr. 2014.

Is Hellix Ventures' ROCE % too high?

Hellix Ventures' current ROCE % is -120.31%.

How does Hellix Ventures' ROCE % compare to EXNT and SNECQ?

Hellix Ventures' ROCE % of -120.31% can be compared against companies in the Oil & Gas industry. The industry median ROCE % is 6.79. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good ROCE % for an Oil & Gas company?

The median ROCE % among Oil & Gas companies is 6.79, based on 977 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high ROCE % mean?

A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Oil & Gas industry, the median ROCE % is 6.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hellix Ventures's current ROCE % is -120.31%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Hellix Ventures stock overvalued right now?

Hellix Ventures (HLLXF) has a current ROCE % of -120.31%. The current ROCE % is -120.31%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is ROCE % calculated?

ROCE % is calculated from a company's financial statements. For Hellix Ventures (HLLXF), the current ROCE % is -120.31% as of Apr. 2014. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Hellix Ventures Business Description

Industry Energy Oil & Gas

Comparable Companies EXNT TSXV:SCD TSXV:SPK ASX:PGY TSXV:OEC ASX:DOR TSXV:MCM.A LSE:SRO TSXV:ARH ASX:JPR XCNQ:BDR TSXV:KFG TSXV:CBV ASX:BNL TSXV:RHC TSXV:WCE SNECQ TSXV:HEI TSXV:CDA LSE:CAB

Address 1030 Denman Street, Suite 125A, Vancouver, BC, CAN, V6G 2M6

Website http://www.hellixventures.com

Hellix Ventures Inc is a Canada-based natural resource company. The company is engaged in the identification, acquisition, exploration and development of resource properties. Its operating segments include oil and gas operation and mineral property exploration.