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Happy Town Holdings (Happy Town Holdings) ROCE % : 0.00% (As of Mar. 2013)


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What is Happy Town Holdings 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. Happy Town Holdings's annualized ROCE % for the quarter that ended in Mar. 2013 was 0.00%.

Happy Town Holdings ROCE % Historical Data

The historical data trend for Happy Town Holdings'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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Happy Town Holdings ROCE % Chart

Happy Town Holdings Annual Data
Trend Feb12
ROCE %
-

Happy Town Holdings Quarterly Data
May11 Aug11 Nov11 Feb12 May12 Aug12 Nov12 Mar13
ROCE % Get a 7-Day Free Trial - - - -63.40 -

Happy Town Holdings ROCE % Calculation

Happy Town Holdings's annualized ROCE % for the fiscal year that ended in Feb. 2012 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Feb. 2012 )  (A: . 20 )(A: Feb. 2012 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Feb. 2012 )  (A: . 20 )(A: Feb. 2012 )
=/( ( ( - ) + ( - ) )/ )
=/( (+)/ )
=/
= %

Happy Town Holdings's ROCE % of for the quarter that ended in Mar. 2013 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2013 )  (Q: Nov. 2012 )(Q: Mar. 2013 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2013 )  (Q: Nov. 2012 )(Q: Mar. 2013 )
=-9.568/( ( (0.346 - 0.049) + (0.474 - 12.005) )/ 2 )
=-9.568/( ( 0.297 + -11.531 )/ 2 )
=-9.568/-5.617
=0 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2013) EBIT data.

* 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.

Happy Town Holdings  (OTCPK:HPTN) 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.

Happy Town Holdings ROCE % Related Terms

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Happy Town Holdings (Happy Town Holdings) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Happy Town Holdings Inc (OTCPK:HPTN) » Definitions » ROCE %
Comparable Companies
XPAR:ALINN SGX:BKW WAR:GLC ASX:S66 ROCO:8941 XPAR:GUYD TSE:4918 TSE:4920 XKLS:5081 BKK:JCT LSE:SWL BKK:STAR MTEX HKSE:01259 XKRX:233990 XKRX:256940 TSE:9852 HKSE:08281 ROCO:8929 RVIV
Traded in Other Exchanges
N/A
Address
42 Broadway, New York, NY, USA, 10004
Website
http://www.happytownholdigs.com
Happy Town Holdings Inc is a health and wellness company. The company is focused on developing or acquiring natural-based solutions to promote better health. It is engaged in researching new investment opportunities in the health and wellness sector.