GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Jaleco Holding Ltd. (JAS:7954) » Definitions » ROCE %

Jaleco Holding (JAS:7954) ROCE % : -210.24% (As of Dec. 2012)


View and export this data going back to . Start your Free Trial

What is Jaleco 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. Jaleco Holding's annualized ROCE % for the quarter that ended in Dec. 2012 was -210.24%.

Jaleco Holding ROCE % Historical Data

The historical data trend for Jaleco 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.

* Premium members only.

Jaleco Holding ROCE % Chart

Jaleco Holding Annual Data
Trend Dec09 Dec10 Dec11
ROCE %
55.96 46.69 -4.23

Jaleco Holding Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12
ROCE % Get a 7-Day Free Trial Premium Member Only -7.88 -9.35 -70.97 -47.55 -210.24

Jaleco Holding ROCE % Calculation

Jaleco Holding's annualized ROCE % for the fiscal year that ended in Dec. 2011 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2011 )  (A: Dec. 2010 )(A: Dec. 2011 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2011 )  (A: Dec. 2010 )(A: Dec. 2011 )
=-205.2/( ( (6178.837 - 534.922) + (4507.109 - 451.902) )/ 2 )
=-205.2/( (5643.915+4055.207)/ 2 )
=-205.2/4849.561
=-4.23 %

Jaleco Holding's ROCE % of for the quarter that ended in Dec. 2012 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2012 )  (Q: Sep. 2012 )(Q: Dec. 2012 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2012 )  (Q: Sep. 2012 )(Q: Dec. 2012 )
=-2175.288/( ( (3092.044 - 1361.706) + (1297.587 - 958.572) )/ 2 )
=-2175.288/( ( 1730.338 + 339.015 )/ 2 )
=-2175.288/1034.6765
=-210.24 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2012) 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.

Jaleco Holding  (JAS:7954) 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.

Jaleco Holding ROCE % Related Terms

Thank you for viewing the detailed overview of Jaleco Holding's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Jaleco Holding (JAS:7954) Headlines

No Headlines