Oceanica AG (LTS:0ODC) ROCE % : 0.00% (As of Jun. 2015)

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What is Oceanica AG 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. Oceanica AG's annualized ROCE % for the quarter that ended in Jun. 2015 was 0.00%.

Oceanica AG ROCE % Historical Data

The historical data trend for Oceanica AG'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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Oceanica AG ROCE % Chart

Oceanica AG Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

ROCE %

13.04

18.23

13.06

11.05

6.67

Oceanica AG Semi-Annual Data
	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Jun15
ROCE %	Get a 7-Day Free Trial							34.50	13.18	-	0.33	-

Oceanica AG ROCE % Calculation

Oceanica AG's annualized ROCE % for the fiscal year that ended in Dec. 2013 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2013 )		(A: Dec. 2012 )		(A: Dec. 2013 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2013 )		(A: Dec. 2012 )		(A: Dec. 2013 )
	=	0.806	/	( ( (12.13 - 0.015)	+	(12.082 - 0.018) )	/ 2 )
	=	0.806	/	( (12.115	+	12.064)	/ 2 )
	=	0.806	/	12.0895
	=	6.67 %

Oceanica AG's ROCE % of for the quarter that ended in Jun. 2015 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2015 )		(Q: Jun. 2014 )		(Q: Jun. 2015 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2015 )		(Q: Jun. 2014 )		(Q: Jun. 2015 )
	=	0	/	( ( (7.285 - 0)	+	(6.553 - 0.003) )	/ 2 )
	=	0	/	( ( 7.285	+	6.55 )	/ 2 )
	=	0	/	6.9175
	=	0.00 %

(1) Note: The EBIT data used here is two times the semi-annual (Jun. 2015) EBIT data.

Oceanica AG (LTS:0ODC) 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.

Oceanica AG ROCE % Related Terms

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Oceanica AG (LTS:0ODC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Oceanica AG (LTS:0ODC) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.oceanica.de

Oceanica AG conducts business as an investment holding company. The Company's main activity is that of strategic investment focused primarily on shareholdings in the international container shipping market.

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