Mondial Ventures (Mondial Ventures) ROCE % : 0.00% (As of Sep. 2014)

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What is Mondial Ventures 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. Mondial Ventures's annualized ROCE % for the quarter that ended in Sep. 2014 was 0.00%.

Mondial Ventures ROCE % Historical Data

The historical data trend for Mondial 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.

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Mondial Ventures ROCE % Chart

Mondial Ventures Annual Data

Trend

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ROCE %

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Mondial Ventures Quarterly Data
	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14
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Mondial Ventures ROCE % Calculation

Mondial Ventures'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 )
	=	-1.731	/	( ( (0.951 - 0.957)	+	(0.845 - 1.367) )	/ 2 )
	=	-1.731	/	( (-0.006	+	-0.522)	/ 2 )
	=	-1.731	/	-0.264
	=	655.68 %

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

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2014 )		(Q: Jun. 2014 )		(Q: Sep. 2014 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2014 )		(Q: Jun. 2014 )		(Q: Sep. 2014 )
	=	0.356	/	( ( (1.137 - 3.578)	+	(1.102 - 3.337) )	/ 2 )
	=	0.356	/	( ( -2.441	+	-2.235 )	/ 2 )
	=	0.356	/	-2.338
	=	0 %

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

Mondial Ventures (OTCPK:MNVN) 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.

Mondial Ventures ROCE % Related Terms

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Mondial Ventures (Mondial Ventures) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Mondial Ventures Inc (OTCPK:MNVN) » Definitions » ROCE %

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Address

6564 Smoke Tree Lane, Scottsdale, AZ, USA, 85253

Website

http://www.mondialventures.com

Mondial Ventures Inc is active in the energy sector. It is an independent oil and gas company, engaged in the exploration, development, and exploitation of crude oil and natural gas properties primarily in the United States. It holds interests in the J.B. Tubb Leasehold Estate/Amoco Crawar field comprising three well heads and three wellbores. It also has its facilities in Ward County, Texas.

Mondial Ventures (Mondial Ventures) Headlines

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