Richland Resources International Group (Richland Resources International Group) ROCE % : 0.00% (As of Dec. 2005)

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

What is Richland Resources International Group 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. Richland Resources International Group's annualized ROCE % for the quarter that ended in Dec. 2005 was 0.00%.

Richland Resources International Group ROCE % Historical Data

The historical data trend for Richland Resources International Group'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.

Richland Resources International Group ROCE % Chart

Richland Resources International Group Annual Data

Trend

Dec00

Dec01

Dec02

Dec03

Dec04

Dec05

ROCE %

Get a 7-Day Free Trial

Richland Resources International Group Semi-Annual Data
	Dec00	Dec01	Dec02	Dec03	Dec04	Dec05
ROCE %	Get a 7-Day Free Trial			-	-	-	-	-

Richland Resources International Group ROCE % Calculation

Richland Resources International Group's annualized ROCE % for the fiscal year that ended in Dec. 2005 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2005 )		(A: Dec. 2004 )		(A: Dec. 2005 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2005 )		(A: Dec. 2004 )		(A: Dec. 2005 )
	=	0	/	( ( (0 - 0)	+	(0 - 0) )	/ 1 )
	=	0	/	( (0	+	0)	/ 1 )
	=	0	/	0
	=	0 %

Richland Resources International Group's ROCE % of for the quarter that ended in Dec. 2005 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2005 )		(Q: Dec. 2004 )		(Q: Dec. 2005 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2005 )		(Q: Dec. 2004 )		(Q: Dec. 2005 )
	=	0	/	( ( (0 - 0)	+	(0 - 0) )	/ 1 )
	=	0	/	( ( 0	+	0 )	/ 1 )
	=	0	/	0
	=	0 %

(1) Note: The EBIT data used here is one times the annual (Dec. 2005) EBIT data.

Richland Resources International Group (OTCPK:RIGG) 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.

Richland Resources International Group ROCE % Related Terms

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

Richland Resources International Group (Richland Resources International Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Richland Resources International Group Inc (OTCPK:RIGG) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

3445 Lawrence Avenue, Oceanside, NY, USA, 11572

Website

http://www.nevtahoilsands.com

Richland Resources International Group Inc, formerly Nevtah Capital Management Corp is a development stage company.

Richland Resources International Group (Richland Resources International Group) Headlines

No Headlines