Robix Environmental Technologies (Robix Environmental Technologies) ROCE % : 0.00% (As of Sep. 2017)

View and export this data going back to 2016. Start your Free Trial

What is Robix Environmental Technologies 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. Robix Environmental Technologies's annualized ROCE % for the quarter that ended in Sep. 2017 was 0.00%.

Robix Environmental Technologies ROCE % Historical Data

The historical data trend for Robix Environmental Technologies'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.

Robix Environmental Technologies ROCE % Chart

Robix Environmental Technologies Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

ROCE %

Get a 7-Day Free Trial

-4,988.89

-2,360.00

-381.77

Robix Environmental Technologies Quarterly Data
	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17
ROCE %	Get a 7-Day Free Trial															-	-	-	-	-

Robix Environmental Technologies ROCE % Calculation

Robix Environmental Technologies's annualized ROCE % for the fiscal year that ended in Dec. 2016 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2016 )		(A: Dec. 2015 )		(A: Dec. 2016 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2016 )		(A: Dec. 2015 )		(A: Dec. 2016 )
	=	-7.93	/	( ( (1.296 - 0.754)	+	(1.712 - 3.625) )	/ 2 )
	=	-7.93	/	( (0.542	+	-1.913)	/ 2 )
	=	-7.93	/	-0.6855
	=	1,156.82 %

Robix Environmental Technologies's ROCE % of for the quarter that ended in Sep. 2017 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2017 )		(Q: Jun. 2017 )		(Q: Sep. 2017 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2017 )		(Q: Jun. 2017 )		(Q: Sep. 2017 )
	=	-1.24	/	( ( (1.623 - 3.755)	+	(1.673 - 4.296) )	/ 2 )
	=	-1.24	/	( ( -2.132	+	-2.623 )	/ 2 )
	=	-1.24	/	-2.3775
	=	0 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2017) EBIT data.

Robix Environmental Technologies (OTCPK:ROBXF) 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.

Robix Environmental Technologies ROCE % Related Terms

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

Robix Environmental Technologies (Robix Environmental Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Robix Environmental Technologies Inc (OTCPK:ROBXF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1406 3rd Avenue South, Bay 3, Lethbridge, AB, CAN, T1J 0K6

Website

http://www.robixfuels.com

Robix Environmental Technologies Inc is focused on providing oil recovery equipment and oil and gas wastewater treatment products. The company operates in two segments namely Clean Ocean Vessel and Water Treatment Technology. It generates its revenue from Clean Ocean Vessel.

Robix Environmental Technologies (Robix Environmental Technologies) Headlines

No Headlines