Super Nova Resources (Super Nova Resources) ROCE % : 0.00% (As of . 20)

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What is Super Nova Resources 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. Super Nova Resources's annualized ROCE % for the quarter that ended in . 20 was 0.00%.

Super Nova Resources ROCE % Historical Data

The historical data trend for Super Nova Resources'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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Super Nova Resources ROCE % Chart

Super Nova Resources Annual Data

Trend

ROCE %

Super Nova Resources Quarterly Data

ROCE %

Super Nova Resources ROCE % Calculation

Super Nova Resources's annualized ROCE % for the fiscal year that ended in . 20 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: . 20 )		(A: . 20 )		(A: . 20 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: . 20 )		(A: . 20 )		(A: . 20 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

Super Nova Resources's ROCE % of for the quarter that ended in . 20 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: . 20 )		(Q: . 20 )		(Q: . 20 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: . 20 )		(Q: . 20 )		(Q: . 20 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

(1) Note: The EBIT data used here is four times the quarterly (. 20) EBIT data.

Super Nova Resources (GREY:SNRR) 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.

Super Nova Resources ROCE % Related Terms

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Super Nova Resources (Super Nova Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Super Nova Resources Inc (GREY:SNRR) » Definitions » ROCE %

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Address

4148 Jameson Drive, Corona, CA, USA, 92881

Website

Super Nova Resources Inc provides human resource solutions and services to the employers. Its service offering features: Applicant Tracking, OnBoarding, and Performance Management software, Background Checks, Drug Testing, and E-Verify.

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