Solar Wind Energy Tower (Solar Wind Energy Tower) ROCE % : 0.00% (As of Sep. 2016)

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What is Solar Wind Energy Tower 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. Solar Wind Energy Tower's annualized ROCE % for the quarter that ended in Sep. 2016 was 0.00%.

Solar Wind Energy Tower ROCE % Historical Data

The historical data trend for Solar Wind Energy Tower'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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Solar Wind Energy Tower ROCE % Chart

Solar Wind Energy Tower Annual Data

Trend

Dec07

Dec08

Dec09

Dec11

Dec12

Dec13

Dec14

Dec15

ROCE %

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Solar Wind Energy Tower Quarterly Data
	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16
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Solar Wind Energy Tower ROCE % Calculation

Solar Wind Energy Tower's annualized ROCE % for the fiscal year that ended in Dec. 2015 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2015 )		(A: Dec. 2014 )		(A: Dec. 2015 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2015 )		(A: Dec. 2014 )		(A: Dec. 2015 )
	=	-2.768	/	( ( (0.22 - 3.303)	+	(0.217 - 5.961) )	/ 2 )
	=	-2.768	/	( (-3.083	+	-5.744)	/ 2 )
	=	-2.768	/	-4.4135
	=	62.72 %

Solar Wind Energy Tower's ROCE % of for the quarter that ended in Sep. 2016 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2016 )		(Q: Jun. 2016 )		(Q: Sep. 2016 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2016 )		(Q: Jun. 2016 )		(Q: Sep. 2016 )
	=	-0.456	/	( ( (0.205 - 3.997)	+	(0.205 - 4.192) )	/ 2 )
	=	-0.456	/	( ( -3.792	+	-3.987 )	/ 2 )
	=	-0.456	/	-3.8895
	=	0 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2016) EBIT data.

Solar Wind Energy Tower (GREY:SWET) 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.

Solar Wind Energy Tower ROCE % Related Terms

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Solar Wind Energy Tower (Solar Wind Energy Tower) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Solar Wind Energy Tower Inc (GREY:SWET) » Definitions » ROCE %

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Address

1997 Annapolis Exchange Parkway, Suite 300, Annapolis, MD, USA, 21401

Website

http://www.solarwindenergytower.com

Solar Wind Energy Tower Inc along with its subsidiaries offers sustainable energy solutions. The company has designed Solar Wind Downdraft Tower which is used to generate electricity economically.

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