Trimax (Trimax) ROCE % : 0.00% (As of Sep. 2015)

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What is Trimax 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. Trimax's annualized ROCE % for the quarter that ended in Sep. 2015 was 0.00%.

Trimax ROCE % Historical Data

The historical data trend for Trimax'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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Trimax ROCE % Chart

Trimax Annual Data

Trend

Sep04

Sep05

Sep06

Sep07

Sep08

Dec10

Dec11

Dec12

Dec13

Dec14

ROCE %

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-72.19

34.87

51.66

Trimax Quarterly Data
	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Dec10	Dec11	Dec12	Dec13	Dec14	Mar15	Jun15	Sep15
ROCE %	Get a 7-Day Free Trial															-	-	-1,149.65	1,071.30	-

Trimax ROCE % Calculation

Trimax's annualized ROCE % for the fiscal year that ended in Dec. 2014 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2014 )		(A: Dec. 2013 )		(A: Dec. 2014 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2014 )		(A: Dec. 2013 )		(A: Dec. 2014 )
	=	0.07	/	( ( (0.13 - 0.03)	+	(0.184 - 0.013) )	/ 2 )
	=	0.07	/	( (0.1	+	0.171)	/ 2 )
	=	0.07	/	0.1355
	=	51.66 %

Trimax's ROCE % of for the quarter that ended in Sep. 2015 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2015 )		(Q: Jun. 2015 )		(Q: Sep. 2015 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2015 )		(Q: Jun. 2015 )		(Q: Sep. 2015 )
	=	0.008	/	( ( (0.169 - 0.169)	+	(0.153 - 0.261) )	/ 1 )
	=	0.008	/	( ( 0	+	-0.108 )	/ 1 )
	=	0.008	/	-0.108
	=	0 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2015) EBIT data.

Trimax (OTCPK:TMXN) 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.

Trimax ROCE % Related Terms

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