Umax Group (Umax Group) ROCE % : -60.47% (As of Apr. 2018)

View and export this data going back to 2012. Start your Free Trial

What is Umax 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. Umax Group's annualized ROCE % for the quarter that ended in Apr. 2018 was -60.47%.

Umax Group ROCE % Historical Data

The historical data trend for Umax 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.

Umax Group ROCE % Chart

Umax Group Annual Data

Trend

Apr12

Apr13

Apr17

Apr18

ROCE %

-57.14

-75.38

-60.47

Umax Group Semi-Annual Data
	Apr12	Apr13	Apr17	Apr18
ROCE %	-57.14	-	-75.38	-60.47

Umax Group ROCE % Calculation

Umax Group's annualized ROCE % for the fiscal year that ended in Apr. 2018 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Apr. 2018 )		(A: Apr. 2017 )		(A: Apr. 2018 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Apr. 2018 )		(A: Apr. 2017 )		(A: Apr. 2018 )
	=	-0.091	/	( ( (0.28 - 0)	+	(0.021 - 0) )	/ 2 )
	=	-0.091	/	( (0.28	+	0.021)	/ 2 )
	=	-0.091	/	0.1505
	=	-60.47 %

Umax Group's ROCE % of for the quarter that ended in Apr. 2018 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Apr. 2018 )		(Q: Apr. 2017 )		(Q: Apr. 2018 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Apr. 2018 )		(Q: Apr. 2017 )		(Q: Apr. 2018 )
	=	-0.091	/	( ( (0.28 - 0)	+	(0.021 - 0) )	/ 2 )
	=	-0.091	/	( ( 0.28	+	0.021 )	/ 2 )
	=	-0.091	/	0.1505
	=	-60.47 %

(1) Note: The EBIT data used here is one times the annual (Apr. 2018) EBIT data.

Umax Group (OTCPK:UMAX) 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.

Umax Group ROCE % Related Terms

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

Umax Group (Umax Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Umax Group Corp (OTCPK:UMAX) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

2020 Bay Street, Los Angeles, CA, USA, 90012

Website

https://www.umaxgrpcorp.com

Umax Group Corp is a media development company which is concentrated on producing its original content with the intent of selling that content to one of the many streaming companies such as Netflix, Hulu, Showtime, Disney plus etc. and having their own streaming platforms on website and YouTube channels.