Sylios (Sylios) ROCE % : 0.00% (As of Dec. 2019)

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What is Sylios 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. Sylios's annualized ROCE % for the quarter that ended in Dec. 2019 was 0.00%.

Sylios ROCE % Historical Data

The historical data trend for Sylios'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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Sylios ROCE % Chart

Sylios Annual Data

Trend

Dec09

Dec10

Dec18

Dec19

ROCE %

-140.47

-2.63

Sylios Quarterly Data
	Sep08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Jun18	Sep18	Dec18	Jun19	Sep19	Dec19
ROCE %	Get a 7-Day Free Trial													-	-	-	-	-

Sylios ROCE % Calculation

Sylios's annualized ROCE % for the fiscal year that ended in Dec. 2019 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2019 )		(A: Dec. 2018 )		(A: Dec. 2019 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2019 )		(A: Dec. 2018 )		(A: Dec. 2019 )
	=	5.939	/	( ( (0.129 - 11.549)	+	(0.136 - 4.07) )	/ 2 )
	=	5.939	/	( (-11.42	+	-3.934)	/ 2 )
	=	5.939	/	-7.677
	=	-77.36 %

Sylios's ROCE % of for the quarter that ended in Dec. 2019 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2019 )		(Q: Sep. 2019 )		(Q: Dec. 2019 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2019 )		(Q: Sep. 2019 )		(Q: Dec. 2019 )
	=	-0.724	/	( ( (0.11 - 3.891)	+	(0.136 - 4.07) )	/ 2 )
	=	-0.724	/	( ( -3.781	+	-3.934 )	/ 2 )
	=	-0.724	/	-3.8575
	=	0 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2019) EBIT data.

Sylios (GREY:UNGS) 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.

Sylios ROCE % Related Terms

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Sylios (Sylios) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Sylios Corp (GREY:UNGS) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

501 1st Avenue North, Suite 901, Saint Petersburg, FL, USA, 33701

Website

https://www.sylios.com

Sylios Corp through its subsidiaries is engaged in the exploration and development of oil and natural gas properties, purchase of royalty, and working interest units in producing properties (oil and natural gas) and alternative land development projects.

Executives

Jimmy Wayne Anderson

director, 10 percent owner, officer: President, CFO

501 1ST AVENUE NORTH, SUITE 901, ST. PETERSBURG FL 33701

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