United Resources Holdings Group (United Resources Holdings Group) ROCE % : -6.65% (As of Jun. 2011)

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What is United Resources Holdings 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. United Resources Holdings Group's annualized ROCE % for the quarter that ended in Jun. 2011 was -6.65%.

United Resources Holdings Group ROCE % Historical Data

The historical data trend for United Resources Holdings 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.

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United Resources Holdings Group ROCE % Chart

United Resources Holdings Group Annual Data

Trend

ROCE %

United Resources Holdings Group Semi-Annual Data
	Jun10	Jun11
ROCE %	-	-6.65

United Resources Holdings Group ROCE % Calculation

United Resources Holdings Group'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 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

United Resources Holdings Group's ROCE % of for the quarter that ended in Jun. 2011 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2011 )		(Q: Jun. 2010 )		(Q: Jun. 2011 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2011 )		(Q: Jun. 2010 )		(Q: Jun. 2011 )
	=	-0.22	/	( ( (0 - 0)	+	(3.329 - 0.02) )	/ 1 )
	=	-0.22	/	( ( 0	+	3.309 )	/ 1 )
	=	-0.22	/	3.309
	=	-6.65 %

(1) Note: The EBIT data used here is two times the semi-annual (Jun. 2011) EBIT data.

United Resources Holdings Group (OTCPK:URHG) 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.

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United Resources Holdings Group (United Resources Holdings Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » United Resources Holdings Group Inc (OTCPK:URHG) » Definitions » ROCE %

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Traded in Other Exchanges

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Address

628 Middlegate Road, Suite 6, Henderson, NV, USA, 89011

Website

https://www.urhg.net

United Resource Holdings Group Inc is focused on creating a diverse portfolio of valuable assets.

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