Metal Reclamation Bhd (XKLS:7059) ROCE % : -33.51% (As of Mar. 2015)

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What is Metal Reclamation Bhd 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. Metal Reclamation Bhd's annualized ROCE % for the quarter that ended in Mar. 2015 was -33.51%.

Metal Reclamation Bhd ROCE % Historical Data

The historical data trend for Metal Reclamation Bhd'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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Metal Reclamation Bhd ROCE % Chart

Metal Reclamation Bhd Annual Data

Trend

Jun06

Jun07

Jun08

Jun09

Jun10

Jun11

Jun12

Jun13

Jun14

ROCE %

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23.93

17.73

-37.52

-13.51

-20.45

Metal Reclamation Bhd Quarterly Data
	Jun06	Jun07	Jun08	Jun09	Jun10	Jun11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15
ROCE %	Get a 7-Day Free Trial															44.39	-160.27	-44.71	-57.71	-33.51

Metal Reclamation Bhd ROCE % Calculation

Metal Reclamation Bhd's annualized ROCE % for the fiscal year that ended in Jun. 2014 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2014 )		(A: Jun. 2013 )		(A: Jun. 2014 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2014 )		(A: Jun. 2013 )		(A: Jun. 2014 )
	=	-4.849	/	( ( (151.245 - 125.052)	+	(141.57 - 120.348) )	/ 2 )
	=	-4.849	/	( (26.193	+	21.222)	/ 2 )
	=	-4.849	/	23.7075
	=	-20.45 %

Metal Reclamation Bhd's ROCE % of for the quarter that ended in Mar. 2015 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2015 )		(Q: Dec. 2014 )		(Q: Mar. 2015 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2015 )		(Q: Dec. 2014 )		(Q: Mar. 2015 )
	=	-5.332	/	( ( (139.422 - 121.692)	+	(138.821 - 124.729) )	/ 2 )
	=	-5.332	/	( ( 17.73	+	14.092 )	/ 2 )
	=	-5.332	/	15.911
	=	-33.51 %

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

Metal Reclamation Bhd (XKLS:7059) 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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Metal Reclamation Bhd (XKLS:7059) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Metal Reclamation Bhd (XKLS:7059) » Definitions » ROCE %

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Address

Website

http://www.metalreclamationbhd.com

Metal Reclamation Bhd, through its subsidiaries, is engaged in reclamation and sale of lead and lead alloys; and design, fabrication and sales of industrial machinery and equipment.

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