Relaxnews (XPAR:ALRLX) ROCE % : -53.41% (As of Dec. 2014)

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What is Relaxnews 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. Relaxnews's annualized ROCE % for the quarter that ended in Dec. 2014 was -53.41%.

Relaxnews ROCE % Historical Data

The historical data trend for Relaxnews'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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Relaxnews ROCE % Chart

Relaxnews Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

ROCE %

-24.08

2.52

-43.77

-22.29

-42.41

Relaxnews Semi-Annual Data
	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14
ROCE %	Get a 7-Day Free Trial			-48.46	-30.79	-7.59	-36.96	-53.41

Relaxnews ROCE % Calculation

Relaxnews'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 )
	=	-1.399	/	( ( (6.181 - 2.517)	+	(11.657 - 8.723) )	/ 2 )
	=	-1.399	/	( (3.664	+	2.934)	/ 2 )
	=	-1.399	/	3.299
	=	-42.41 %

Relaxnews's ROCE % of for the quarter that ended in Dec. 2014 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2014 )		(Q: Jun. 2014 )		(Q: Dec. 2014 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2014 )		(Q: Jun. 2014 )		(Q: Dec. 2014 )
	=	-1.574	/	( ( (6.126 - 3.166)	+	(11.657 - 8.723) )	/ 2 )
	=	-1.574	/	( ( 2.96	+	2.934 )	/ 2 )
	=	-1.574	/	2.947
	=	-53.41 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2014) EBIT data.

Relaxnews (XPAR:ALRLX) 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.

Relaxnews ROCE % Related Terms

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Relaxnews (XPAR:ALRLX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Relaxnews (XPAR:ALRLX) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.relaxnews.com

Relaxnews specializes in designing, producing, and publishing leisure content (lifestyle, home, entertainment, and tourism news and information) for media, businesses, e-commerce sites, blogs, and institutions.

Relaxnews (XPAR:ALRLX) Headlines

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