Circle Entertainment (Circle Entertainment) ROCE % : 0.00% (As of Dec. 2014)

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What is Circle Entertainment 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. Circle Entertainment's annualized ROCE % for the quarter that ended in Dec. 2014 was 0.00%.

Circle Entertainment ROCE % Historical Data

The historical data trend for Circle Entertainment'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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Circle Entertainment ROCE % Chart

Circle Entertainment Annual Data

Trend

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ROCE %

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Circle Entertainment Quarterly Data
	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14
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Circle Entertainment ROCE % Calculation

Circle Entertainment'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 )
	=	-2.524	/	( ( (0.977 - 17.28)	+	(0.511 - 18.84) )	/ 2 )
	=	-2.524	/	( (-16.303	+	-18.329)	/ 2 )
	=	-2.524	/	-17.316
	=	14.58 %

Circle Entertainment'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: Sep. 2014 )		(Q: Dec. 2014 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2014 )		(Q: Sep. 2014 )		(Q: Dec. 2014 )
	=	-2.116	/	( ( (0.583 - 18.368)	+	(0.511 - 18.84) )	/ 2 )
	=	-2.116	/	( ( -17.785	+	-18.329 )	/ 2 )
	=	-2.116	/	-18.057
	=	0 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2014) EBIT data.

Circle Entertainment (OTCPK:CEXE) 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.

Circle Entertainment ROCE % Related Terms

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Circle Entertainment (Circle Entertainment) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Circle Entertainment Inc (OTCPK:CEXE) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

70 East 55th Street, New York, NY, USA, 10022

Website

http://fxle.client.shareholder.com

Circle Entertainment Inc is involved in the development of location-based entertainment line of business.

Executives

John Miller

director

STARVEST MANAGEMENT, 750 LEXINGTON AVENUE, NEW YORK NY 10022

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