Enterra (Enterra) ROCE % : 0.00% (As of Dec. 2008)

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What is Enterra 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. Enterra's annualized ROCE % for the quarter that ended in Dec. 2008 was 0.00%.

Enterra ROCE % Historical Data

The historical data trend for Enterra'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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Enterra ROCE % Chart

Enterra Annual Data

Trend

Dec95

Dec96

Dec97

Dec98

Dec99

Dec07

ROCE %

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10.23

-64.06

-72.46

-55.25

-0.32

Enterra Semi-Annual Data
	Dec95	Dec96	Dec97	Dec98	Dec99	Dec07	Dec08
ROCE %	Get a 7-Day Free Trial			-64.06	-72.46	-55.25	-0.32	-

Enterra ROCE % Calculation

Enterra's annualized ROCE % for the fiscal year that ended in Dec. 2007 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2007 )		(A: Dec. 2099 )		(A: Dec. 2007 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2007 )		(A: Dec. 2099 )		(A: Dec. 2007 )
	=	-0.025	/	( ( (44.234 - 28.395)	+	(0 - 0.025) )	/ 2 )
	=	-0.025	/	( (15.839	+	-0.025)	/ 2 )
	=	-0.025	/	7.907
	=	-0.32 %

Enterra's ROCE % of for the quarter that ended in Dec. 2008 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2008 )		(Q: Dec. 2007 )		(Q: Dec. 2008 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2008 )		(Q: Dec. 2007 )		(Q: Dec. 2008 )
	=	-0.002	/	( ( (0 - 0.025)	+	(0 - 0.027) )	/ 2 )
	=	-0.002	/	( ( -0.025	+	-0.027 )	/ 2 )
	=	-0.002	/	-0.026
	=	0 %

(1) Note: The EBIT data used here is one times the annual (Dec. 2008) EBIT data.

Enterra (OTCPK:ETER) 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.

Enterra ROCE % Related Terms

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Enterra (Enterra) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Enterra Corp (OTCPK:ETER) » Definitions » ROCE %

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Traded in Other Exchanges

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Address

244 5th Avenue, Suite E 201, New York, NY, USA, 10001

Website

https://www.enterracorp.com

Enterra Corp with its subsidiary operates in Early Warning Cyber (EWC), Web3 Decentralized Identity Knowledge and Management (ID K&M), Cloud Security Integration, and Internet of Things (IoT) solutions to combat the cybersecurity threats its potential enterprise and government clients encounter.

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