Horrison Resources (Horrison Resources) ROCE % : 0.00% (As of Dec. 2017)

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What is Horrison Resources 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. Horrison Resources's annualized ROCE % for the quarter that ended in Dec. 2017 was 0.00%.

Horrison Resources ROCE % Historical Data

The historical data trend for Horrison Resources'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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Horrison Resources ROCE % Chart

Horrison Resources Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

ROCE %

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-188.46

-118.97

Horrison Resources Quarterly Data
	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17
ROCE %	Get a 7-Day Free Trial															-	-571.43	-300.00	-1,900.00	-

Horrison Resources ROCE % Calculation

Horrison Resources's annualized ROCE % for the fiscal year that ended in Dec. 2017 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2017 )		(A: Dec. 2016 )		(A: Dec. 2017 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2017 )		(A: Dec. 2016 )		(A: Dec. 2017 )
	=	-0.06	/	( ( (0.026 - 0.023)	+	(0 - 0.018) )	/ 2 )
	=	-0.06	/	( (0.003	+	-0.018)	/ 2 )
	=	-0.06	/	-0.0075
	=	800.00 %

Horrison Resources's ROCE % of for the quarter that ended in Dec. 2017 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2017 )		(Q: Sep. 2017 )		(Q: Dec. 2017 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2017 )		(Q: Sep. 2017 )		(Q: Dec. 2017 )
	=	-0.104	/	( ( (0.016 - 0.013)	+	(0 - 0.018) )	/ 2 )
	=	-0.104	/	( ( 0.003	+	-0.018 )	/ 2 )
	=	-0.104	/	-0.0075
	=	0 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2017) EBIT data.

Horrison Resources (OTCPK:HRSR) 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.

Horrison Resources ROCE % Related Terms

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Horrison Resources (Horrison Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Horrison Resources Inc (OTCPK:HRSR) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

133 Hoi Bun Road, Unit L, 16th Floor, MG Tower, Kwun Tong, Kowloon, Hong Kong, HKG

Website

http://www.hrsr.us

Horrison Resources Inc is engaged in planting, developing, researching, harvesting, cultivating, and growing plantations with a focus on Aquilaria species across the Asia regions.

Horrison Resources (Horrison Resources) Headlines

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