Quantum Metal Exchange (Quantum Metal Exchange) ROCE % : 0.00% (As of Feb. 2013)

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What is Quantum Metal Exchange 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. Quantum Metal Exchange's annualized ROCE % for the quarter that ended in Feb. 2013 was 0.00%.

Quantum Metal Exchange ROCE % Historical Data

The historical data trend for Quantum Metal Exchange'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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Quantum Metal Exchange ROCE % Chart

Quantum Metal Exchange Annual Data

Trend

Aug09

Aug10

ROCE %

-26.09

-59.15

Quantum Metal Exchange Quarterly Data
	May09	Aug09	Nov09	Feb10	May10	Aug10	Nov10	Feb11	May11	Aug11	Nov11	Feb12	Nov12	Feb13
ROCE %	Get a 7-Day Free Trial									-27.59	-218.18	-	-908.74	-

Quantum Metal Exchange ROCE % Calculation

Quantum Metal Exchange's annualized ROCE % for the fiscal year that ended in Aug. 2010 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Aug. 2010 )		(A: Aug. 2009 )		(A: Aug. 2010 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Aug. 2010 )		(A: Aug. 2009 )		(A: Aug. 2010 )
	=	-0.021	/	( ( (0.046 - 0)	+	(0.025 - 0) )	/ 2 )
	=	-0.021	/	( (0.046	+	0.025)	/ 2 )
	=	-0.021	/	0.0355
	=	-59.15 %

Quantum Metal Exchange's ROCE % of for the quarter that ended in Feb. 2013 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Feb. 2013 )		(Q: Nov. 2012 )		(Q: Feb. 2013 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Feb. 2013 )		(Q: Nov. 2012 )		(Q: Feb. 2013 )
	=	-0.928	/	( ( (0.556 - 0.238)	+	(0.546 - 1.343) )	/ 2 )
	=	-0.928	/	( ( 0.318	+	-0.797 )	/ 2 )
	=	-0.928	/	-0.2395
	=	0 %

(1) Note: The EBIT data used here is four times the quarterly (Feb. 2013) EBIT data.

Quantum Metal Exchange (OTCPK:QMEI) 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.

Quantum Metal Exchange ROCE % Related Terms

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Quantum Metal Exchange (Quantum Metal Exchange) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Quantum Metal Exchange Inc (OTCPK:QMEI) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

One World Trade Center, Suite 8500, New York, NY, USA, 10007

Website

https://qmexchange.world

Quantum Metal Exchange Inc is a company with bullion based technology capacities, empowering people and businesses from upstream to downstream of the precious metal industry through technologies and cutting-edge corporate solutions. The company geographically operates in Malaysia, Singapore, Thailand, Australia, Indonesia and Nigeria.

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