Reelcause (Reelcause) ROCE % : -4.16% (As of Sep. 2012)

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What is Reelcause 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. Reelcause's annualized ROCE % for the quarter that ended in Sep. 2012 was -4.16%.

Reelcause ROCE % Historical Data

The historical data trend for Reelcause'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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Reelcause ROCE % Chart

Reelcause Annual Data

Trend

Oct08

Oct09

Dec10

Dec11

ROCE %

-10.94

-54.00

211.60

-32.88

Reelcause Quarterly Data
	Apr08	Oct08	Jan09	Apr09	Jul09	Oct09	Jan10	Apr10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12
ROCE %	Get a 7-Day Free Trial												-65.67	-59.63	58.58	99.14	-4.16

Reelcause ROCE % Calculation

Reelcause's annualized ROCE % for the fiscal year that ended in Dec. 2011 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2011 )		(A: Dec. 2010 )		(A: Dec. 2011 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2011 )		(A: Dec. 2010 )		(A: Dec. 2011 )
	=	-1.545	/	( ( (35.667 - 29.995)	+	(50.127 - 46.402) )	/ 2 )
	=	-1.545	/	( (5.672	+	3.725)	/ 2 )
	=	-1.545	/	4.6985
	=	-32.88 %

Reelcause's ROCE % of for the quarter that ended in Sep. 2012 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2012 )		(Q: Jun. 2012 )		(Q: Sep. 2012 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2012 )		(Q: Jun. 2012 )		(Q: Sep. 2012 )
	=	-0.2	/	( ( (58.328 - 53.426)	+	(58.521 - 53.812) )	/ 2 )
	=	-0.2	/	( ( 4.902	+	4.709 )	/ 2 )
	=	-0.2	/	4.8055
	=	-4.16 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2012) EBIT data.

Reelcause (OTCPK:RCIT) 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.

Reelcause ROCE % Related Terms

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Reelcause (Reelcause) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Reelcause Inc (OTCPK:RCIT) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

4760 S Pecos Road, Suite 103, Las Vegas, NV, USA, 89121

Website

https://www.rcitgroup.net

Reelcause Inc focuses on commercializing patented technology related to new renewable energy projects. Its Product family include hydrogen gas range, hydrogen boiler, hydrogen hot air fan, hydrogen water purifier, hydrogen water source wave, hydrogen drone, hydrogen ene farm, and realization of smart farm using hydrogen boiler.

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