US Helicopter (US Helicopter) ROCE % : -817.75% (As of Dec. 2007)

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What is US Helicopter 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. US Helicopter's annualized ROCE % for the quarter that ended in Dec. 2007 was -817.75%.

US Helicopter ROCE % Historical Data

The historical data trend for US Helicopter'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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US Helicopter ROCE % Chart

US Helicopter Annual Data

Trend

Dec04

Dec05

Dec06

Dec07

ROCE %

-77.92

-112.86

-298.37

-817.75

US Helicopter Semi-Annual Data
	Dec04	Dec05	Dec06	Dec07
ROCE %	-77.92	-112.86	-298.37	-817.75

US Helicopter ROCE % Calculation

US Helicopter'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. 2006 )		(A: Dec. 2007 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2007 )		(A: Dec. 2006 )		(A: Dec. 2007 )
	=	-11.244	/	( ( (6.917 - 2.657)	+	(3.318 - 4.828) )	/ 2 )
	=	-11.244	/	( (4.26	+	-1.51)	/ 2 )
	=	-11.244	/	1.375
	=	-817.75 %

US Helicopter's ROCE % of for the quarter that ended in Dec. 2007 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2007 )		(Q: Dec. 2006 )		(Q: Dec. 2007 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2007 )		(Q: Dec. 2006 )		(Q: Dec. 2007 )
	=	-11.244	/	( ( (6.917 - 2.657)	+	(3.318 - 4.828) )	/ 2 )
	=	-11.244	/	( ( 4.26	+	-1.51 )	/ 2 )
	=	-11.244	/	1.375
	=	-817.75 %

(1) Note: The EBIT data used here is one times the annual (Dec. 2007) EBIT data.

US Helicopter (OTCPK:USHP) 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.

US Helicopter ROCE % Related Terms

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US Helicopter (US Helicopter) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » US Helicopter Corp (OTCPK:USHP) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.flyush.com

The Company provides regularly scheduled helicopter shuttle service between many of the nation's metropolitan airports and surrounding city-based heliports.

Executives

Dean C Borgman	director
Stephen T Wills	director	PALATIN TECHNOLOGIES, INC., 4B CEDAR BROOK DRIVE, CRANBURY NJ 08512

US Helicopter (US Helicopter) Headlines

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