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Tiger Reef (Tiger Reef) ROCE % : 0.00% (As of Jun. 2017)


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What is Tiger Reef 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. Tiger Reef's annualized ROCE % for the quarter that ended in Jun. 2017 was 0.00%.

Tiger Reef ROCE % Historical Data

The historical data trend for Tiger Reef'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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Tiger Reef ROCE % Chart

Tiger Reef Annual Data
Trend Dec13 Dec14 Dec15 Dec16
ROCE %
- - -111.41 -523.16

Tiger Reef Quarterly Data
Sep13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -4,438.10 - - - -

Tiger Reef ROCE % Calculation

Tiger Reef's annualized ROCE % for the fiscal year that ended in Dec. 2016 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2016 )  (A: Dec. 2015 )(A: Dec. 2016 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2016 )  (A: Dec. 2015 )(A: Dec. 2016 )
=-0.463/( ( (0.638 - 0.219) + (0 - 0.242) )/ 2 )
=-0.463/( (0.419+-0.242)/ 2 )
=-0.463/0.0885
=-523.16 %

Tiger Reef's ROCE % of for the quarter that ended in Jun. 2017 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jun. 2017 )  (Q: Mar. 2017 )(Q: Jun. 2017 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jun. 2017 )  (Q: Mar. 2017 )(Q: Jun. 2017 )
=-1.552/( ( (0.004 - 0.377) + (0.025 - 0.804) )/ 2 )
=-1.552/( ( -0.373 + -0.779 )/ 2 )
=-1.552/-0.576
=0 %

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

* 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.

Tiger Reef  (OTCPK:TGRR) 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.

Tiger Reef ROCE % Related Terms

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Tiger Reef (Tiger Reef) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Tiger Reef Inc (OTCPK:TGRR) » Definitions » ROCE %
Comparable Companies
TSXV:FGH BOM:531635 WAR:TLV XZIM:AFDS.ZW NSE:RKDL BOM:507498 NSE:AURDIS ASX:DW8 PACV XKLS:5188 XSAT:UMIDA B THST ASX:AWY SGX:BKV OTSE:LINDA ESDI OSTO:MACK B VDKB BOM:530305 LSE:GUS
Traded in Other Exchanges
N/A
Address
Wellsburg Street No. 7, Dutch West Indies, Cole Bay, SXM
Website
http://www.tigerreefinc.com
Tiger Reef Inc is a producer of ultra-premium rums under the Tiger Reef brand. It is also a developer of casual dining restaurant properties in the Caribbean under the Mermaid Reef Ocean Grill and Lounge brand.