All American Gold (All American Gold) ROCE % : 0.00% (As of May. 2013)

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What is All American Gold 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. All American Gold's annualized ROCE % for the quarter that ended in May. 2013 was 0.00%.

All American Gold ROCE % Historical Data

The historical data trend for All American Gold'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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All American Gold ROCE % Chart

All American Gold Annual Data

Trend

May09

May10

May11

May12

May13

ROCE %

All American Gold Quarterly Data
	Nov08	Feb09	May09	Aug09	Nov09	Feb10	May10	Aug10	Nov10	Feb11	May11	Aug11	Nov11	Feb12	May12	Aug12	Nov12	Feb13	May13
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All American Gold ROCE % Calculation

All American Gold's annualized ROCE % for the fiscal year that ended in May. 2013 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: May. 2013 )		(A: May. 2012 )		(A: May. 2013 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: May. 2013 )		(A: May. 2012 )		(A: May. 2013 )
	=	-0.05	/	( ( (0.022 - 0.053)	+	(0.001 - 0.083) )	/ 2 )
	=	-0.05	/	( (-0.031	+	-0.082)	/ 2 )
	=	-0.05	/	-0.0565
	=	88.50 %

All American Gold's ROCE % of for the quarter that ended in May. 2013 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: May. 2013 )		(Q: Feb. 2013 )		(Q: May. 2013 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: May. 2013 )		(Q: Feb. 2013 )		(Q: May. 2013 )
	=	-0.016	/	( ( (0.001 - 0.079)	+	(0.001 - 0.083) )	/ 2 )
	=	-0.016	/	( ( -0.078	+	-0.082 )	/ 2 )
	=	-0.016	/	-0.08
	=	0 %

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

All American Gold (OTCPK:AAGC) 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.

All American Gold ROCE % Related Terms

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All American Gold (All American Gold) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » All American Gold Corp (OTCPK:AAGC) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1629 Central Avenue, Suite 202, Cheyenne, WY, USA, 82001

Website

http://www.allamericangoldcorp.com

All American Gold Corp operates Hollywood Star Cuts, a full-service family hair salon business with locations in the Boise, Idaho metropolitan area and plans to rapidly expand locations.

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