American Biltrite (American Biltrite) ROCE % : -0.19% (As of Dec. 2011)

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What is American Biltrite 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. American Biltrite's annualized ROCE % for the quarter that ended in Dec. 2011 was -0.19%.

American Biltrite ROCE % Historical Data

The historical data trend for American Biltrite'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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American Biltrite ROCE % Chart

American Biltrite Annual Data

Trend

Dec02

Dec03

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

ROCE %

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-19.84

-24.88

-1.81

4.29

-0.71

American Biltrite Quarterly Data
	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11
ROCE %	Get a 7-Day Free Trial															9.18	3.99	-4.31	0.56	-0.19

American Biltrite ROCE % Calculation

American Biltrite'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 )
	=	-0.632	/	( ( (123.23 - 31.819)	+	(120.4 - 33.937) )	/ 2 )
	=	-0.632	/	( (91.411	+	86.463)	/ 2 )
	=	-0.632	/	88.937
	=	-0.71 %

American Biltrite's ROCE % of for the quarter that ended in Dec. 2011 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2011 )		(Q: Sep. 2011 )		(Q: Dec. 2011 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2011 )		(Q: Sep. 2011 )		(Q: Dec. 2011 )
	=	-0.168	/	( ( (133.011 - 44.783)	+	(120.4 - 33.937) )	/ 2 )
	=	-0.168	/	( ( 88.228	+	86.463 )	/ 2 )
	=	-0.168	/	87.3455
	=	-0.19 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2011) EBIT data.

American Biltrite (OTCPK:ABLT) 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.

American Biltrite ROCE % Related Terms

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American Biltrite (American Biltrite) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » American Biltrite Inc (OTCPK:ABLT) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

57 River Street, Suite 302, Wellesley Hills, MA, USA, 02481-2097

Website

http://www.ambilt.com

American Biltrite Inc is engaged in providing flooring products, tape products, jewelry, and rubber products globally. It offers all the products from its operating divisions, Tape Division, K&M Associates L.P., and American Biltrite (Canada) Ltd. The Tape products division provides specialized pressure-sensitive tapes, films, and protective sheeting. American Biltrite (Canada) Ltd manufactures and distributes commercial flooring and performance sheet rubber throughout North America. K&M Associates L.P. supplies fashion jewelry and sells branded and private-label products to a wide range of retail customers.

Executives

Mark N Kaplan	director	C/O AUTOWEB, INC. 6410 OAK CANYON, SUITE 250 IRVINE CA 92618
Mark S Newman	director	DRS TECHNOLOGIES, INC., 5 SYLVAN WAY, PARSIPPANY NJ 07054
Kenneth I Watchmaker	director
Frederick H Joseph	director	93 ABBOT STREET, ANDOVER MA 01810

American Biltrite (American Biltrite) Headlines

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