Canal Capital (Canal Capital) ROCE % : 78.77% (As of Jul. 2012)

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What is Canal Capital 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. Canal Capital's annualized ROCE % for the quarter that ended in Jul. 2012 was 78.77%.

Canal Capital ROCE % Historical Data

The historical data trend for Canal Capital'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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Canal Capital ROCE % Chart

Canal Capital Annual Data

Trend

Oct02

Oct03

Oct04

Oct05

Oct06

Oct07

Oct08

Oct09

Oct10

Oct11

ROCE %

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-14.45

3.50

14.53

21.35

-20.99

Canal Capital Quarterly Data
	Oct07	Jan08	Apr08	Jul08	Oct08	Jan09	Apr09	Jul09	Oct09	Jan10	Apr10	Jul10	Oct10	Jan11	Apr11	Jul11	Oct11	Jan12	Apr12	Jul12
ROCE %	Get a 7-Day Free Trial															-25.66	-30.44	-20.81	16.42	78.77

Canal Capital ROCE % Calculation

Canal Capital's annualized ROCE % for the fiscal year that ended in Oct. 2011 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Oct. 2011 )		(A: Oct. 2010 )		(A: Oct. 2011 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Oct. 2011 )		(A: Oct. 2010 )		(A: Oct. 2011 )
	=	-0.657	/	( ( (3.731 - 0.337)	+	(3.169 - 0.302) )	/ 2 )
	=	-0.657	/	( (3.394	+	2.867)	/ 2 )
	=	-0.657	/	3.1305
	=	-20.99 %

Canal Capital's ROCE % of for the quarter that ended in Jul. 2012 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jul. 2012 )		(Q: Apr. 2012 )		(Q: Jul. 2012 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jul. 2012 )		(Q: Apr. 2012 )		(Q: Jul. 2012 )
	=	2.096	/	( ( (3.009 - 0.382)	+	(2.83 - 0.135) )	/ 2 )
	=	2.096	/	( ( 2.627	+	2.695 )	/ 2 )
	=	2.096	/	2.661
	=	78.77 %

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

Canal Capital (OTCPK:COWP) 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.

Canal Capital ROCE % Related Terms

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Canal Capital (Canal Capital) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Canal Capital Corp (OTCPK:COWP) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

4 Morris Street, Port Jefferson Station, New York, NY, USA, 11776

Website

Canal Capital Corp is engaged in stockyard operations and real estate business. It develops and restructures real estate lots surrounding its existing operating lease properties, stockyard operating properties & properties held for development or resale.

Executives

Asher B Edelman

other: Member of 10% Group

C/O PERINI CORP, 73 MT WAYTE AVE, FRAMINGHAM MA 01701

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