Franklin Mining (Franklin Mining) ROCE % : 0.00% (As of Sep. 2002)

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What is Franklin Mining 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. Franklin Mining's annualized ROCE % for the quarter that ended in Sep. 2002 was 0.00%.

Franklin Mining ROCE % Historical Data

The historical data trend for Franklin Mining'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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Franklin Mining ROCE % Chart

Franklin Mining Annual Data

Trend

Dec92

Dec93

Dec94

Dec95

Dec96

Dec97

Dec98

Dec99

Dec00

Dec01

ROCE %

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-14.29

-23.04

-13.31

-1,786.84

Franklin Mining Quarterly Data
	Dec97	Mar98	Jun98	Sep98	Dec98	Mar99	Jun99	Sep99	Dec99	Mar00	Jun00	Sep00	Dec00	Mar01	Jun01	Sep01	Dec01	Mar02	Jun02	Sep02
ROCE %	Get a 7-Day Free Trial															-3.78	-	-	-	-

Franklin Mining ROCE % Calculation

Franklin Mining's annualized ROCE % for the fiscal year that ended in Dec. 2001 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2001 )		(A: Dec. 2000 )		(A: Dec. 2001 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2001 )		(A: Dec. 2000 )		(A: Dec. 2001 )
	=	-0.314	/	( ( (0.14 - 2.266)	+	(0.143 - 2.644) )	/ 2 )
	=	-0.314	/	( (-2.126	+	-2.501)	/ 2 )
	=	-0.314	/	-2.3135
	=	13.57 %

Franklin Mining's ROCE % of for the quarter that ended in Sep. 2002 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2002 )		(Q: Jun. 2002 )		(Q: Sep. 2002 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2002 )		(Q: Jun. 2002 )		(Q: Sep. 2002 )
	=	-0.028	/	( ( (0.144 - 2.706)	+	(0.145 - 2.729) )	/ 2 )
	=	-0.028	/	( ( -2.562	+	-2.584 )	/ 2 )
	=	-0.028	/	-2.573
	=	0 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2002) EBIT data.

Franklin Mining (OTCPK:FMNJ) 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.

Franklin Mining ROCE % Related Terms

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Franklin Mining (Franklin Mining) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Franklin Mining Inc (OTCPK:FMNJ) » Definitions » ROCE %

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Address

215 west Bandera Road, Suite 114-459, Boerne, TX, USA, 78006

Website

https://www.franklinmining.com

Franklin Mining Inc is engaged in the exploration, development, and mining of precious and non-ferrous metals, including gold, silver, lead, copper, and zinc. Its principal mining properties are Franklin Mines, located near Idaho Springs in clear creek country, Colorado, and the Franklin Mill, located on the site of Franklin Mines.

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