Sharpe Resources (Sharpe Resources) ROCE % : 0.00% (As of Sep. 2012)

View and export this data going back to . Start your Free Trial

What is Sharpe Resources 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. Sharpe Resources's annualized ROCE % for the quarter that ended in Sep. 2012 was 0.00%.

Sharpe Resources ROCE % Historical Data

The historical data trend for Sharpe Resources'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.

* Premium members only.

Sharpe Resources ROCE % Chart

Sharpe Resources Annual Data

Trend

Dec02

Dec03

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

ROCE %

Get a 7-Day Free Trial

Sharpe Resources Quarterly Data
	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12
ROCE %	Get a 7-Day Free Trial															-	-	-	-	-

Sharpe Resources ROCE % Calculation

Sharpe Resources'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 )
	=	-0.069	/	( ( (0.009 - 0.876)	+	(0.03 - 0.979) )	/ 2 )
	=	-0.069	/	( (-0.867	+	-0.949)	/ 2 )
	=	-0.069	/	-0.908
	=	7.60 %

Sharpe Resources's ROCE % of for the quarter that ended in Sep. 2012 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2012 )		(Q: Jun. 2012 )		(Q: Sep. 2012 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2012 )		(Q: Jun. 2012 )		(Q: Sep. 2012 )
	=	-0.08	/	( ( (0.035 - 1.017)	+	(0.036 - 1.043) )	/ 2 )
	=	-0.08	/	( ( -0.982	+	-1.007 )	/ 2 )
	=	-0.08	/	-0.9945
	=	0 %

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

Sharpe Resources (OTCPK:SHGP) 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.

Sharpe Resources ROCE % Related Terms

Thank you for viewing the detailed overview of Sharpe Resources's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Sharpe Resources (Sharpe Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Sharpe Resources Corp (OTCPK:SHGP) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

36 Toronto Street, Suite 1000, Toronto, ON, CAN, M5C 2C5

Website

http://www.sharperesourcescorporation.com

Sharpe Resources Corp explores and develops minerals in the western US and coal bed methane and shale gas projects in the northeastern US.

Sharpe Resources (Sharpe Resources) Headlines

No Headlines