Kingsway Linked Return Of Capital Trust (TSX:KSP.UN.PFD) ROCE % : 0.00% (As of . 20)

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

What is Kingsway Linked Return Of Capital Trust 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. Kingsway Linked Return Of Capital Trust's annualized ROCE % for the quarter that ended in . 20 was 0.00%.

Kingsway Linked Return Of Capital Trust ROCE % Historical Data

The historical data trend for Kingsway Linked Return Of Capital Trust'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.

Kingsway Linked Return Of Capital Trust ROCE % Chart

Kingsway Linked Return Of Capital Trust Annual Data

Trend

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

ROCE %

Get a 7-Day Free Trial

17.06

-8.60

-0.09

3.34

3.30

Kingsway Linked Return Of Capital Trust Quarterly Data

ROCE %

Kingsway Linked Return Of Capital Trust ROCE % Calculation

Kingsway Linked Return Of Capital Trust's annualized ROCE % for the fiscal year that ended in Dec. 2012 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2012 )		(A: Dec. 2011 )		(A: Dec. 2012 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2012 )		(A: Dec. 2011 )		(A: Dec. 2012 )
	=	4.533	/	( ( (139.328 - 0.111)	+	(135.433 - 0.104) )	/ 2 )
	=	4.533	/	( (139.217	+	135.329)	/ 2 )
	=	4.533	/	137.273
	=	3.30 %

Kingsway Linked Return Of Capital Trust's ROCE % of for the quarter that ended in . 20 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: . 20 )		(Q: . 20 )		(Q: . 20 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: . 20 )		(Q: . 20 )		(Q: . 20 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

(1) Note: The EBIT data used here is four times the quarterly (. 20) EBIT data.

Kingsway Linked Return Of Capital Trust (TSX:KSP.UN.PFD) 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.

Kingsway Linked Return Of Capital Trust ROCE % Related Terms

Thank you for viewing the detailed overview of Kingsway Linked Return Of Capital Trust's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Kingsway Linked Return Of Capital Trust (TSX:KSP.UN.PFD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Kingsway Linked Return Of Capital Trust (TSX:KSP.UN.PFD) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.scotiamanagedcompanies.com

Kingsway Linked Return is an investment trust established in Canada. The Company seeks to provide quarterly fixed cumulative distributions of $0.3125 per LROC Preferred Unit. The Company will use the net proceeds of this offering to subscribe for and purchase all of the limited partnership units of KL Limited Partnership. The Company's activities are managed by Scotia Managed Companies Administration Inc., and overseen by the trustees of the Trust.

Kingsway Linked Return Of Capital Trust (TSX:KSP.UN.PFD) Headlines

No Headlines