EXPL (Endurance Exploration Group) ROC %: -32.05% (As of Sep. 2018)


What is Endurance Exploration Group ROC %?

Endurance Exploration Group EXPL +1,328.57% ROC % is -32.05% as of Sep. 2018.

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Endurance Exploration Group's annualized return on capital (ROC %) for the quarter that ended in Sep. 2018 was -32.05%.

As of today (2026-06-25), Endurance Exploration Group's WACC % is 0.00%. Endurance Exploration Group's ROC % is 0.00% (calculated using TTM income statement data). Endurance Exploration Group earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Endurance Exploration Group  (OTCPK:EXPL) ROC % Explanation

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, Endurance Exploration Group's WACC % is 0.00%. Endurance Exploration Group's ROC % is 0.00% (calculated using TTM income statement data). Endurance Exploration Group earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Be Aware

Like ROE % and ROA %, ROC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Endurance Exploration Group ROC % Related Terms

Endurance Exploration Group ROC % Historical Data

* Premium members only.

The historical data trend for Endurance Exploration Group's ROC % 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.

Endurance Exploration Group ROC % Chart

Endurance Exploration Group Annual Data
Trend Jan08 Jan09 Jan10 Jan11 Jan12 Jan13 Dec14 Dec15 Dec16 Dec17
ROC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.62 -221.39 -207.00 -69.69 -70.40

Endurance Exploration Group Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
ROC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -62.07 -26.37 -41.47 -74.16 -32.05

Endurance Exploration Group ROC % Calculation

Endurance Exploration Group's annualized Return on Capital (ROC %) for the fiscal year that ended in Dec. 2017 is calculated as:

ROC % (A: Dec. 2017 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Dec. 2016 ) + Invested Capital (A: Dec. 2017 ))/ count )
=-0.377 * ( 1 - 0% )/( (0.571 + 0.5)/ 2 )
=-0.377/0.5355
=-70.40 %

where

Invested Capital(A: Dec. 2016 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=0.574 - 0.149 - ( 0.003 - max(0, 0.149 - 0.003+0.003))
=0.571

Invested Capital(A: Dec. 2017 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=0.511 - 0.06 - ( 0.005 - max(0, 0.404 - 0.355+0.005))
=0.5

Endurance Exploration Group's annualized Return on Capital (ROC %) for the quarter that ended in Sep. 2018 is calculated as:

ROC % (Q: Sep. 2018 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2018 ) + Invested Capital (Q: Sep. 2018 ))/ count )
=-0.288 * ( 1 - 0% )/( (1.038 + 0.759)/ 2 )
=-0.288/0.8985
=-32.05 %

where

Invested Capital(Q: Jun. 2018 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=0.557 - 0.054 - ( 0.008 - max(0, 0.611 - 0.076+0.008))
=1.038

Invested Capital(Q: Sep. 2018 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=0.607 - 0.052 - ( 0.001 - max(0, 0.698 - 0.494+0.001))
=0.759

Note: The Operating Income data used here is four times the quarterly (Sep. 2018) data. The tax rate is limited to between 0% and 100%.

* 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.

Frequently Asked Questions Learn more about ROC % →
What does a ROC % of -32.05% mean?
Endurance Exploration Group (EXPL) has a ROC % of -32.05% as of Sep. 2018. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Endurance Exploration Group and its competitors.
Is Endurance Exploration Group's ROC % too high?
Endurance Exploration Group's current ROC % is -32.05%.
How does Endurance Exploration Group's ROC % compare to NESCQ and SENR?
Endurance Exploration Group's ROC % of -32.05% can be compared against companies in the Waste Management industry. The industry median ROC % is 3.53. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROC % for a Waste Management company?
The median ROC % among Waste Management companies is 3.53, based on 246 companies in the industry. Companies in the top quartile (top 25%) have a ROC % significantly above this median, while those in the bottom quartile fall well below. However, ROC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROC % mean?
A high ROC % can signal that a stock is expensive relative to its fundamentals. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Endurance Exploration Group and its competitors. For the Waste Management industry, the median ROC % is 3.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Endurance Exploration Group's current ROC % is -32.05%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Endurance Exploration Group stock overvalued right now?
Endurance Exploration Group (EXPL) has a current ROC % of -32.05%. The current ROC % is -32.05%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROC % calculated?
ROC % is calculated from a company's financial statements. For Endurance Exploration Group (EXPL), the current ROC % is -32.05% as of Sep. 2018. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Endurance Exploration Group Business Description

Address 15500 Roosevelt Boulevard, Suite 301, Clearwater, FL, USA, 33760
Endurance Exploration Group Inc is engaged in the exploration and recovery of deep-ocean shipwrecks across various countries. The company is focused on recovering bullion precious metals numismatic-grade coinage, high-value non-ferrous metals and other valuable cargos from both historic and modern shipwrecks. Its project consists of Project Connaught and Project Black Marlin. The Project Connaught is a steam-powered packet ship that transport cargo and passengers between Great Britain and the United States. Its Project Black Marlin is a vessel engaged in the trading activities.