Abakan (Abakan) ROCE % : -251.85% (As of May. 2015)

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What is Abakan 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. Abakan's annualized ROCE % for the quarter that ended in May. 2015 was -251.85%.

Abakan ROCE % Historical Data

The historical data trend for Abakan'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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Abakan ROCE % Chart

Abakan Annual Data

Trend

May07

May08

May09

May10

May11

May12

May13

May14

May15

ROCE %

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-102.58

-4.09

-63.33

-70.03

-155.20

Abakan Quarterly Data
	Aug10	Nov10	Feb11	May11	Aug11	Nov11	Feb12	May12	Aug12	Nov12	Feb13	May13	Aug13	Nov13	Feb14	May14	Aug14	Nov14	Feb15	May15
ROCE %	Get a 7-Day Free Trial															-72.24	-84.56	-92.82	-91.78	-251.85

Abakan ROCE % Calculation

Abakan's annualized ROCE % for the fiscal year that ended in May. 2015 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: May. 2015 )		(A: May. 2014 )		(A: May. 2015 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: May. 2015 )		(A: May. 2014 )		(A: May. 2015 )
	=	-7.199	/	( ( (14.684 - 8.263)	+	(14.221 - 11.365) )	/ 2 )
	=	-7.199	/	( (6.421	+	2.856)	/ 2 )
	=	-7.199	/	4.6385
	=	-155.20 %

Abakan's ROCE % of for the quarter that ended in May. 2015 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: May. 2015 )		(Q: Feb. 2015 )		(Q: May. 2015 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: May. 2015 )		(Q: Feb. 2015 )		(Q: May. 2015 )
	=	-11.308	/	( ( (14.674 - 8.55)	+	(14.221 - 11.365) )	/ 2 )
	=	-11.308	/	( ( 6.124	+	2.856 )	/ 2 )
	=	-11.308	/	4.49
	=	-251.85 %

(1) Note: The EBIT data used here is four times the quarterly (May. 2015) EBIT data.

Abakan (OTCPK:ABKI) 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.

Abakan ROCE % Related Terms

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Abakan (Abakan) Business Description

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Address

Website

http://www.abakaninc.com

Abakan Inc manufactures and markets nano-composite materials, fabricated metal products, engineered metal composites and engineered reactive materials. These have applications in the oil and gas, petrochemical, mining, aerospace and defense, energy, infrastructure, and processing industries. Its technology portfolio includes metal cladding technology, long-life nano-composite anti-corrosion and wear coating materials, metal composites, and dissolvable materials. It offers a family of nano-composite thermal spray coating materials known as PComP. The company's revenues are comprised of sales of PComP powder along with thermal spray application services, research and development grants and equipment sale and lease income.

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