Alaska Pacific Energy (Alaska Pacific Energy) ROCE % : -705.00% (As of Jul. 2010)

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What is Alaska Pacific Energy 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. Alaska Pacific Energy's annualized ROCE % for the quarter that ended in Jul. 2010 was -705.00%.

Alaska Pacific Energy ROCE % Historical Data

The historical data trend for Alaska Pacific Energy'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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Alaska Pacific Energy ROCE % Chart

Alaska Pacific Energy Annual Data

Trend

Jan07

Jan08

Jan09

Jan10

ROCE %

-140.00

-49.15

-198.47

Alaska Pacific Energy Quarterly Data
	Jan07	Oct07	Jan08	Apr08	Jul08	Oct08	Jan09	Apr09	Jul09	Oct09	Jan10	Apr10	Jul10
ROCE %	Get a 7-Day Free Trial								-85.53	-161.34	-788.41	-173.88	-705.00

Alaska Pacific Energy ROCE % Calculation

Alaska Pacific Energy's annualized ROCE % for the fiscal year that ended in Jan. 2010 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jan. 2010 )		(A: Jan. 2009 )		(A: Jan. 2010 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jan. 2010 )		(A: Jan. 2009 )		(A: Jan. 2010 )
	=	-0.13	/	( ( (0.111 - 0.001)	+	(0.042 - 0.021) )	/ 2 )
	=	-0.13	/	( (0.11	+	0.021)	/ 2 )
	=	-0.13	/	0.0655
	=	-198.47 %

Alaska Pacific Energy's ROCE % of for the quarter that ended in Jul. 2010 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jul. 2010 )		(Q: Apr. 2010 )		(Q: Jul. 2010 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jul. 2010 )		(Q: Apr. 2010 )		(Q: Jul. 2010 )
	=	-3.74	/	( ( (0.944 - 0.031)	+	(0.28 - 0.132) )	/ 2 )
	=	-3.74	/	( ( 0.913	+	0.148 )	/ 2 )
	=	-3.74	/	0.5305
	=	-705.00 %

(1) Note: The EBIT data used here is four times the quarterly (Jul. 2010) EBIT data.

Alaska Pacific Energy (OTCPK:ASKE) 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.

Alaska Pacific Energy ROCE % Related Terms

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Alaska Pacific Energy (Alaska Pacific Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Alaska Pacific Energy Corp (OTCPK:ASKE) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

3618 Lantana Road, Lake Worth, FL, USA, 33462

Website

Alaska Pacific Energy Corp is a mining and exploration company. The principal products and services of the company are oil and gas lease acquisition, well development, valuable metal property acquisition and mining and ore processing. Additionally, the company is in the hemp business. The company also offers assessment consulting on mineral rights and correlating lease viability.

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