S & B Industrial Minerals (ATH:ARBA) ROCE % : 4.99% (As of Sep. 2012)

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

What is S & B Industrial Minerals 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. S & B Industrial Minerals's annualized ROCE % for the quarter that ended in Sep. 2012 was 4.99%.

S & B Industrial Minerals ROCE % Historical Data

The historical data trend for S & B Industrial Minerals'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.

S & B Industrial Minerals ROCE % Chart

S & B Industrial Minerals Annual Data

Trend

Dec02

Dec03

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

ROCE %

Get a 7-Day Free Trial

9.26

9.12

3.57

6.47

10.23

S & B Industrial Minerals Quarterly Data
	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12
ROCE %	Get a 7-Day Free Trial							13.84	6.82	14.84	16.32	4.99

S & B Industrial Minerals ROCE % Calculation

S & B Industrial Minerals'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 )
	=	39.601	/	( ( (523.671 - 108.072)	+	(562.782 - 204.155) )	/ 2 )
	=	39.601	/	( (415.599	+	358.627)	/ 2 )
	=	39.601	/	387.113
	=	10.23 %

S & B Industrial Minerals'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 )
	=	23.332	/	( ( (588.621 - 141.882)	+	(631.847 - 143.328) )	/ 2 )
	=	23.332	/	( ( 446.739	+	488.519 )	/ 2 )
	=	23.332	/	467.629
	=	4.99 %

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

S & B Industrial Minerals (ATH:ARBA) 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.

S & B Industrial Minerals ROCE % Related Terms

Thank you for viewing the detailed overview of S & B Industrial Minerals's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

S & B Industrial Minerals (ATH:ARBA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » S & B Industrial Minerals SA (ATH:ARBA) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

S & B Industrial Minerals (ATH:ARBA) Headlines

No Headlines