American Cordillera Mining (American Cordillera Mining) ROCE % : 0.00% (As of May. 2015)

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What is American Cordillera Mining 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. American Cordillera Mining's annualized ROCE % for the quarter that ended in May. 2015 was 0.00%.

American Cordillera Mining ROCE % Historical Data

The historical data trend for American Cordillera Mining'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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American Cordillera Mining ROCE % Chart

American Cordillera Mining Annual Data

Trend

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Nov13

Nov14

ROCE %

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-2,086.13

-36.43

-301.77

American Cordillera Mining Quarterly Data
	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	May13	Aug13	Nov13	Feb14	May14	Aug14	Nov14	Feb15	May15
ROCE %	Get a 7-Day Free Trial															-	-20.48	-1,354.36	-	-

American Cordillera Mining ROCE % Calculation

American Cordillera Mining's annualized ROCE % for the fiscal year that ended in Nov. 2014 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Nov. 2014 )		(A: Nov. 2013 )		(A: Nov. 2014 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Nov. 2014 )		(A: Nov. 2013 )		(A: Nov. 2014 )
	=	-0.427	/	( ( (0.482 - 0.118)	+	(0.071 - 0.152) )	/ 2 )
	=	-0.427	/	( (0.364	+	-0.081)	/ 2 )
	=	-0.427	/	0.1415
	=	-301.77 %

American Cordillera Mining'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 )
	=	0.06	/	( ( (0.072 - 0.156)	+	(0.055 - 0.128) )	/ 2 )
	=	0.06	/	( ( -0.084	+	-0.073 )	/ 2 )
	=	0.06	/	-0.0785
	=	0 %

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

American Cordillera Mining (OTCPK:AUAG) 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.

American Cordillera Mining ROCE % Related Terms

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American Cordillera Mining (American Cordillera Mining) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » American Cordillera Mining Corp (OTCPK:AUAG) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

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Address

Website

http://amcormining.com

American Cordillera Mining Corp was incorporated on July 23, 1996 under the laws of the State of Nevada. The company acquires, import, market, and sell valuable antiquity and art items of Asian origin. These items include things like furniture, works of art, antiques, glass works, porcelain, statues, pottery, sculptures and other collectibles and collector items that have their origin in the Far East. They acquire pieces through a number of reputable agents and wholesale distribution sources in Hong Kong and the People's Republic of China.

Executives

Wah On Wong

director, officer: Secretary

ROOM 2204 22F WEST TOWER SHUN TAK CENTER, 200 CONNAUGHT ROAD CENTRAL, SHEUNG WAN K3 -

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