Axion Power International (Axion Power International) ROCE % : 0.00% (As of Dec. 2016)

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What is Axion Power International 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. Axion Power International's annualized ROCE % for the quarter that ended in Dec. 2016 was 0.00%.

Axion Power International ROCE % Historical Data

The historical data trend for Axion Power International'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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Axion Power International ROCE % Chart

Axion Power International Annual Data

Trend

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

ROCE %

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-66.82

-52.08

-195.71

-158.41

Axion Power International Quarterly Data
	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16
ROCE %	Get a 7-Day Free Trial															-236.31	-1,004.70	-	-	-

Axion Power International ROCE % Calculation

Axion Power International's annualized ROCE % for the fiscal year that ended in Dec. 2016 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2016 )		(A: Dec. 2015 )		(A: Dec. 2016 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2016 )		(A: Dec. 2015 )		(A: Dec. 2016 )
	=	-6.469	/	( ( (10.599 - 8.767)	+	(0.578 - 8.143) )	/ 2 )
	=	-6.469	/	( (1.832	+	-7.565)	/ 2 )
	=	-6.469	/	-2.8665
	=	225.68 %

Axion Power International's ROCE % of for the quarter that ended in Dec. 2016 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2016 )		(Q: Sep. 2016 )		(Q: Dec. 2016 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2016 )		(Q: Sep. 2016 )		(Q: Dec. 2016 )
	=	-8.732	/	( ( (2.909 - 5.073)	+	(0.578 - 8.143) )	/ 2 )
	=	-8.732	/	( ( -2.164	+	-7.565 )	/ 2 )
	=	-8.732	/	-4.8645
	=	0 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2016) EBIT data.

Axion Power International (OTCPK:AXPWQ) 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.

Axion Power International ROCE % Related Terms

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Axion Power International (Axion Power International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Axion Power International Inc (OTCPK:AXPWQ) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

3601 Clover Lane, New Castle, PA, USA, 16105

Website

http://www.axionpower.com

Axion Power International Inc is an innovative energy solutions company that pioneered the development of carbon/ lead batteries. It develops, designs, manufactures and sells energy storage components and devices based on its patented PbC technology. Further, it sells batteries, energy storage systems, and engineering services as part of product offerings, and it assists battery end users to adapt batteries to applications where a wide voltage window, fast recharge and long life benefits are required. The business activities of the group are geographically functioned through the region of United States.

Executives

David Gelbaum	10 percent owner	2309 SANTIAGO DRIVE, NEWPORT BEACH CA 92660
Monica Chavez Gelbaum	10 percent owner	2309 SANTIAGO DRIVE, NEWPORT BEACH CA 92660
Quercus Trust	10 percent owner	2309 SANTIAGO DRIVE, NEWPORT BEACH CA 92660
Marxe Austin W & Greenhouse David M	10 percent owner	C/O SPECIAL SITUATIONS FUNDS, 527 MADISON AVENUE, SUITE 2600, NEW YORK NY 10022
Stanley A Hirschman	director
David Anthony	director	200 LUDLOW DRIVE, EWING NJ 08638

Axion Power International (Axion Power International) Headlines

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