CTGX Mining (CTGX Mining) ROCE % : -109.49% (As of Jan. 2005)

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What is CTGX 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. CTGX Mining's annualized ROCE % for the quarter that ended in Jan. 2005 was -109.49%.

CTGX Mining ROCE % Historical Data

The historical data trend for CTGX 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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CTGX Mining ROCE % Chart

CTGX Mining Annual Data

Trend

Mar03

ROCE %

CTGX Mining Quarterly Data
	Jun03	Sep03	Dec03	Mar04	Jul04	Oct04	Jan05
ROCE %	Get a 7-Day Free Trial			-	-	-271.97	-95.31	-109.49

CTGX Mining ROCE % Calculation

CTGX Mining's annualized ROCE % for the fiscal year that ended in Mar. 2003 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2003 )		(A: . 20 )		(A: Mar. 2003 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2003 )		(A: . 20 )		(A: Mar. 2003 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

CTGX Mining's ROCE % of for the quarter that ended in Jan. 2005 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jan. 2005 )		(Q: Oct. 2004 )		(Q: Jan. 2005 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jan. 2005 )		(Q: Oct. 2004 )		(Q: Jan. 2005 )
	=	-4.316	/	( ( (5.725 - 0.616)	+	(3.897 - 1.122) )	/ 2 )
	=	-4.316	/	( ( 5.109	+	2.775 )	/ 2 )
	=	-4.316	/	3.942
	=	-109.49 %

(1) Note: The EBIT data used here is four times the quarterly (Jan. 2005) EBIT data.

CTGX Mining (OTCPK:CHCX) 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.

CTGX Mining ROCE % Related Terms

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CTGX Mining (CTGX Mining) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » CTGX Mining Inc (OTCPK:CHCX) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1015 G Waterwood Parkway, Suite O-2, Edmund, OK, USA, 73034

Website

http://www.ctgxmining.com

CTGX Mining Inc is an international, environmentally sensitive, minerals and resource development company. It holds mining interests in both Mexico and Columbia focused on a large reserve of rare earth elements, gold, silver lithium and other valuable ores.

Executives

Matthew Cohen

director, officer: CEO and Chairman of the Board

1702 COSTA DEL SOL, BOCA RATON FL 33432

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