Colossus Minerals (Colossus Minerals) ROCE % : -35.87% (As of Dec. 2013)

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What is Colossus 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. Colossus Minerals's annualized ROCE % for the quarter that ended in Dec. 2013 was -35.87%.

Colossus Minerals ROCE % Historical Data

The historical data trend for Colossus 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.

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Colossus Minerals ROCE % Chart

Colossus Minerals Annual Data

Trend

Jul07

Jul08

Jul09

Jul10

Dec11

Dec12

Dec13

ROCE %

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-7.72

-9.39

-16.76

-13.54

-23.97

Colossus Minerals Quarterly Data
	Jan09	Apr09	Jul09	Oct09	Jan10	Apr10	Jul10	Oct10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13
ROCE %	Get a 7-Day Free Trial															-10.96	0.17	-8.93	-6.27	-35.87

Colossus Minerals ROCE % Calculation

Colossus Minerals's annualized ROCE % for the fiscal year that ended in Dec. 2013 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2013 )		(A: Dec. 2012 )		(A: Dec. 2013 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2013 )		(A: Dec. 2012 )		(A: Dec. 2013 )
	=	-27.85	/	( ( (279.642 - 14.148)	+	(3.373 - 36.464) )	/ 2 )
	=	-27.85	/	( (265.494	+	-33.091)	/ 2 )
	=	-27.85	/	116.2015
	=	-23.97 %

Colossus Minerals's ROCE % of for the quarter that ended in Dec. 2013 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2013 )		(Q: Sep. 2013 )		(Q: Dec. 2013 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2013 )		(Q: Sep. 2013 )		(Q: Dec. 2013 )
	=	-47.864	/	( ( (324.244 - 24.294)	+	(3.373 - 36.464) )	/ 2 )
	=	-47.864	/	( ( 299.95	+	-33.091 )	/ 2 )
	=	-47.864	/	133.4295
	=	-35.87 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2013) EBIT data.

Colossus Minerals (OTCPK:COLUF) 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.

Colossus Minerals ROCE % Related Terms

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Colossus Minerals (Colossus Minerals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Colossus Minerals Inc (OTCPK:COLUF) » Definitions » ROCE %

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Address

100 King Street West, Suite 5600, Toronto, ON, CAN, M5X 1C9

Website

http://www.colossusminerals.ca

Colossus Minerals Inc is a Canada-based exploration stage company. Principally, it is engaged in the acquisition, exploration, and development of mineral properties. The company's project includes Serra Pelada which is situated in the mineral prolific Carajas region near the towns of Curionopolis and Parauapebas, Para state, northern Brazil.

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