Cotton & Western Mining (Cotton & Western Mining) ROCE % : 0.00% (As of . 20)

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

What is Cotton & Western 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. Cotton & Western Mining's annualized ROCE % for the quarter that ended in . 20 was 0.00%.

Cotton & Western Mining ROCE % Historical Data

The historical data trend for Cotton & Western 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.

* Premium members only.

Cotton & Western Mining ROCE % Chart

Cotton & Western Mining Annual Data

Trend

ROCE %

Cotton & Western Mining Quarterly Data

ROCE %

Cotton & Western Mining ROCE % Calculation

Cotton & Western Mining's annualized ROCE % for the fiscal year that ended in . 20 is calculated as:

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

Cotton & Western Mining's ROCE % of for the quarter that ended in . 20 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: . 20 )		(Q: . 20 )		(Q: . 20 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: . 20 )		(Q: . 20 )		(Q: . 20 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

(1) Note: The EBIT data used here is four times the quarterly (. 20) EBIT data.

Cotton & Western Mining (GREY:CWRN) 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.

Cotton & Western Mining ROCE % Related Terms

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

Cotton & Western Mining (Cotton & Western Mining) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Cotton & Western Mining Inc (GREY:CWRN) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

6942 FM 1960 East, Suite 518, Humble, TX, USA, 77346-2706

Website

Cotton & Western Mining Inc is engaged in mining and export sales of iron.

Cotton & Western Mining (Cotton & Western Mining) Headlines

No Headlines