Dominion Resources Black Warrior Trust (Dominion Resources Black Warrior Trust) ROCE % : -49.41% (As of Sep. 2015)

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What is Dominion Resources Black Warrior Trust 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. Dominion Resources Black Warrior Trust's annualized ROCE % for the quarter that ended in Sep. 2015 was -49.41%.

Dominion Resources Black Warrior Trust ROCE % Historical Data

The historical data trend for Dominion Resources Black Warrior Trust'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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Dominion Resources Black Warrior Trust ROCE % Chart

Dominion Resources Black Warrior Trust Annual Data

Trend

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

ROCE %

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51.03

48.14

34.06

53.96

70.07

Dominion Resources Black Warrior Trust Quarterly Data
	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15
ROCE %	Get a 7-Day Free Trial															81.51	73.58	71.54	39.30	-49.41

Dominion Resources Black Warrior Trust ROCE % Calculation

Dominion Resources Black Warrior Trust's annualized ROCE % for the fiscal year that ended in Dec. 2014 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2014 )		(A: Dec. 2013 )		(A: Dec. 2014 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2014 )		(A: Dec. 2013 )		(A: Dec. 2014 )
	=	5.846	/	( ( (9.059 - 0.139)	+	(7.927 - 0.161) )	/ 2 )
	=	5.846	/	( (8.92	+	7.766)	/ 2 )
	=	5.846	/	8.343
	=	70.07 %

Dominion Resources Black Warrior Trust's ROCE % of for the quarter that ended in Sep. 2015 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2015 )		(Q: Jun. 2015 )		(Q: Sep. 2015 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2015 )		(Q: Jun. 2015 )		(Q: Sep. 2015 )
	=	-2.56	/	( ( (7.267 - 0.134)	+	(3.928 - 0.699) )	/ 2 )
	=	-2.56	/	( ( 7.133	+	3.229 )	/ 2 )
	=	-2.56	/	5.181
	=	-49.41 %

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

Dominion Resources Black Warrior Trust (OTCPK:DOMR) 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.

Dominion Resources Black Warrior Trust ROCE % Related Terms

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Dominion Resources Black Warrior Trust (Dominion Resources Black Warrior Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Dominion Resources Black Warrior Trust (OTCPK:DOMR) » Definitions » ROCE %

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Traded in Other Exchanges

N/A

Address

2911 Turtle Creek Boulevard, P.O. Box 962020, Dallas, TX, USA, 75219

Website

http://www.dom-dominion.com

Dominion Resources Black Warrior Trust is a grantor trust, which acquires and holds certain overriding royalty interests burdening proved natural gas properties located in the Pottsville coal formation of the Black Warrior Basin, Tuscaloosa County, Alabama.

Dominion Resources Black Warrior Trust (Dominion Resources Black Warrior Trust) Headlines

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