Erickson (Erickson) ROCE % : -8.11% (As of Jun. 2016)

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What is Erickson 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. Erickson's annualized ROCE % for the quarter that ended in Jun. 2016 was -8.11%.

Erickson ROCE % Historical Data

The historical data trend for Erickson'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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Erickson ROCE % Chart

Erickson Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

ROCE %

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10.10

18.74

11.64

6.67

1.69

Erickson Quarterly Data
	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16
ROCE %	Get a 7-Day Free Trial															0.10	17.21	-5.12	-9.46	-8.11

Erickson ROCE % Calculation

Erickson's annualized ROCE % for the fiscal year that ended in Dec. 2015 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2015 )		(A: Dec. 2014 )		(A: Dec. 2015 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2015 )		(A: Dec. 2014 )		(A: Dec. 2015 )
	=	10.26	/	( ( (693.22 - 41.631)	+	(601.653 - 39.693) )	/ 2 )
	=	10.26	/	( (651.589	+	561.96)	/ 2 )
	=	10.26	/	606.7745
	=	1.69 %

Erickson's ROCE % of for the quarter that ended in Jun. 2016 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2016 )		(Q: Mar. 2016 )		(Q: Jun. 2016 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2016 )		(Q: Mar. 2016 )		(Q: Jun. 2016 )
	=	-43.344	/	( ( (592.409 - 47.756)	+	(583.779 - 59.006) )	/ 2 )
	=	-43.344	/	( ( 544.653	+	524.773 )	/ 2 )
	=	-43.344	/	534.713
	=	-8.11 %

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

Erickson (OTCPK:EKSN) 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.

Erickson ROCE % Related Terms

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Erickson (Erickson) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Erickson Inc (OTCPK:EKSN) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

5550 South West Macadam Avenue, Suite 200, Portland, OR, USA, 97239

Website

http://www.ericksonaviation.com

Erickson Inc owns and operates a diverse fleet of aircraft. The company offers support and maintenance, repair, remanufacture and related overhaul services to Aircrane and other aircrafts. In addition, the company leases aircrafts for specific missions. Geographically the activities are carried out through the region of United States.