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Earthworks Entertainment (Earthworks Entertainment) ROCE % : 0.00% (As of Jun. 2006)


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What is Earthworks Entertainment 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. Earthworks Entertainment's annualized ROCE % for the quarter that ended in Jun. 2006 was 0.00%.


Earthworks Entertainment ROCE % Historical Data

The historical data trend for Earthworks Entertainment'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.

Earthworks Entertainment ROCE % Chart

Earthworks Entertainment Annual Data
Trend Sep96 Sep97 Sep98 Sep99 Sep00 Sep01 Sep02 Sep03 Sep04 Sep05
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -73.87 - - -1,218.26 -330.72

Earthworks Entertainment Quarterly Data
Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -61.24 -198.87 -1,632.16 - -

Earthworks Entertainment ROCE % Calculation

Earthworks Entertainment's annualized ROCE % for the fiscal year that ended in Sep. 2005 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Sep. 2005 )  (A: Sep. 2004 )(A: Sep. 2005 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Sep. 2005 )  (A: Sep. 2004 )(A: Sep. 2005 )
=-1.69/( ( (2.164 - 1.439) + (1.934 - 1.637) )/ 2 )
=-1.69/( (0.725+0.297)/ 2 )
=-1.69/0.511
=-330.72 %

Earthworks Entertainment's ROCE % of for the quarter that ended in Jun. 2006 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jun. 2006 )  (Q: Mar. 2006 )(Q: Jun. 2006 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jun. 2006 )  (Q: Mar. 2006 )(Q: Jun. 2006 )
=-0.988/( ( (1.794 - 2.291) + (1.777 - 2.562) )/ 2 )
=-0.988/( ( -0.497 + -0.785 )/ 2 )
=-0.988/-0.641
=0 %

(1) Note: The EBIT data used here is four times the quarterly (Jun. 2006) EBIT data.

* 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.


Earthworks Entertainment  (OTCPK:EWKS) 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.


Earthworks Entertainment ROCE % Related Terms

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Earthworks Entertainment (Earthworks Entertainment) Business Description

Traded in Other Exchanges
N/A
Address
14001 North Dallas Parkway, Suite 1200, Dallas, TX, USA, 75420
Website
Earthworks Entertainment Inc is engaged in investments and acquisitions in entertainment segments including, animation, direct response marketing, radio networks and mixed martial arts social networks.

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