Global Cobalt (FRA:3P0) ROCE % : 0.00% (As of Jan. 2016)

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What is Global Cobalt 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. Global Cobalt's annualized ROCE % for the quarter that ended in Jan. 2016 was 0.00%.

Global Cobalt ROCE % Historical Data

The historical data trend for Global Cobalt'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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Global Cobalt ROCE % Chart

Global Cobalt Annual Data

Trend

Apr07

Apr08

Apr09

Apr10

Apr11

Apr12

Apr13

Apr14

Apr15

ROCE %

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-42.62

-28.55

-113.04

-92.33

-46.91

Global Cobalt Quarterly Data
	Apr11	Jul11	Oct11	Jan12	Apr12	Jul12	Oct12	Jan13	Apr13	Jul13	Oct13	Jan14	Apr14	Jul14	Oct14	Jan15	Apr15	Jul15	Oct15	Jan16
ROCE %	Get a 7-Day Free Trial															-14.04	-66.40	-189.22	-202.99	-

Global Cobalt ROCE % Calculation

Global Cobalt's annualized ROCE % for the fiscal year that ended in Apr. 2015 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Apr. 2015 )		(A: Apr. 2014 )		(A: Apr. 2015 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Apr. 2015 )		(A: Apr. 2014 )		(A: Apr. 2015 )
	=	-1.01	/	( ( (5.033 - 1.261)	+	(5.86 - 5.326) )	/ 2 )
	=	-1.01	/	( (3.772	+	0.534)	/ 2 )
	=	-1.01	/	2.153
	=	-46.91 %

Global Cobalt's ROCE % of for the quarter that ended in Jan. 2016 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jan. 2016 )		(Q: Oct. 2015 )		(Q: Jan. 2016 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jan. 2016 )		(Q: Oct. 2015 )		(Q: Jan. 2016 )
	=	-0.012	/	( ( (5.314 - 5.112)	+	(2.959 - 3.844) )	/ 2 )
	=	-0.012	/	( ( 0.202	+	-0.885 )	/ 2 )
	=	-0.012	/	-0.3415
	=	0 %

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

Global Cobalt (FRA:3P0) 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.

Global Cobalt ROCE % Related Terms

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Global Cobalt (FRA:3P0) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Global Cobalt Corp (FRA:3P0) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

128 West Pender Street, Suite 1501, Vancouver, BC, CAN, V6B 1R8

Website

http://www.globalcobaltcorp.com

Global Cobalt Corp is an exploration stage company. Its projects are Altai Sister Properties, and The Iron Creek Cobalt-Copper Project.

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