GPTC (Golden Patriot) ROCE % : 0.00% (As of Jan. 2008)

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What is Golden Patriot 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. Golden Patriot's annualized ROCE % for the quarter that ended in Jan. 2008 was 0.00%.

Golden Patriot ROCE % Historical Data

The historical data trend for Golden Patriot'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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Golden Patriot ROCE % Chart

Golden Patriot Annual Data

Trend

Apr02

Apr03

Apr04

Apr05

Apr06

Apr07

ROCE %

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-1,868.25

Golden Patriot Quarterly Data
	Apr03	Jul03	Oct03	Jan04	Apr04	Jul04	Oct04	Jan05	Apr05	Jul05	Oct05	Jan06	Apr06	Jul06	Oct06	Jan07	Apr07	Jul07	Oct07	Jan08
ROCE %	Get a 7-Day Free Trial															-240.47	-688.70	-	-	-

Golden Patriot ROCE % Calculation

Golden Patriot's annualized ROCE % for the fiscal year that ended in Apr. 2007 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Apr. 2007 )		(A: Apr. 2006 )		(A: Apr. 2007 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Apr. 2007 )		(A: Apr. 2006 )		(A: Apr. 2007 )
	=	-1.177	/	( ( (0.335 - 0.317)	+	(0.225 - 0.117) )	/ 2 )
	=	-1.177	/	( (0.018	+	0.108)	/ 2 )
	=	-1.177	/	0.063
	=	-1,868.25 %

Golden Patriot's ROCE % of for the quarter that ended in Jan. 2008 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jan. 2008 )		(Q: Oct. 2007 )		(Q: Jan. 2008 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jan. 2008 )		(Q: Oct. 2007 )		(Q: Jan. 2008 )
	=	-0.472	/	( ( (0.101 - 1.233)	+	(0.144 - 0.25) )	/ 2 )
	=	-0.472	/	( ( -1.132	+	-0.106 )	/ 2 )
	=	-0.472	/	-0.619
	=	0 %

(1) Note: The EBIT data used here is four times the quarterly (Jan. 2008) EBIT data.

Golden Patriot (OTCPK:GPTC) 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.

Golden Patriot ROCE % Related Terms

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Golden Patriot Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Golden Patriot Corp (OTCPK:GPTC) » Definitions » ROCE %

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N/A

Address

8 Bond Street, Suite 124, Great Neck, NY, USA, 11021

Website

http://www.goldenpatriotcorp.com

Golden Patriot Corp is engaged in the exploration of its Lucky Boy uranium property in Arizona.

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