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International Power Group (International Power Group) ROCE % : 0.00% (As of Sep. 2008)


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What is International Power Group 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. International Power Group's annualized ROCE % for the quarter that ended in Sep. 2008 was 0.00%.


International Power Group ROCE % Historical Data

The historical data trend for International Power Group'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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International Power Group ROCE % Chart

International Power Group Annual Data
Trend Dec04 Dec05 Dec06 Dec07
ROCE %
-165.22 -678.71 -805.40 -721.92

International Power Group Quarterly Data
Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08
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 -791.01 - - - -

International Power Group ROCE % Calculation

International Power Group's annualized ROCE % for the fiscal year that ended in Dec. 2007 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2007 )  (A: Dec. 2006 )(A: Dec. 2007 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2007 )  (A: Dec. 2006 )(A: Dec. 2007 )
=-6.851/( ( (4.389 - 2.143) + (2.363 - 2.711) )/ 2 )
=-6.851/( (2.246+-0.348)/ 2 )
=-6.851/0.949
=-721.92 %

International Power Group's ROCE % of for the quarter that ended in Sep. 2008 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Sep. 2008 )  (Q: Jun. 2008 )(Q: Sep. 2008 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2008 )  (Q: Jun. 2008 )(Q: Sep. 2008 )
=-5.772/( ( (2.443 - 3.312) + (2.058 - 3.029) )/ 2 )
=-5.772/( ( -0.869 + -0.971 )/ 2 )
=-5.772/-0.92
=0 %

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


International Power Group  (GREY:IPWG) 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.


International Power Group ROCE % Related Terms

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International Power Group (International Power Group) Business Description

Traded in Other Exchanges
N/A
Address
1420 Celebration Bouelvard, Suite 313, Celebration, FL, USA, 34747
International Power Group Ltd is a waste to energy company operating a proprietary technology that not only handles waste management in a more environmentally friendly manner, but also converts the energy generated from the process into meaningful amounts of cost effective electricity.
Executives
John Edward Mack officer: Chief Financial Officer P.O.BOX 1575, BRECKENRIDGE CO 80424

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