Mountain Top Properties (Mountain Top Properties) ROCE % : -960.00% (As of Mar. 2024)

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What is Mountain Top Properties 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. Mountain Top Properties's annualized ROCE % for the quarter that ended in Mar. 2024 was -960.00%.

Mountain Top Properties ROCE % Historical Data

The historical data trend for Mountain Top Properties'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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Mountain Top Properties ROCE % Chart

Mountain Top Properties Annual Data

Trend

Dec22

Dec23

ROCE %

Mountain Top Properties Quarterly Data
	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial				-	-	-	-	-960.00

Mountain Top Properties ROCE % Calculation

Mountain Top Properties's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	-0.562	/	( ( (0.001 - 0.054)	+	(0.157 - 0.13) )	/ 2 )
	=	-0.562	/	( (-0.053	+	0.027)	/ 2 )
	=	-0.562	/	-0.013
	=	4,323.08 %

Mountain Top Properties's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	-0.096	/	( ( (0.157 - 0.13)	+	(0.144 - 0.151) )	/ 2 )
	=	-0.096	/	( ( 0.027	+	-0.007 )	/ 2 )
	=	-0.096	/	0.01
	=	-960.00 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

Mountain Top Properties (OTCPK:MTPP) 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.

Mountain Top Properties ROCE % Related Terms

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Mountain Top Properties (Mountain Top Properties) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Mountain Top Properties Inc (OTCPK:MTPP) » Definitions » ROCE %

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Traded in Other Exchanges

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Address

7505 Floyd Ct, Weatherford, TX, USA, 76087

Website

Mountain Top Properties Inc is a diversified holding company that acquires, sells, and operates distressed assets through its wholly-owned subsidiaries and partnerships. The company specializes in property management, REO foreclosure and real estate redevelopment.

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