PLNTQ (Proliance International) ROCE % : -86.95% (As of Mar. 2009)

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What is Proliance International 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. Proliance International's annualized ROCE % for the quarter that ended in Mar. 2009 was -86.95%.

Proliance International ROCE % Historical Data

The historical data trend for Proliance International'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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Proliance International ROCE % Chart

Proliance International Annual Data

Trend

Dec99

Dec00

Dec01

Dec02

Dec03

Dec04

Dec05

Dec06

Dec07

Dec08

ROCE %

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7.02

-22.44

-2.18

4.94

21.45

Proliance International Quarterly Data
	Jun04	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09
ROCE %	Get a 7-Day Free Trial															-10.34	36.24	49.80	8.36	-86.95

Proliance International ROCE % Calculation

Proliance International's annualized ROCE % for the fiscal year that ended in Dec. 2008 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2008 )		(A: Dec. 2007 )		(A: Dec. 2008 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2008 )		(A: Dec. 2007 )		(A: Dec. 2008 )
	=	13.784	/	( ( (208.893 - 140.303)	+	(187.205 - 127.294) )	/ 2 )
	=	13.784	/	( (68.59	+	59.911)	/ 2 )
	=	13.784	/	64.2505
	=	21.45 %

Proliance International's ROCE % of for the quarter that ended in Mar. 2009 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2009 )		(Q: Dec. 2008 )		(Q: Mar. 2009 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2009 )		(Q: Dec. 2008 )		(Q: Mar. 2009 )
	=	-45.428	/	( ( (187.205 - 127.294)	+	(160.307 - 115.72) )	/ 2 )
	=	-45.428	/	( ( 59.911	+	44.587 )	/ 2 )
	=	-45.428	/	52.249
	=	-86.95 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2009) EBIT data.

Proliance International (OTCPK:PLNTQ) 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.

Proliance International ROCE % Related Terms

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Proliance International Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Proliance International Inc (OTCPK:PLNTQ) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

100 Gando Drive, New Haven, CT, USA, 06513

Website

http://www.transpro.com

Proliance International Inc designs, manufactures and markets heat exchange products and temperature control parts for the automotive and light truck aftermarket.

Executives

Arlen F Henock	officer: Exec VP and CFO
Paul R Lederer	director	233 S PATTERSON, SPRINGFIELD MO 65802
Abraham William J Jr	director	FOLEY & LARDNER, 777 EAST WISCONSIN AVENUE, MILWAUKEE WI 63202
Vincent L Martin	director
James R Rulseh	director	5001 N SECOND STREET, ROCKFORD IL 61111
Bradley C Richardson	director
Sharon M Oster	director	C/O WELLTOWER INC., 4500 DORR STREET, TOLEDO OH 43615
Michael T Yonker	director	5001 NORTH SECOND STREET, ROCKFORD IL 61111
Philip W Colburn	director	11611 SAN VICENTE BLVD, SUITE 505, LOS ANGELES CA 90049

Proliance International Headlines

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