Potash America (Potash America) ROCE % : 0.00% (As of Dec. 2013)

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What is Potash America 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. Potash America's annualized ROCE % for the quarter that ended in Dec. 2013 was 0.00%.

Potash America ROCE % Historical Data

The historical data trend for Potash America'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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Potash America ROCE % Chart

Potash America Annual Data

Trend

Mar08

Mar09

Mar10

Mar11

Mar12

Mar13

ROCE %

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-292.86

Potash America Quarterly Data
	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13
ROCE %	Get a 7-Day Free Trial															-	-	-	-	-

Potash America ROCE % Calculation

Potash America's annualized ROCE % for the fiscal year that ended in Mar. 2013 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2013 )		(A: Mar. 2012 )		(A: Mar. 2013 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2013 )		(A: Mar. 2012 )		(A: Mar. 2013 )
	=	-1.796	/	( ( (0.659 - 1.165)	+	(0.005 - 1.72) )	/ 2 )
	=	-1.796	/	( (-0.506	+	-1.715)	/ 2 )
	=	-1.796	/	-1.1105
	=	161.73 %

Potash America's ROCE % of for the quarter that ended in Dec. 2013 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2013 )		(Q: Sep. 2013 )		(Q: Dec. 2013 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2013 )		(Q: Sep. 2013 )		(Q: Dec. 2013 )
	=	-4.436	/	( ( (0.004 - 1.763)	+	(0 - 1.781) )	/ 2 )
	=	-4.436	/	( ( -1.759	+	-1.781 )	/ 2 )
	=	-4.436	/	-1.77
	=	0 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2013) EBIT data.

Potash America (OTCPK:PTAM) 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.

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Potash America (Potash America) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Potash America Inc (OTCPK:PTAM) » Definitions » ROCE %

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Address

501 Las Olas Boulevard, Suite 247, Fort Lauderdale, FL, USA, 33301

Website

https://www.potashamerica.net

Potash America Inc focuses on industries such as renewable energy, commercial agriculture, green energy technology, health and wellness, cannabis/hemp development, and environmentally responsible mining and exploration.

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