Santo Mining (Santo Mining) ROCE % : 0.00% (As of Jul. 2015)

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What is Santo Mining 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. Santo Mining's annualized ROCE % for the quarter that ended in Jul. 2015 was 0.00%.

Santo Mining ROCE % Historical Data

The historical data trend for Santo Mining'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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Santo Mining ROCE % Chart

Santo Mining Annual Data

Trend

Jul10

Jul11

Jul12

Jul13

Jul14

ROCE %

-5.56

-4,666.67

Santo Mining Semi-Annual Data
	Jul10	Jul11	Jul12	Jul13	Jul14	Jul15
ROCE %	Get a 7-Day Free Trial			-4,666.67	-	-	-	-

Santo Mining ROCE % Calculation

Santo Mining's annualized ROCE % for the fiscal year that ended in Jul. 2014 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jul. 2014 )		(A: Jul. 2013 )		(A: Jul. 2014 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jul. 2014 )		(A: Jul. 2013 )		(A: Jul. 2014 )
	=	-1.006	/	( ( (0.427 - 0.853)	+	(0.189 - 1.141) )	/ 2 )
	=	-1.006	/	( (-0.426	+	-0.952)	/ 2 )
	=	-1.006	/	-0.689
	=	146.01 %

Santo Mining's ROCE % of for the quarter that ended in Jul. 2015 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jul. 2015 )		(Q: Jul. 2014 )		(Q: Jul. 2015 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jul. 2015 )		(Q: Jul. 2014 )		(Q: Jul. 2015 )
	=	-0.189	/	( ( (0.189 - 1.141)	+	(0 - 0.752) )	/ 2 )
	=	-0.189	/	( ( -0.952	+	-0.752 )	/ 2 )
	=	-0.189	/	-0.852
	=	0 %

(1) Note: The EBIT data used here is one times the annual (Jul. 2015) EBIT data.

Santo Mining (OTCPK:SANP) 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.

Santo Mining ROCE % Related Terms

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Santo Mining (Santo Mining) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Santo Mining Corp (OTCPK:SANP) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

848 Biscayne Boulevard, PH5, Miami, FL, USA, 33133

Website

https://www.santoblockchain.com

Santo Mining Corp is a Wyoming corporation and its wholly owned subsidiaries is a vertically integrated blockchain and cryptocurrency company that manages, operates, and develops end-to-end "BaaS" Blockchain-as-a-Service, similar to software-as-a-service, blockchain as a service lets businesses get applications up and running with minimal hassle.