Solar Thin Films (Solar Thin Films) ROCE % : 0.00% (As of Sep. 2010)

View and export this data going back to 1994. Start your Free Trial

What is Solar Thin Films 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. Solar Thin Films's annualized ROCE % for the quarter that ended in Sep. 2010 was 0.00%.

Solar Thin Films ROCE % Historical Data

The historical data trend for Solar Thin Films'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.

* Premium members only.

Solar Thin Films ROCE % Chart

Solar Thin Films Annual Data

Trend

Jul00

Jul01

Jul02

Dec03

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

ROCE %

Get a 7-Day Free Trial

-158.88

Solar Thin Films Quarterly Data
	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10
ROCE %	Get a 7-Day Free Trial															-	-	-	-	-

Solar Thin Films ROCE % Calculation

Solar Thin Films's annualized ROCE % for the fiscal year that ended in Dec. 2009 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2009 )		(A: Dec. 2008 )		(A: Dec. 2009 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2009 )		(A: Dec. 2008 )		(A: Dec. 2009 )
	=	0.673	/	( ( (4.812 - 10.092)	+	(3.154 - 6.777) )	/ 2 )
	=	0.673	/	( (-5.28	+	-3.623)	/ 2 )
	=	0.673	/	-4.4515
	=	-15.12 %

Solar Thin Films's ROCE % of for the quarter that ended in Sep. 2010 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2010 )		(Q: Jun. 2010 )		(Q: Sep. 2010 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2010 )		(Q: Jun. 2010 )		(Q: Sep. 2010 )
	=	2.668	/	( ( (1.821 - 5.458)	+	(2.052 - 5.264) )	/ 2 )
	=	2.668	/	( ( -3.637	+	-3.212 )	/ 2 )
	=	2.668	/	-3.4245
	=	0 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2010) EBIT data.

Solar Thin Films (GREY:SLTZ) 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.

Solar Thin Films ROCE % Related Terms

Thank you for viewing the detailed overview of Solar Thin Films's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Solar Thin Films (Solar Thin Films) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Solar Thin Films Inc (GREY:SLTZ) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1140 RXR Plaza Uniondale, New York, NY, USA, 11556

Website

http://www.solarthinfilmsgroup.com

Solar Thin Films Inc offers solar panels that are made in America. The company also provides fiberglass reinforced plastics used to make shipping containers as well as temporary and permanent houses.

Solar Thin Films (Solar Thin Films) Headlines

No Headlines