Transtech Industries (Transtech Industries) ROCE % : -19.11% (As of Dec. 2009)

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What is Transtech Industries 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. Transtech Industries's annualized ROCE % for the quarter that ended in Dec. 2009 was -19.11%.

Transtech Industries ROCE % Historical Data

The historical data trend for Transtech Industries'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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Transtech Industries ROCE % Chart

Transtech Industries Annual Data

Trend

Dec00

Dec01

Dec02

Dec03

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

ROCE %

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-11.90

-1.38

-14.93

-10.88

-12.32

Transtech Industries Quarterly Data
	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09
ROCE %	Get a 7-Day Free Trial															6.27	-16.30	-3.81	-11.31	-19.11

Transtech Industries ROCE % Calculation

Transtech Industries'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 )
	=	-1.291	/	( ( (13.205 - 1.833)	+	(11.215 - 1.625) )	/ 2 )
	=	-1.291	/	( (11.372	+	9.59)	/ 2 )
	=	-1.291	/	10.481
	=	-12.32 %

Transtech Industries's ROCE % of for the quarter that ended in Dec. 2009 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2009 )		(Q: Sep. 2009 )		(Q: Dec. 2009 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2009 )		(Q: Sep. 2009 )		(Q: Dec. 2009 )
	=	-1.848	/	( ( (11.625 - 1.872)	+	(11.215 - 1.625) )	/ 2 )
	=	-1.848	/	( ( 9.753	+	9.59 )	/ 2 )
	=	-1.848	/	9.6715
	=	-19.11 %

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

Transtech Industries (OTCPK:TRTI) 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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Transtech Industries (Transtech Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Transtech Industries Inc (OTCPK:TRTI) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

2025 Delsea Drive, Sewell, NJ, USA, 08080

Website

http://www.transtechindustries.com

Transtech Industries Inc, through its subsidiaries, supervises and performs landfill monitoring, closure and post-closure procedures, manages methane gas recovery operations and generates electric power utilizing methane gas.

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