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Vulcan International (Vulcan International) ROCE % : -2.79% (As of Jun. 2005)


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What is Vulcan 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. Vulcan International's annualized ROCE % for the quarter that ended in Jun. 2005 was -2.79%.


Vulcan International ROCE % Historical Data

The historical data trend for Vulcan 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.

* Premium members only.

Vulcan International ROCE % Chart

Vulcan International Annual Data
Trend Dec95 Dec96 Dec97 Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.72 -0.79 2.05 0.93 1.23

Vulcan International Quarterly Data
Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.48 2.41 -0.65 0.29 -2.79

Vulcan International ROCE % Calculation

Vulcan International's annualized ROCE % for the fiscal year that ended in Dec. 2004 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2004 )  (A: Dec. 2003 )(A: Dec. 2004 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2004 )  (A: Dec. 2003 )(A: Dec. 2004 )
=0.929/( ( (85.54 - 16.222) + (86.781 - 4.614) )/ 2 )
=0.929/( (69.318+82.167)/ 2 )
=0.929/75.7425
=1.23 %

Vulcan International's ROCE % of for the quarter that ended in Jun. 2005 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jun. 2005 )  (Q: Mar. 2005 )(Q: Jun. 2005 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jun. 2005 )  (Q: Mar. 2005 )(Q: Jun. 2005 )
=-2.152/( ( (83.824 - 7.607) + (85.743 - 7.421) )/ 2 )
=-2.152/( ( 76.217 + 78.322 )/ 2 )
=-2.152/77.2695
=-2.79 %

(1) Note: The EBIT data used here is four times the quarterly (Jun. 2005) EBIT data.

* 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.


Vulcan International  (OTCPK:VULC) 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.


Vulcan International ROCE % Related Terms

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Vulcan International (Vulcan International) Business Description

Traded in Other Exchanges
N/A
Address
1151 College Street, Suite 1704, Clarksville, TN, USA, 37040
Vulcan International Corp is a United States based company engaged in the manufacturing of rubber and foam products. Its products include custom mixed rubber, polyethylene foams, expanded rubber sheets, firm sheets, among other products.

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