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Zoro Mining (Zoro Mining) ROCE % : 0.00% (As of Apr. 2012)


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What is Zoro 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. Zoro Mining's annualized ROCE % for the quarter that ended in Apr. 2012 was 0.00%.


Zoro Mining ROCE % Historical Data

The historical data trend for Zoro 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.

* Premium members only.

Zoro Mining ROCE % Chart

Zoro Mining Annual Data
Trend Apr04 Apr05 Apr06 Apr07 Apr08 Apr09 Apr10 Apr11 Apr12
ROCE %
Get a 7-Day Free Trial Premium Member Only -178.15 - - - -

Zoro Mining Semi-Annual Data
Apr04 Apr05 Apr06 Apr07 Apr08 Apr09 Apr10 Apr11 Apr12
ROCE % Get a 7-Day Free Trial Premium Member Only -178.15 - - - -

Zoro Mining ROCE % Calculation

Zoro Mining's annualized ROCE % for the fiscal year that ended in Apr. 2012 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Apr. 2012 )  (A: Apr. 2011 )(A: Apr. 2012 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Apr. 2012 )  (A: Apr. 2011 )(A: Apr. 2012 )
=-4.022/( ( (0.171 - 1.941) + (0.016 - 2.727) )/ 2 )
=-4.022/( (-1.77+-2.711)/ 2 )
=-4.022/-2.2405
=179.51 %

Zoro Mining's ROCE % of for the quarter that ended in Apr. 2012 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Apr. 2012 )  (Q: Apr. 2011 )(Q: Apr. 2012 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Apr. 2012 )  (Q: Apr. 2011 )(Q: Apr. 2012 )
=-4.022/( ( (0.171 - 1.941) + (0.016 - 2.727) )/ 2 )
=-4.022/( ( -1.77 + -2.711 )/ 2 )
=-4.022/-2.2405
=0 %

(1) Note: The EBIT data used here is one times the annual (Apr. 2012) 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.


Zoro Mining  (OTCPK:ZORM) 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.


Zoro Mining ROCE % Related Terms

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Zoro Mining (Zoro Mining) Business Description

Traded in Other Exchanges
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Website
Zoro Mining Corp was incorporated under the laws of the State of Nevada on April 20, 2004 under the name 'Rockdale Mining Corp'. Effective March 19, 2007, it merged with a wholly-owned subsidiary, Zoro Mining Corp., pursuant to Articles of merger filed with the Nevada Secretary of State. The merger was in the form of a parent/subsidiary merger with Rochdale Mining Corp. as the surviving corporation. Upon completion of the merger, its corporate name was changed to 'Zoro Mining Corp.' and its Articles of Incorporation were amended to reflect this name change. It is a natural resource exploration company currently engaged in the exploration, acquisition and development of property located in South America and Mexico. It plans to conduct exploration programs on its properties with the objective of ascertaining whether any of its properties contain economic concentrations of minerals that are prospective for mining. The Company currently has interests in an aggregate of approximately 27,294 net acres located in Chile, approximately 4,940 net acres in Peru, and a further 6,822 gross acres located in Mexico, targeting gold, copper and platinum. It operates in a highly competitive industry, competing with other mining and exploration mineral companies, and institutional and individual investors, which are actively seeking metal and mineral based exploration properties throughout the world together with the equipment, labor and materials required to exploit such properties. The Company's mineral exploration activities are, or would be, subject to extensive foreign laws and regulations governing prospecting, development, production, exports, taxes, labor standards, occupational health, waste disposal, protection and remediation of the environment, protection of endangered and protected species, mine safety, toxic substances and other matters.
Executives
Andrew A Brodkey other: No longer Section 16 4960 N. CAMINO ANTONIO, TUSCON AZ 85718
David Hackman director, officer: VP of Exploration 3040 NORTH CAMPBELL AVE., SUITE 110, TUCSON AZ 85719
Frank Garcia officer: Chief Financial Officer 3040 N. CAMPBELL AVE. SUITE #110, TUCSON AZ 85719
Jodi Henderson officer: Corporate Secretary 7033 EAST CALLE BETELGEUX, TUCSON AZ 85710

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