Aamaxan Transport Group (Aamaxan Transport Group) ROCE % : 36.33% (As of Jun. 2008)

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What is Aamaxan Transport Group 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. Aamaxan Transport Group's annualized ROCE % for the quarter that ended in Jun. 2008 was 36.33%.

Aamaxan Transport Group ROCE % Historical Data

The historical data trend for Aamaxan Transport Group'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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Aamaxan Transport Group ROCE % Chart

Aamaxan Transport Group Annual Data

Trend

Jan06

Jan07

ROCE %

Aamaxan Transport Group Quarterly Data
	Apr06	Jul06	Oct06	Jan07	Apr07	Jul07	Oct07	Jan08	Jun08
ROCE %	Get a 7-Day Free Trial				-	-	-	-0.67	36.33

Aamaxan Transport Group ROCE % Calculation

Aamaxan Transport Group's annualized ROCE % for the fiscal year that ended in Jan. 2007 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jan. 2007 )		(A: Jan. 2006 )		(A: Jan. 2007 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jan. 2007 )		(A: Jan. 2006 )		(A: Jan. 2007 )
	=	-0.03	/	( ( (0 - 0.012)	+	(0 - 0.043) )	/ 2 )
	=	-0.03	/	( (-0.012	+	-0.043)	/ 2 )
	=	-0.03	/	-0.0275
	=	109.09 %

Aamaxan Transport Group's ROCE % of for the quarter that ended in Jun. 2008 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2008 )		(Q: Jan. 2008 )		(Q: Jun. 2008 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2008 )		(Q: Jan. 2008 )		(Q: Jun. 2008 )
	=	8.904	/	( ( (18.904 - 4.588)	+	(33.828 - 9.319) )	/ 2 )
	=	8.904	/	( ( 14.316	+	24.509 )	/ 2 )
	=	8.904	/	19.4125
	=	45.87 %

(1) Note: The EBIT data used here is four times the quarterly (Jun. 2008) EBIT data.

Aamaxan Transport Group (GREY:AAXT) 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.

Aamaxan Transport Group ROCE % Related Terms

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Aamaxan Transport Group (Aamaxan Transport Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Aamaxan Transport Group Inc (GREY:AAXT) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

31 Walmer Road, Suite 6, Toronto, ON, CAN, M5R 2W7

Website

Aamaxan Transport Group Inc is a development stage company seeking for potential operating businesses and business opportunities with the intent to acquire or merge with such businesses.

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