Enable Ipc (Enable Ipc) ROCE % : -3,275.00% (As of Sep. 2008)

View and export this data going back to 2006. Start your Free Trial

What is Enable Ipc 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. Enable Ipc's annualized ROCE % for the quarter that ended in Sep. 2008 was -3,275.00%.

Enable Ipc ROCE % Historical Data

The historical data trend for Enable Ipc'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.

Enable Ipc ROCE % Chart

Enable Ipc Annual Data

Trend

Mar05

Mar06

Mar07

Mar08

ROCE %

-79.17

-232.10

-310.70

-1,679.25

Enable Ipc Quarterly Data
	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08
ROCE %	Get a 7-Day Free Trial									-	-2,118.52	-895.24	-904.00	-3,275.00

Enable Ipc ROCE % Calculation

Enable Ipc's annualized ROCE % for the fiscal year that ended in Mar. 2008 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2008 )		(A: Mar. 2007 )		(A: Mar. 2008 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2008 )		(A: Mar. 2007 )		(A: Mar. 2008 )
	=	-0.89	/	( ( (0.589 - 0.596)	+	(0.815 - 0.702) )	/ 2 )
	=	-0.89	/	( (-0.007	+	0.113)	/ 2 )
	=	-0.89	/	0.053
	=	-1,679.25 %

Enable Ipc's ROCE % of for the quarter that ended in Sep. 2008 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2008 )		(Q: Jun. 2008 )		(Q: Sep. 2008 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2008 )		(Q: Jun. 2008 )		(Q: Sep. 2008 )
	=	-1.048	/	( ( (0.763 - 0.676)	+	(0.739 - 0.762) )	/ 2 )
	=	-1.048	/	( ( 0.087	+	-0.023 )	/ 2 )
	=	-1.048	/	0.032
	=	-3,275.00 %

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

Enable Ipc (OTCPK:EIPC) 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.

Enable Ipc ROCE % Related Terms

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

Enable Ipc (Enable Ipc) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Enable Ipc Corp (OTCPK:EIPC) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

26893 Bouquet Canyon Road, Suite C-110, Saugus, CA, USA, 91350

Website

http://www.enableipc.com

Enable Ipc Corp. is engaged in the development of new power technologies that combine thin films and nanotechnology. The company's products include potentiostat, galvanostat and impedance anaylzer systems.

Enable Ipc (Enable Ipc) Headlines

No Headlines