ProText Mobility (ProText Mobility) ROCE % : 0.00% (As of Sep. 2014)

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What is ProText Mobility 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. ProText Mobility's annualized ROCE % for the quarter that ended in Sep. 2014 was 0.00%.

ProText Mobility ROCE % Historical Data

The historical data trend for ProText Mobility'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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ProText Mobility ROCE % Chart

ProText Mobility Annual Data

Trend

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ROCE %

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ProText Mobility Quarterly Data
	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14
ROCE %	Get a 7-Day Free Trial															-	-	-	-	-

ProText Mobility ROCE % Calculation

ProText Mobility's annualized ROCE % for the fiscal year that ended in Dec. 2013 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2013 )		(A: Dec. 2012 )		(A: Dec. 2013 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2013 )		(A: Dec. 2012 )		(A: Dec. 2013 )
	=	-0.893	/	( ( (0.003 - 3.425)	+	(0.005 - 4.194) )	/ 2 )
	=	-0.893	/	( (-3.422	+	-4.189)	/ 2 )
	=	-0.893	/	-3.8055
	=	23.47 %

ProText Mobility's ROCE % of for the quarter that ended in Sep. 2014 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2014 )		(Q: Jun. 2014 )		(Q: Sep. 2014 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2014 )		(Q: Jun. 2014 )		(Q: Sep. 2014 )
	=	0.048	/	( ( (0.026 - 4.798)	+	(0.02 - 4.722) )	/ 2 )
	=	0.048	/	( ( -4.772	+	-4.702 )	/ 2 )
	=	0.048	/	-4.737
	=	0 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2014) EBIT data.

ProText Mobility (OTCPK:TXTM) 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.

ProText Mobility ROCE % Related Terms

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ProText Mobility (ProText Mobility) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » ProText Mobility Inc (OTCPK:TXTM) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

One West Las Olas Boulevard, Suite 500, Fort Lauderdale, FL, USA, 33301

Website

https://www.protxtm.com

ProText Mobility Inc is a Biotech Company developing a Hemp/CBD - Cannabis medicines platform for the legal cannabis industry, using proprietary live plant extraction processes & technologies. Protext has engaged in the research, testing, and development of bioavailable botanical products all-natural ingredients formulated for nutraceuticals and pharmaceutical applications through proprietary live plant extraction technology.

Executives

Peter Sealey

director

37400 CENTRAL COURT, NEWARK CA 94560