Conforce International (Conforce International) ROCE % : -63.09% (As of Sep. 2012)

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What is Conforce 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. Conforce International's annualized ROCE % for the quarter that ended in Sep. 2012 was -63.09%.

Conforce International ROCE % Historical Data

The historical data trend for Conforce 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.

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Conforce International ROCE % Chart

Conforce International Annual Data

Trend

Mar09

Mar10

Mar11

Mar12

ROCE %

-58.11

-60.43

-41.26

-61.28

Conforce International Quarterly Data
	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12
ROCE %	Get a 7-Day Free Trial												-60.78	-76.51	-76.10	-49.56	-63.09

Conforce International ROCE % Calculation

Conforce International's annualized ROCE % for the fiscal year that ended in Mar. 2012 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2012 )		(A: Mar. 2011 )		(A: Mar. 2012 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2012 )		(A: Mar. 2011 )		(A: Mar. 2012 )
	=	-3.801	/	( ( (8.405 - 0.492)	+	(4.944 - 0.451) )	/ 2 )
	=	-3.801	/	( (7.913	+	4.493)	/ 2 )
	=	-3.801	/	6.203
	=	-61.28 %

Conforce International's ROCE % of for the quarter that ended in Sep. 2012 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2012 )		(Q: Jun. 2012 )		(Q: Sep. 2012 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2012 )		(Q: Jun. 2012 )		(Q: Sep. 2012 )
	=	-2.328	/	( ( (4.355 - 0.374)	+	(3.768 - 0.369) )	/ 2 )
	=	-2.328	/	( ( 3.981	+	3.399 )	/ 2 )
	=	-2.328	/	3.69
	=	-63.09 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2012) EBIT data.

Conforce International (OTCPK:CFRI) 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.

Conforce International ROCE % Related Terms

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Conforce International (Conforce International) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

N/A

Address

51A Caldari Road, 2nd Floor, Concord, ON, CAN, L4K 4G3

Website

http://www.conforceinternational.com

Conforce International Inc is a United States based company, through its subsidiary, is engaged in the development of polymer-based composite flooring system for the transportation industry trademarked under the name EKO-FLOR. The product offered by the company is designed for container and highway trailer.

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