Silver Star Energy (Silver Star Energy) ROCE % : -37.92% (As of Sep. 2007)

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What is Silver Star Energy 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. Silver Star Energy's annualized ROCE % for the quarter that ended in Sep. 2007 was -37.92%.

Silver Star Energy ROCE % Historical Data

The historical data trend for Silver Star Energy'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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Silver Star Energy ROCE % Chart

Silver Star Energy Annual Data

Trend

Dec03

Dec04

Dec05

Dec06

ROCE %

-19.04

-71.88

-0.49

-112.18

Silver Star Energy Quarterly Data
	Mar03	Jun03	Sep03	Dec03	Mar04	Jun04	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07
ROCE %	Get a 7-Day Free Trial														3.77	-62.97	-162.00	-429.86	-37.92

Silver Star Energy ROCE % Calculation

Silver Star Energy's annualized ROCE % for the fiscal year that ended in Dec. 2006 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2006 )		(A: Dec. 2005 )		(A: Dec. 2006 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2006 )		(A: Dec. 2005 )		(A: Dec. 2006 )
	=	-3.471	/	( ( (6.363 - 0.819)	+	(4.995 - 4.351) )	/ 2 )
	=	-3.471	/	( (5.544	+	0.644)	/ 2 )
	=	-3.471	/	3.094
	=	-112.18 %

Silver Star Energy's ROCE % of for the quarter that ended in Sep. 2007 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2007 )		(Q: Jun. 2007 )		(Q: Sep. 2007 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2007 )		(Q: Jun. 2007 )		(Q: Sep. 2007 )
	=	-0.72	/	( ( (2.021 - 0.032)	+	(1.813 - 0.005) )	/ 2 )
	=	-0.72	/	( ( 1.989	+	1.808 )	/ 2 )
	=	-0.72	/	1.8985
	=	-37.92 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2007) EBIT data.

Silver Star Energy (OTCPK:SVSE) 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.

Silver Star Energy ROCE % Related Terms

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Silver Star Energy (Silver Star Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Silver Star Energy Inc (OTCPK:SVSE) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

9595 Wilshire Boulevard, Suite 900, Beverly Hills, CA, USA, 90212

Website

Silver Star Energy Inc is an early-stage energy company engaged in the exploration and development of oil and natural gas reserves throughout western North America.

Executives

Scott Marshall	10 percent owner	2435 WEST 7TH AVENUE VANCOUVER A1 00000
Gordon Samson	director	9595 WILSHIRE BLVD., SUITE 900 BEVERLY HILLS CA 90212
Robert Bruce Mcintosh	director, officer: President	504 THRASHER STREET, NORCROSS GA 30071

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