Puissant Industries (Puissant Industries) ROCE % : -27.92% (As of Dec. 2013)

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What is Puissant Industries 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. Puissant Industries's annualized ROCE % for the quarter that ended in Dec. 2013 was -27.92%.

Puissant Industries ROCE % Historical Data

The historical data trend for Puissant Industries'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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Puissant Industries ROCE % Chart

Puissant Industries Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

ROCE %

36.45

-7.03

-27.92

Puissant Industries Semi-Annual Data
	Dec10	Dec11	Dec12	Dec13
ROCE %	-	36.45	-7.03	-27.92

Puissant Industries ROCE % Calculation

Puissant Industries'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 )
	=	-0.202	/	( ( (0.748 - 0.039)	+	(0.778 - 0.04) )	/ 2 )
	=	-0.202	/	( (0.709	+	0.738)	/ 2 )
	=	-0.202	/	0.7235
	=	-27.92 %

Puissant Industries's ROCE % of for the quarter that ended in Dec. 2013 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2013 )		(Q: Dec. 2012 )		(Q: Dec. 2013 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2013 )		(Q: Dec. 2012 )		(Q: Dec. 2013 )
	=	-0.202	/	( ( (0.748 - 0.039)	+	(0.778 - 0.04) )	/ 2 )
	=	-0.202	/	( ( 0.709	+	0.738 )	/ 2 )
	=	-0.202	/	0.7235
	=	-27.92 %

(1) Note: The EBIT data used here is one times the annual (Dec. 2013) EBIT data.

Puissant Industries (OTCPK:PSSS) 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.

Puissant Industries ROCE % Related Terms

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Puissant Industries (Puissant Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Puissant Industries Inc (OTCPK:PSSS) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

480 Lexington Road, Suite 12, Versailles, KY, USA, 40383

Website

http://www.psss.co

Puissant Industries Inc is a rapidly growing independent energy company engaged in the exploration, development, acquisition, and production of crude oil and natural gas with operations focused in the United States. The Company's focus is on the redevelopment of producing oils and gas properties and is currently producing commercial quantities of oil and gas from fields it owns and operates.

Executives

Carbon River Holdings, Inc.	10 percent owner	520 WHITLEY STREET, LONDON KY 40743
Logos Resources, Inc.	10 percent owner	520 WHITLEY STREET, LONDON KY 40743
Marshall E. Holbrook	director, officer: Vice President	520 WHITLEY STREET, LONDON KY 40743
Holbrook Cora J.	director, officer: Secretary/Treasurer	520 WHITLEY STREET, LONDON KY 40743
Mccrome International Inc.	10 percent owner	520 WHITLEY STREET, LONDON KY 40743
Sovereign One, Inc.	10 percent owner	520 WHITLEY STREET, LONDON KY 40743
Mark E. Holbrook	director, officer: President	520 WHITLEY STREET, LONDON KY 40743

Puissant Industries (Puissant Industries) Headlines

From GuruFocus

Joint Venture Between Puissant Industries, Inc. and EnerMining Corp.

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