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Go Green Global Technologies (Go Green Global Technologies) ROC % : -923.08% (As of Oct. 2008)


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What is Go Green Global Technologies ROC %?

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Go Green Global Technologies's annualized return on capital (ROC %) for the quarter that ended in Oct. 2008 was -923.08%.

As of today (2024-05-17), Go Green Global Technologies's WACC % is 0.00%. Go Green Global Technologies's ROC % is 0.00% (calculated using TTM income statement data). Go Green Global Technologies earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Go Green Global Technologies ROC % Historical Data

The historical data trend for Go Green Global Technologies's ROC % 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.

Go Green Global Technologies ROC % Chart

Go Green Global Technologies Annual Data
Trend Apr06 Apr07
ROC %
- -

Go Green Global Technologies Quarterly Data
Apr06 Jul06 Oct06 Jan07 Apr07 Jul07 Oct07 Jan08 Apr08 Jul08 Oct08
ROC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - -400.00 -137.14 -283.87 -923.08

Go Green Global Technologies ROC % Calculation

Go Green Global Technologies's annualized Return on Capital (ROC %) for the fiscal year that ended in Apr. 2007 is calculated as:

ROC % (A: Apr. 2007 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Apr. 2006 ) + Invested Capital (A: Apr. 2007 ))/ count )
=-0.031 * ( 1 - % )/( (0 + -0.025)/ 1 )
=-0.031/-0.025
= %

where

Invested Capital(A: Apr. 2006 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=0 - 0.001 - ( 0 - max(0, 0.001 - 0+0))
=0

Invested Capital(A: Apr. 2007 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=0.003 - 0.038 - ( 0.003 - max(0, 0.013 - 0.003+0.003))
=-0.025

Go Green Global Technologies's annualized Return on Capital (ROC %) for the quarter that ended in Oct. 2008 is calculated as:

ROC % (Q: Oct. 2008 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jul. 2008 ) + Invested Capital (Q: Oct. 2008 ))/ count )
=-0.42 * ( 1 - % )/( (0.037 + 0.054)/ 2 )
=-0.42/0.0455
=-923.08 %

where

Invested Capital(Q: Jul. 2008 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=0 - 0.012 - ( 0 - max(0, 0.049 - 0+0))
=0.037

Invested Capital(Q: Oct. 2008 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=0 - 0.039 - ( 0 - max(0, 0.093 - 0+0))
=0.054

Note: The Operating Income data used here is four times the quarterly (Oct. 2008) data.

* 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.

Go Green Global Technologies  (OTCPK:GOGR) ROC % Explanation

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, Go Green Global Technologies's WACC % is 0.00%. Go Green Global Technologies's ROC % is 0.00% (calculated using TTM income statement data). Go Green Global Technologies earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Be Aware

Like ROE % and ROA %, ROC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Go Green Global Technologies ROC % Related Terms

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Go Green Global Technologies (Go Green Global Technologies) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Go Green Global Technologies Corp (OTCPK:GOGR) » Definitions » ROC %
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Traded in Other Exchanges
N/A
Address
5 Production Drive, Brookfield, CT, USA, 06804
Website
http://www.gogreentechcorp.com
Go Green Global Technologies Corp provides proprietary disruptive technology for use in the water and fuel use industries of both commercial and consumer segments. It provides solutions by utilizing the proprietary and patented Sonical process for non-chemical water treatment and fuel combustion applications, including industrial, automotive, transportation, maritime and railway industries. The company also has a fuel treatment product that reduces fuel consumption and emissions in vehicles and industrial boilers. The company is a pioneer and leader in the emerging Pulsed Power technology sector. Since its inception, the company has focused on technologies that provides a cleaner and more efficient planet.