Carson Development (Carson Development) ROCE % : 0.00% (As of Sep. 2002)

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What is Carson Development 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. Carson Development's annualized ROCE % for the quarter that ended in Sep. 2002 was 0.00%.

Carson Development ROCE % Historical Data

The historical data trend for Carson Development'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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Carson Development ROCE % Chart

Carson Development Annual Data

Trend

Dec99

Dec00

Dec01

ROCE %

Carson Development Quarterly Data
	Mar99	Mar00	Jun00	Sep00	Dec00	Mar01	Jun01	Sep01	Dec01	Mar02	Jun02	Sep02
ROCE %	Get a 7-Day Free Trial							-12,233.33	-	-	-	-

Carson Development ROCE % Calculation

Carson Development's annualized ROCE % for the fiscal year that ended in Dec. 2001 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2001 )		(A: Dec. 2000 )		(A: Dec. 2001 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2001 )		(A: Dec. 2000 )		(A: Dec. 2001 )
	=	-2.598	/	( ( (0.262 - 0.087)	+	(0.003 - 0.232) )	/ 2 )
	=	-2.598	/	( (0.175	+	-0.229)	/ 2 )
	=	-2.598	/	-0.027
	=	9,622.22 %

Carson Development's ROCE % of for the quarter that ended in Sep. 2002 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2002 )		(Q: Jun. 2002 )		(Q: Sep. 2002 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2002 )		(Q: Jun. 2002 )		(Q: Sep. 2002 )
	=	-2.588	/	( ( (3.308 - 5.4)	+	(3.778 - 6.506) )	/ 2 )
	=	-2.588	/	( ( -2.092	+	-2.728 )	/ 2 )
	=	-2.588	/	-2.41
	=	0 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2002) EBIT data.

Carson Development (OTCPK:CDVM) 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.

Carson Development ROCE % Related Terms

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Carson Development (Carson Development) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Carson Development Corp (OTCPK:CDVM) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

6917 West 135th Street, Suite B-29, Overland Park, KS, USA, 66223

Website

http://www.carsondevelopmentinc.com

Carson Development Corp is a Real Estate company. It includes the purchase of raw ground, developing the ground, constructing homes-apartment complexes-shopping centers-businesses, and then managing the property once it is complete.

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