GreenGro Technologies (GreenGro Technologies) ROCE % : 0.00% (As of Mar. 2004)

View and export this data going back to . Start your Free Trial

What is GreenGro Technologies 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. GreenGro Technologies's annualized ROCE % for the quarter that ended in Mar. 2004 was 0.00%.

GreenGro Technologies ROCE % Historical Data

The historical data trend for GreenGro Technologies'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.

* Premium members only.

GreenGro Technologies ROCE % Chart

GreenGro Technologies Annual Data

Trend

Dec96

Dec97

Dec98

Jun99

Jun00

Jun01

Jun02

ROCE %

Get a 7-Day Free Trial

-27.34

-3.82

-49.33

-80.90

-233.42

GreenGro Technologies Quarterly Data
	Jun99	Sep99	Dec99	Mar00	Jun00	Sep00	Dec00	Mar01	Jun01	Sep01	Dec01	Mar02	Jun02	Sep02	Dec02	Mar03	Jun03	Sep03	Dec03	Mar04
ROCE %	Get a 7-Day Free Trial															-	-	-	-	-

GreenGro Technologies ROCE % Calculation

GreenGro Technologies's annualized ROCE % for the fiscal year that ended in Jun. 2002 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2002 )		(A: Jun. 2001 )		(A: Jun. 2002 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2002 )		(A: Jun. 2001 )		(A: Jun. 2002 )
	=	-13.599	/	( ( (21.989 - 9.439)	+	(4.085 - 4.983) )	/ 2 )
	=	-13.599	/	( (12.55	+	-0.898)	/ 2 )
	=	-13.599	/	5.826
	=	-233.42 %

GreenGro Technologies's ROCE % of for the quarter that ended in Mar. 2004 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2004 )		(Q: Dec. 2003 )		(Q: Mar. 2004 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2004 )		(Q: Dec. 2003 )		(Q: Mar. 2004 )
	=	-0.06	/	( ( (0.002 - 0.318)	+	(0 - 0.35) )	/ 2 )
	=	-0.06	/	( ( -0.316	+	-0.35 )	/ 2 )
	=	-0.06	/	-0.333
	=	0 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2004) EBIT data.

GreenGro Technologies (OTCPK:GRNH) 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.

GreenGro Technologies ROCE % Related Terms

Thank you for viewing the detailed overview of GreenGro Technologies's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

GreenGro Technologies (GreenGro Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » GreenGro Technologies Inc (OTCPK:GRNH) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

68374 Keiley Road, Cathedral City, CA, USA, 92234

Website

https://www.greengrotech.com

GreenGro Technologies Inc specializes in indoor and outdoor agricultural science systems for the consumer and commercial farming markets. It manufactures and sells eco-friendly vertical cultivation systems and facilities design. In addition, it also provides design, construction, and GreenGro Technologies, Inc. provides manufacturing and sales of green, eco-friendly, sustainable vertical cultivation systems, and facilities design. Its products and services are targeted at consumers and industrial farming operations. Its products and services are designed to provide all of these customers solutions to achieve maximum efficiency, whether that be a balcony garden or industrial cultivator.