Ironstone Group (Ironstone Group) ROCE % : -13.60% (As of Dec. 2022)

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What is Ironstone Group 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. Ironstone Group's annualized ROCE % for the quarter that ended in Dec. 2022 was -13.60%.

Ironstone Group ROCE % Historical Data

The historical data trend for Ironstone Group'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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Ironstone Group ROCE % Chart

Ironstone Group Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec20

Dec21

Dec22

ROCE %

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-2.90

-4.71

-1.36

-5.85

-6.53

Ironstone Group Quarterly Data
	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22
ROCE %	Get a 7-Day Free Trial															-7.48	-5.63	-5.72	-7.50	-13.60

Ironstone Group ROCE % Calculation

Ironstone Group's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	-0.304	/	( ( (5.595 - 0.566)	+	(4.67 - 0.388) )	/ 2 )
	=	-0.304	/	( (5.029	+	4.282)	/ 2 )
	=	-0.304	/	4.6555
	=	-6.53 %

Ironstone Group's ROCE % of for the quarter that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2022 )		(Q: Sep. 2022 )		(Q: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2022 )		(Q: Sep. 2022 )		(Q: Dec. 2022 )
	=	-0.588	/	( ( (4.752 - 0.387)	+	(4.67 - 0.388) )	/ 2 )
	=	-0.588	/	( ( 4.365	+	4.282 )	/ 2 )
	=	-0.588	/	4.3235
	=	-13.60 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2022) EBIT data.

Ironstone Group (OTCPK:IRNS) 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.

Ironstone Group ROCE % Related Terms

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Ironstone Group (Ironstone Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Ironstone Group Inc (OTCPK:IRNS) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

909 Montgomery Street, 3rd Floor, San Francisco, CA, USA, 94133

Website

http://www.ironstonegroupinc.com

Ironstone Group Inc is engaged in funding and growing disruptive businesses.

Executives

Harold S Bradley	director	11613 PAWNEE LANE, LEAWOOD KS 66211
Eugene Yates	officer: CFO	8 NAVAJO CT, ALAMO CA 94507
Thomas Thurston	director	909 MONTGOMERY STREET, 3RD FLOOR, SAN FRANCISCO CA 94133
Elizabeth Boyer Hambrecht	officer: CFO	1356 GREENWICH STREET, SAN FRANCISCO CA 94109
William R Hambrecht	director, 10 percent owner	C/O ADOBE SUSTEMS INC, 345 PARK AVENUE P O BOX 2704, SAN JOSE CA 95110-2704
Hambrecht 1980 Revocable Trust	10 percent owner
Venture Associates Bvi Ltd	10 percent owner	ONE BUSH ST, SAN FRANCISCO CA 94104
Amquist	10 percent owner	ONE BUSH ST, SAN FRANCISCO CA 94104
H&q Ventures Iv	10 percent owner	ONE BUSH STREET, SAN FRANCISCO CA 94104
Hambrecht & Quist California	10 percent owner	ONE BUSH ST, SAN FRANCISCO CA 94104
J P Morgan Securities Inc	10 percent owner
Hambrecht & Quist Venture Partners	10 percent owner	ONE BUSH STREET, SAN FRANCISCO CA 94104
Nicholas J Giordano	director, officer: CEO/CFO	539 BRYANT ST, SUITE 100, SAN FRANCISCO CA 94107

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