Cono Italiano (Cono Italiano) ROCE % : 0.00% (As of Sep. 2013)

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What is Cono Italiano 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. Cono Italiano's annualized ROCE % for the quarter that ended in Sep. 2013 was 0.00%.

Cono Italiano ROCE % Historical Data

The historical data trend for Cono Italiano'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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Cono Italiano ROCE % Chart

Cono Italiano Annual Data

Trend

Nov05

Nov06

Jan08

Jan09

Dec10

Dec11

Dec12

ROCE %

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-36.28

-23.18

Cono Italiano Quarterly Data
	Oct08	Jan09	Apr09	Jul09	Oct09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13
ROCE %	Get a 7-Day Free Trial															-	-	-	-	-

Cono Italiano ROCE % Calculation

Cono Italiano's annualized ROCE % for the fiscal year that ended in Dec. 2012 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2012 )		(A: Dec. 2011 )		(A: Dec. 2012 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2012 )		(A: Dec. 2011 )		(A: Dec. 2012 )
	=	-0.647	/	( ( (0.181 - 1.22)	+	(0.375 - 1.828) )	/ 2 )
	=	-0.647	/	( (-1.039	+	-1.453)	/ 2 )
	=	-0.647	/	-1.246
	=	51.93 %

Cono Italiano's ROCE % of for the quarter that ended in Sep. 2013 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2013 )		(Q: Jun. 2013 )		(Q: Sep. 2013 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2013 )		(Q: Jun. 2013 )		(Q: Sep. 2013 )
	=	-0.4	/	( ( (0.209 - 1.946)	+	(0.179 - 2.023) )	/ 2 )
	=	-0.4	/	( ( -1.737	+	-1.844 )	/ 2 )
	=	-0.4	/	-1.7905
	=	0 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2013) EBIT data.

Cono Italiano (GREY:CNOZ) 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.

Cono Italiano ROCE % Related Terms

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Cono Italiano (Cono Italiano) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Cono Italiano Inc (GREY:CNOZ) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

10 Main Street, Keyport, NJ, USA, 07735

Website

http://www.conoitaliano.com

Cono Italiano Inc was incorporated in the State of Nevada on September 9, 2004. It is a development stage company. It operates in fast food industry throughout the United States, Canada and Mexico and currently sell them in stadiums, arenas, at universities and through catering companies. Cono Italiano is licensed to distribute a food product called the 'Pizza Cono'. The Company intends to contact food distributors who sell to the restaurant community to distribute the product. The Company will seek to develop relationships with independent commissioned sales representatives throughout the country to sell and market the product to the retail community and specialty customers.

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