Global Water Technologies (Global Water Technologies) ROCE % : 31.09% (As of Mar. 2002)

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What is Global Water 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. Global Water Technologies's annualized ROCE % for the quarter that ended in Mar. 2002 was 31.09%.

Global Water Technologies ROCE % Historical Data

The historical data trend for Global Water 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.

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Global Water Technologies ROCE % Chart

Global Water Technologies Annual Data

Trend

Dec01

ROCE %

18.56

Global Water Technologies Quarterly Data
	Jun01	Sep01	Dec01	Mar02
ROCE %	-4.45	31.23	46.20	31.09

Global Water Technologies ROCE % Calculation

Global Water Technologies'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: . 20 )		(A: Dec. 2001 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2001 )		(A: . 20 )		(A: Dec. 2001 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

Global Water Technologies's ROCE % of for the quarter that ended in Mar. 2002 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2002 )		(Q: Dec. 2001 )		(Q: Mar. 2002 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2002 )		(Q: Dec. 2001 )		(Q: Mar. 2002 )
	=	1.532	/	( ( (60.135 - 55.453)	+	(64.239 - 59.065) )	/ 2 )
	=	1.532	/	( ( 4.682	+	5.174 )	/ 2 )
	=	1.532	/	4.928
	=	31.09 %

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

Global Water Technologies (OTCPK:GWTR) 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.

Global Water Technologies ROCE % Related Terms

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Global Water Technologies (Global Water Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Global Water Technologies Inc (OTCPK:GWTR) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

125 W. South Street, Suite 702, Indianapolis, IN, USA, 46206

Website

http://www.gwtr.com

Global Water Technologies Inc is involved in the development and commercialization of new technologies to improve efficiency in drinking water systems and sales of water treatment products and services. It also develops smart water grid solutions.

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