Gold River Productions (Gold River Productions) ROC % : -56.97% (As of Dec. 2096)

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What is Gold River Productions ROC %?

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Gold River Productions's annualized return on capital (ROC %) for the quarter that ended in Dec. 2096 was -56.97%.

As of today (2024-06-23), Gold River Productions's WACC % is 0.00%. Gold River Productions's ROC % is 0.00% (calculated using TTM income statement data). Gold River Productions earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Gold River Productions ROC % Historical Data

The historical data trend for Gold River Productions's ROC % 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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Gold River Productions ROC % Chart

Gold River Productions Annual Data

Trend

Mar92

Mar93

Mar94

Mar95

ROC %

-114.81

-75.00

-19.45

-11.05

Gold River Productions Quarterly Data
	Mar92	Jun92	Sep92	Dec92	Mar93	Jun93	Sep93	Dec93	Mar94	Jun94	Sep94	Dec94	Mar95	Jun95	Sep95	Dec95	Mar96	Jun96	Sep96	Dec96
ROC %	Get a 7-Day Free Trial															168.49	-744.72	-0.50	-	-56.97

Gold River Productions ROC % Calculation

Gold River Productions's annualized Return on Capital (ROC %) for the fiscal year that ended in Mar. 2095 is calculated as:

	ROC % (A: Mar. 2095 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (A: Mar. 2094 )	+	Invested Capital (A: Mar. 2095 ))	/ count )
=	-9.6 * ( 1 - % )	/	( (78.8	+	95)	/ 2 )
=	-9.6	/	86.9
=	-11.05 %

where

	Invested Capital		(A: Mar. 2094 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	85.6	-	6	-	( 0.8	-	max(0, 19.2	-	58	+	0.8	))
=	78.8

	Invested Capital		(A: Mar. 2095 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	110.3	-	14.9	-	( 0.4	-	max(0, 39.4	-	61.6	+	0.4	))
=	95

Gold River Productions's annualized Return on Capital (ROC %) for the quarter that ended in Dec. 2096 is calculated as:

	ROC % (Q: Dec. 2096 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Sep. 2096 )	+	Invested Capital (Q: Dec. 2096 ))	/ count )
=	-48 * ( 1 - % )	/	( (88.1	+	80.4)	/ 2 )
=	-48	/	84.25
=	-56.97 %

where

	Invested Capital		(Q: Sep. 2096 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	106	-	16.1	-	( 1.8	-	max(0, 43.4	-	67.6	+	1.8	))
=	88.1

	Invested Capital		(Q: Dec. 2096 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	99.3	-	16.9	-	( 2	-	max(0, 50.1	-	70.2	+	2	))
=	80.4

Note: The Operating Income data used here is four times the quarterly (Dec. 2096) data.

Gold River Productions (OTCPK:GRPS) ROC % Explanation

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, Gold River Productions's WACC % is 0.00%. Gold River Productions's ROC % is 0.00% (calculated using TTM income statement data). Gold River Productions earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Be Aware

Like ROE % and ROA %, ROC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Gold River Productions ROC % Related Terms

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Gold River Productions (Gold River Productions) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Gold River Productions Inc (OTCPK:GRPS) » Definitions » ROC %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1022 Shadyside Lane, Dallas, TX, USA, 75223

Website

https://www.grpsinc.com

Gold River Productions Inc is a medical cannabinoids company involved in developing products targeting disease states as supplements. The company offers various products including Wrinkle Cream, EnergyPlex CBD, Hemorrhoid Plus CBD, Addiction Kit and Sominoplex-CBD among others.