Agavenny (Agavenny) ROCE % : 0.00% (As of Sep. 2008)

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What is Agavenny 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. Agavenny's annualized ROCE % for the quarter that ended in Sep. 2008 was 0.00%.

Agavenny ROCE % Historical Data

The historical data trend for Agavenny'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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Agavenny ROCE % Chart

Agavenny Annual Data

Trend

Sep07

Sep08

ROCE %

Agavenny Semi-Annual Data
	Sep07	Sep08
ROCE %	-	-

Agavenny ROCE % Calculation

Agavenny's annualized ROCE % for the fiscal year that ended in Sep. 2008 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Sep. 2008 )		(A: Sep. 2007 )		(A: Sep. 2008 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Sep. 2008 )		(A: Sep. 2007 )		(A: Sep. 2008 )
	=	-0.073	/	( ( (0 - 0.01)	+	(0.001 - 0) )	/ 2 )
	=	-0.073	/	( (-0.01	+	0.001)	/ 2 )
	=	-0.073	/	-0.0045
	=	1,622.22 %

Agavenny's ROCE % of for the quarter that ended in Sep. 2008 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2008 )		(Q: Sep. 2007 )		(Q: Sep. 2008 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2008 )		(Q: Sep. 2007 )		(Q: Sep. 2008 )
	=	-0.073	/	( ( (0 - 0.01)	+	(0.001 - 0) )	/ 2 )
	=	-0.073	/	( ( -0.01	+	0.001 )	/ 2 )
	=	-0.073	/	-0.0045
	=	0 %

(1) Note: The EBIT data used here is one times the annual (Sep. 2008) EBIT data.

Agavenny (OTCPK:AGNY) 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.

Agavenny ROCE % Related Terms

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Agavenny (Agavenny) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Agavenny Corp (OTCPK:AGNY) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1605 W. Olympic Boulevard, Suite 1046, Los Angeles, CA, USA, 90015

Website

https://www.agavenny.com

Agavenny Corporation is a holding company with portfolio interests predominately in the men's luxury apparel and accessories sector of the fashion industry. The company's primary focus is to own businesses, start or acquire businesses, and pursue business opportunities in this sector through subsidiaries.

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