CBGI (Cannabusiness Group) ROCE %: -23.32% (As of Dec. 2007)


What is Cannabusiness Group ROCE %?

Cannabusiness Group CBGI -90.00% ROCE % is -23.32% as of Dec. 2007.

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. Cannabusiness Group's annualized ROCE % for the quarter that ended in Dec. 2007 was -23.32%.

Cannabusiness Group  (OTCPK:CBGI) 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.

Cannabusiness Group ROCE % Related Terms

Cannabusiness Group ROCE % Historical Data

* Premium members only.

The historical data trend for Cannabusiness 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.

Cannabusiness Group ROCE % Chart

Cannabusiness Group Annual Data
Trend Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.51 -2.44 -13.33 -89.55 -23.32

Cannabusiness Group Semi-Annual Data
Dec96 Dec97 Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.51 -2.44 -13.33 -89.55 -23.32

Cannabusiness Group ROCE % Calculation

Cannabusiness Group's annualized ROCE % for the fiscal year that ended in Dec. 2007 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2007 )  (A: Dec. 2006 )(A: Dec. 2007 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2007 )  (A: Dec. 2006 )(A: Dec. 2007 )
=-0.6/( ( (4.306 - 2.135) + (6.462 - 3.488) )/ 2 )
=-0.6/( (2.171+2.974)/ 2 )
=-0.6/2.5725
=-23.32 %

Cannabusiness Group's ROCE % of for the quarter that ended in Dec. 2007 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2007 )  (Q: Dec. 2006 )(Q: Dec. 2007 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2007 )  (Q: Dec. 2006 )(Q: Dec. 2007 )
=-0.6/( ( (4.306 - 2.135) + (6.462 - 3.488) )/ 2 )
=-0.6/( ( 2.171 + 2.974 )/ 2 )
=-0.6/2.5725
=-23.32 %

(1) Note: The EBIT data used here is one times the annual (Dec. 2007) EBIT data.

* 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of -23.32% mean?
Cannabusiness Group (CBGI) has a ROCE % of -23.32% as of Dec. 2007.
Is Cannabusiness Group's ROCE % too high?
Cannabusiness Group's current ROCE % is -23.32%.
How does Cannabusiness Group's ROCE % compare to BIEI and BKIT?
Cannabusiness Group's ROCE % of -23.32% can be compared against companies in the Real Estate industry. The industry median ROCE % is 4.66. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Real Estate company?
The median ROCE % among Real Estate companies is 4.66, based on 1,757 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Real Estate industry, the median ROCE % is 4.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cannabusiness Group's current ROCE % is -23.32%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cannabusiness Group stock overvalued right now?
Cannabusiness Group (CBGI) has a current ROCE % of -23.32%. The current ROCE % is -23.32%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Cannabusiness Group (CBGI), the current ROCE % is -23.32% as of Dec. 2007. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Cannabusiness Group Business Description

Address 905 Cotting Lane, Suite 160, Vacaville, CA, USA, 95688
Cannabusiness Group Inc is engaged in real estate acquisition, leasing, and management firms whose primary focus is on zoning issues. The company acquires commercial property or land, and lease out the facilities for Agricultural, Industrial, Commercial, and Retail.