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

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

Cannabusiness Group ROCE % Historical Data

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.

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Cannabusiness Group ROCE % Chart

Cannabusiness Group Annual Data

Trend

Dec98

Dec99

Dec00

Dec01

Dec02

Dec03

Dec04

Dec05

Dec06

Dec07

ROCE %

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-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							-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.

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.

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Cannabusiness Group (Cannabusiness Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Cannabusiness Group Inc (OTCPK:CBGI) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

3133 Fortune Way, Suite 15, Wellington, FL, USA, 33414

Website

http://www.musclewarfare.com

Cannabusiness Group Inc is engaged in manufacturing sports nutrition. The company offers products including Napalm, Mre, Nuke and Thermofuse.

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