Green Ballast (Green Ballast) ROCE % : 0.00% (As of Dec. 2014)

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What is Green Ballast 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. Green Ballast's annualized ROCE % for the quarter that ended in Dec. 2014 was 0.00%.

Green Ballast ROCE % Historical Data

The historical data trend for Green Ballast'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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Green Ballast ROCE % Chart

Green Ballast Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

ROCE %

-1,696.52

Green Ballast Quarterly Data
	Sep11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Dec13	Dec14
ROCE %	Get a 7-Day Free Trial				-	-	-	-	-

Green Ballast ROCE % Calculation

Green Ballast's annualized ROCE % for the fiscal year that ended in Dec. 2014 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2014 )		(A: Dec. 2013 )		(A: Dec. 2014 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2014 )		(A: Dec. 2013 )		(A: Dec. 2014 )
	=	-0.674	/	( ( (2.354 - 6.993)	+	(1.929 - 7.47) )	/ 2 )
	=	-0.674	/	( (-4.639	+	-5.541)	/ 2 )
	=	-0.674	/	-5.09
	=	13.24 %

Green Ballast's ROCE % of for the quarter that ended in Dec. 2014 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2014 )		(Q: Dec. 2013 )		(Q: Dec. 2014 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2014 )		(Q: Dec. 2013 )		(Q: Dec. 2014 )
	=	0	/	( ( (2.354 - 6.993)	+	(1.929 - 7.47) )	/ 2 )
	=	0	/	( ( -4.639	+	-5.541 )	/ 2 )
	=	0	/	-5.09
	=	0 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2014) EBIT data.

Green Ballast (GREY:GBLL) 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.

Green Ballast ROCE % Related Terms

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Green Ballast (Green Ballast) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Green Ballast Inc (GREY:GBLL) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

2620 Thousand Oaks Boulevard, Suite 4000, Memphis, TN, USA, 38118

Website

http://www.greenballastinc.com

Green Ballast Inc develops, markets and distributes energy-efficient electronic ballasts for fluorescent fixtures in the lighting industry. The company's electronic ballast is used with a fluorescent bulb to regulate the amount of electric current delivered to start and operate the bulb. It offers energy-efficient electronic ballasts as an alternative to traditional ballasts and existing daylight harvesting ballasts. Its product daylight harvesting ballasts can be applied to two-lamp, three-lamp, or four-lamp light fixtures.

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