Granite Falls Energy LLC (Granite Falls Energy LLC) ROCE % : 66.35% (As of Jul. 2022)

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What is Granite Falls Energy LLC 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. Granite Falls Energy LLC's annualized ROCE % for the quarter that ended in Jul. 2022 was 66.35%.

Granite Falls Energy LLC ROCE % Historical Data

The historical data trend for Granite Falls Energy LLC'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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Granite Falls Energy LLC ROCE % Chart

Granite Falls Energy LLC Annual Data

Trend

Oct12

Oct13

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

ROCE %

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13.71

3.49

-10.64

-22.53

26.82

Granite Falls Energy LLC Quarterly Data
	Oct17	Jan18	Apr18	Jul18	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22
ROCE %	Get a 7-Day Free Trial															37.02	50.02	83.78	25.30	66.35

Granite Falls Energy LLC ROCE % Calculation

Granite Falls Energy LLC's annualized ROCE % for the fiscal year that ended in Oct. 2021 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Oct. 2021 )		(A: Oct. 2020 )		(A: Oct. 2021 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Oct. 2021 )		(A: Oct. 2020 )		(A: Oct. 2021 )
	=	26.832	/	( ( (116.198 - 31.252)	+	(145.137 - 30.024) )	/ 2 )
	=	26.832	/	( (84.946	+	115.113)	/ 2 )
	=	26.832	/	100.0295
	=	26.82 %

Granite Falls Energy LLC's ROCE % of for the quarter that ended in Jul. 2022 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jul. 2022 )		(Q: Apr. 2022 )		(Q: Jul. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jul. 2022 )		(Q: Apr. 2022 )		(Q: Jul. 2022 )
	=	83.844	/	( ( (157.622 - 24.447)	+	(155.988 - 36.437) )	/ 2 )
	=	83.844	/	( ( 133.175	+	119.551 )	/ 2 )
	=	83.844	/	126.363
	=	66.35 %

(1) Note: The EBIT data used here is four times the quarterly (Jul. 2022) EBIT data.

Granite Falls Energy LLC (OTCPK:GFGY) 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.

Granite Falls Energy LLC ROCE % Related Terms

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Granite Falls Energy LLC (Granite Falls Energy LLC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Granite Falls Energy LLC (OTCPK:GFGY) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

15045 Highway 23 SE, P.O. Box 216, Granite Falls, MN, USA, 56241

Website

http://www.granitefallsenergy.com

Granite Falls Energy LLC is engaged in the production and sale of ethanol and its co-products, including wet, modified wet and dried distillers' grains, corn oil and corn syrup. The company's principal products include Ethanol, Distillers Grains, and Corn Oil. Its production operations are carried out at a plant located in Granite Falls, Minnesota and Heron Lake Bioenergy ethanol plant near Heron Lake, Minnesota. It also operates a natural gas pipeline. Geographically business activity of the group is functioned primarily through the United States and generates income from the sale of Ethanol products.

Executives

David A Forkrud	director	314 HIBBARD AVE, PO BOX 235, BELVIEW MN 56214
Fagen Holdings, Inc.	10 percent owner	501 W HIGHWAY 212, GRANITE FALLS MN 56241
Robin William Spaude	director	15045 HWY 23 SE, PO BOX 216, GRANITE FALLS MN 56241
Sherry Jean Larson	director	15045 HWY 23 SE, GRANITE FALLS MN 56251
Michael Gerald Lund	director	15045 HWY 23 SE, GRANITE FALLS MN 56241
Bruce G Lavigne	director	15045 HWY 23 SE, GRANITE FALLS MN 56241
Kenton Johnson	director	5347 270TH AVENUE, GRANITE FALLS MN 56241
Leslie Kenneth Bergquist	director	141 SKYLINE DRIVE, GRANITE FALLS MN 56241
Steve A Christensen	officer: CEO	15045 HIGHWAY 23 SE, PO BOX 216, GRANITE FALLS MN 56241
Marten Gerald Goulet	director	3131 COUNTY ROAD 112, INTERNATIONAL FALLS MN 56649
Kenneth Lee Berg	director, officer: Vice Chairman	2257 410TH STREET, CLARKFIELD MN 56223
Dennis Clifford Wagner	director	3581 TOWN ROAD 45, SOUTH INTERNATIONAL FALLS MN 56679
Dean Jerome Buesing	director	5027 HWY 67, GRANITE FALLS MN 56241
Roland J Fagen	10 percent owner	501 WEST HIGHWAY 212, P.O. BOX 159, GRANITE FALLS MN 56241
Glacial Lakes Energy, Llc	10 percent owner	301 20TH AVE. SE, P.O. BOX 933, WATERTOWN SD 57201-5922

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