Green Globe International (Green Globe International) ROCE % : 0.00% (As of Sep. 2008)

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

Green Globe International ROCE % Historical Data

The historical data trend for Green Globe International'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 Globe International ROCE % Chart

Green Globe International Annual Data

Trend

Dec03

Dec04

Dec05

Dec06

Dec07

ROCE %

-321.69

-2,746.67

Green Globe International Quarterly Data
	Mar04	Jun04	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08
ROCE %	Get a 7-Day Free Trial														-	-	-	-	-

Green Globe International ROCE % Calculation

Green Globe International'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 )
	=	-0.689	/	( ( (0.05 - 0.412)	+	(0.237 - 0.458) )	/ 2 )
	=	-0.689	/	( (-0.362	+	-0.221)	/ 2 )
	=	-0.689	/	-0.2915
	=	236.36 %

Green Globe International'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: Jun. 2008 )		(Q: Sep. 2008 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2008 )		(Q: Jun. 2008 )		(Q: Sep. 2008 )
	=	-4.244	/	( ( (0.263 - 2.947)	+	(0.237 - 3.095) )	/ 2 )
	=	-4.244	/	( ( -2.684	+	-2.858 )	/ 2 )
	=	-4.244	/	-2.771
	=	0 %

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

Green Globe International (OTCPK:GGII) 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 Globe International ROCE % Related Terms

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Green Globe International (Green Globe International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » Green Globe International Inc (OTCPK:GGII) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

8700 E Pinnacle Peak Road, Suite 210, Scottsdale, AZ, USA, 85255

Website

https://www.hempaccopackaging.com

Green Globe International Inc is a Hemp manufacturing company. It is engaged in the manufacturing and sales of CBD Hemp cigarettes. The company generates revenue from two streams- manufacturing and commercial product supply and white label development services.

Executives

David E Jenkins

director, 10 percent owner, officer: President

406 NORTH HERMOSA DRIVE, PALM SPRINGS CA 92262