GRNBF (GreenBank Capital) ROCE %: -13.78% (As of Apr. 2024)


What is GreenBank Capital ROCE %?

GreenBank Capital GRNBF -90.00% ROCE % is -13.78% as of Apr. 2024.

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. GreenBank Capital's annualized ROCE % for the quarter that ended in Apr. 2024 was -13.78%.

GreenBank Capital  (OTCPK:GRNBF) 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.

GreenBank Capital ROCE % Related Terms

GreenBank Capital ROCE % Historical Data

* Premium members only.

The historical data trend for GreenBank Capital'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.

GreenBank Capital ROCE % Chart

GreenBank Capital Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -358.57 -253.21 -99.63 15.08 -163.36

GreenBank Capital Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.65 -168.48 -17.62 -13.62 -13.78

GreenBank Capital ROCE % Calculation

GreenBank Capital's annualized ROCE % for the fiscal year that ended in Jul. 2023 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Jul. 2023 )  (A: Jul. 2022 )(A: Jul. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Jul. 2023 )  (A: Jul. 2022 )(A: Jul. 2023 )
=-7.258/( ( (6.224 - 3.556) + (10.139 - 3.921) )/ 2 )
=-7.258/( (2.668+6.218)/ 2 )
=-7.258/4.443
=-163.36 %

GreenBank Capital's ROCE % of for the quarter that ended in Apr. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Apr. 2024 )  (Q: Jan. 2024 )(Q: Apr. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Apr. 2024 )  (Q: Jan. 2024 )(Q: Apr. 2024 )
=-0.748/( ( (9.69 - 4.091) + (9.696 - 4.437) )/ 2 )
=-0.748/( ( 5.599 + 5.259 )/ 2 )
=-0.748/5.429
=-13.78 %

(1) Note: The EBIT data used here is four times the quarterly (Apr. 2024) 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 -13.78% mean?
GreenBank Capital (GRNBF) has a ROCE % of -13.78% as of Apr. 2024.
Is GreenBank Capital's ROCE % too high?
GreenBank Capital's current ROCE % is -13.78%.
How does GreenBank Capital's ROCE % compare to CCTL and BEGI?
GreenBank Capital's ROCE % of -13.78% can be compared against companies in the Capital Markets industry. The industry median ROCE % is 5.58. 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 Capital Markets company?
The median ROCE % among Capital Markets companies is 5.58, based on 690 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 Capital Markets industry, the median ROCE % is 5.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GreenBank Capital's current ROCE % is -13.78%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GreenBank Capital stock overvalued right now?
GreenBank Capital (GRNBF) has a current ROCE % of -13.78%. The current ROCE % is -13.78%. 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 GreenBank Capital (GRNBF), the current ROCE % is -13.78% as of Apr. 2024. 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.

GreenBank Capital Business Description

Address 100 King Street West, Suite 5700, Toronto, ON, CAN, M5X 1C7
GreenBank Capital Inc is a merchant bank. The company's operating segment include investments, software development, and mineral exploration. The company derives maximum revenue from investments. The company specializes in private equity, public listings, pre-IPO funding, corporate restructuring, mergers and acquisitions, reverse mergers, and business incubating.