GRNL (Greenlite Ventures) ROCE %: 0.00% (As of Dec. 2012)

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What is Greenlite Ventures ROCE %?

Greenlite Ventures GRNL ROCE % is 0.00% as of Dec. 2012.

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. Greenlite Ventures's annualized ROCE % for the quarter that ended in Dec. 2012 was 0.00%.

Greenlite Ventures  (OTCPK:GRNL) 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.

Greenlite Ventures ROCE % Related Terms

Greenlite Ventures ROCE % Historical Data

* Premium members only.

The historical data trend for Greenlite Ventures'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.

Greenlite Ventures ROCE % Chart

Greenlite Ventures Annual Data
Trend Mar03 Mar04 Mar05 Mar06 Mar07 Mar08 Mar09 Mar10 Mar11 Mar12
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Greenlite Ventures Quarterly Data
Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12
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 0.00 0.00 0.00 0.00 0.00

Greenlite Ventures ROCE % Calculation

Greenlite Ventures's annualized ROCE % for the fiscal year that ended in Mar. 2012 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2012 )  (A: Mar. 2011 )(A: Mar. 2012 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2012 )  (A: Mar. 2011 )(A: Mar. 2012 )
=-0.2/( ( (0.064 - 0.223) + (0.165 - 0.164) )/ 2 )
=-0.2/( (-0.159+0.001)/ 2 )
=-0.2/-0.079
=253.16 %

Greenlite Ventures's ROCE % of for the quarter that ended in Dec. 2012 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2012 )  (Q: Sep. 2012 )(Q: Dec. 2012 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2012 )  (Q: Sep. 2012 )(Q: Dec. 2012 )
=-0.064/( ( (0.039 - 0.247) + (0.056 - 0.281) )/ 2 )
=-0.064/( ( -0.208 + -0.225 )/ 2 )
=-0.064/-0.2165
=0 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2012) 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 0.00% mean?
Greenlite Ventures (GRNL) has a ROCE % of 0.00% as of Dec. 2012.
Is Greenlite Ventures' ROCE % too high?
Greenlite Ventures' current ROCE % is 0.00%.
How does Greenlite Ventures' ROCE % compare to OCLN and HDII?
Greenlite Ventures' ROCE % of 0.00% can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median ROCE % is 6.33. 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 Manufacturing - Apparel & Accessories company?
The median ROCE % among Manufacturing - Apparel & Accessories companies is 6.33, based on 1,039 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 Manufacturing - Apparel & Accessories industry, the median ROCE % is 6.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Greenlite Ventures's current ROCE % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Greenlite Ventures stock overvalued right now?
Greenlite Ventures (GRNL) has a current ROCE % of 0.00%. The current ROCE % is 0.00%. 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 Greenlite Ventures (GRNL), the current ROCE % is 0.00% as of Dec. 2012. 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.

Greenlite Ventures Business Description

Address 1407 Foothill boulevard, Suite 305, La Verne, CA, USA, 91750
Greenlite Ventures Inc acquired Artinian LLC which owns Game Time Watches and Game Time Band, a manufacturer and designer of sports licensed watches and watch bands. The Company is conducting active operations as per the Assets Purchase Agreement in both Tarrytown, NY and Boca Raton, Florida. The company earns revenue from the sale of watches, the sale of watch bands, and licensing fees. The Company launched its podcast operations with the airing of DeForrest's Morning Briefing show alongside focusing on developing transformative software and crypto solutions for the gaming and crypto industries.