Innovest Global (Innovest Global) ROCE % : 0.00% (As of Jun. 2009)

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What is Innovest Global 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. Innovest Global's annualized ROCE % for the quarter that ended in Jun. 2009 was 0.00%.

Innovest Global ROCE % Historical Data

The historical data trend for Innovest Global'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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Innovest Global ROCE % Chart

Innovest Global Annual Data

Trend

Dec03

Dec04

Dec05

Dec06

Dec07

Dec08

ROCE %

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23.46

-112.61

57.14

-4,501.41

-20.47

Innovest Global Quarterly Data
	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09
ROCE %	Get a 7-Day Free Trial															470.59	271.63	-344.57	-	-

Innovest Global ROCE % Calculation

Innovest Global's annualized ROCE % for the fiscal year that ended in Dec. 2008 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2008 )		(A: Dec. 2007 )		(A: Dec. 2008 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2008 )		(A: Dec. 2007 )		(A: Dec. 2008 )
	=	-0.013	/	( ( (0.447 - 0.428)	+	(1.897 - 1.789) )	/ 2 )
	=	-0.013	/	( (0.019	+	0.108)	/ 2 )
	=	-0.013	/	0.0635
	=	-20.47 %

Innovest Global's ROCE % of for the quarter that ended in Jun. 2009 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2009 )		(Q: Mar. 2009 )		(Q: Jun. 2009 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2009 )		(Q: Mar. 2009 )		(Q: Jun. 2009 )
	=	-0.46	/	( ( (2.232 - 2.474)	+	(2.273 - 2.864) )	/ 2 )
	=	-0.46	/	( ( -0.242	+	-0.591 )	/ 2 )
	=	-0.46	/	-0.4165
	=	0 %

(1) Note: The EBIT data used here is four times the quarterly (Jun. 2009) EBIT data.

Innovest Global (OTCPK:IVST) 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.

Innovest Global ROCE % Related Terms

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Innovest Global (Innovest Global) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Innovest Global Inc (OTCPK:IVST) » Definitions » ROCE %

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Traded in Other Exchanges

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Address

8834 Mayfield Road, Chesterland, OH, USA, 44026

Website

https://www.innovestglobal.com

Innovest Global Inc is a diversified Industrial company. It operates in six segments: Energy Solutions, which provides an all-in-one offering of procurement and efficiency solutions for commercial and industrial customers, including LED lighting and retrofits; Energy Brokerage segment provides competitive electricity and natural gas purchase programs for residential and commercial consumers; Call Center Services; Building Solutions segment designs, engineers, tests and assembles curtainwall systems or other building solutions used in large custom construction projects; Wholesale Purchasing, which acts as a national distributor of roofing, windows, fasteners, and associated tools and accessories; and Others segment.