KYN Capital Group (KYN Capital Group) ROCE % : 9.67% (As of Sep. 2010)

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What is KYN Capital Group 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. KYN Capital Group's annualized ROCE % for the quarter that ended in Sep. 2010 was 9.67%.

KYN Capital Group ROCE % Historical Data

The historical data trend for KYN Capital Group'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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KYN Capital Group ROCE % Chart

KYN Capital Group Annual Data

Trend

Dec05

Dec06

Dec07

Dec08

Dec09

ROCE %

13.30

11.96

10.17

11.01

9.60

KYN Capital Group Quarterly Data
	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10
ROCE %	Get a 7-Day Free Trial														10.69	11.76	8.97	8.94	9.67

KYN Capital Group ROCE % Calculation

KYN Capital Group's annualized ROCE % for the fiscal year that ended in Dec. 2009 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2009 )		(A: Dec. 2008 )		(A: Dec. 2009 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2009 )		(A: Dec. 2008 )		(A: Dec. 2009 )
	=	3.435	/	( ( (40.554 - 6.149)	+	(44.599 - 7.451) )	/ 2 )
	=	3.435	/	( (34.405	+	37.148)	/ 2 )
	=	3.435	/	35.7765
	=	9.60 %

KYN Capital Group's ROCE % of for the quarter that ended in Sep. 2010 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2010 )		(Q: Jun. 2010 )		(Q: Sep. 2010 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2010 )		(Q: Jun. 2010 )		(Q: Sep. 2010 )
	=	3.8	/	( ( (46.724 - 8.052)	+	(48.406 - 8.498) )	/ 2 )
	=	3.8	/	( ( 38.672	+	39.908 )	/ 2 )
	=	3.8	/	39.29
	=	9.67 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2010) EBIT data.

KYN Capital Group (OTCPK:KYNC) 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.

KYN Capital Group ROCE % Related Terms

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KYN Capital Group (KYN Capital Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » KYN Capital Group Inc (OTCPK:KYNC) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

800 E College Parkway, Carson City, NV, USA, 89706

Website

https://www.kyncap.com

KYN Capital Group Inc through its wholly-owned subsidiary is involved in real estate acquisitions and asset-based lending. It specializes in acquiring real estate under market value, and the equity that is available for being taken out as capital to be re-invested into, asset-based lending. The company provides asset-based loans for companies and individuals that provide adequate, and suitable collateral for a loan.