MNIZ (Gen2 Technologies) ROCE % : 0.00% (As of Oct. 2017)

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What is Gen2 Technologies 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. Gen2 Technologies's annualized ROCE % for the quarter that ended in Oct. 2017 was 0.00%.

Gen2 Technologies ROCE % Historical Data

The historical data trend for Gen2 Technologies'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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Gen2 Technologies ROCE % Chart

Gen2 Technologies Annual Data

Trend

Apr11

Apr12

Apr13

Apr14

Apr15

Apr16

Apr17

ROCE %

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Gen2 Technologies Quarterly Data
	Jan13	Apr13	Jul13	Oct13	Jan14	Apr14	Jul14	Oct14	Jan15	Apr15	Jul15	Oct15	Jan16	Apr16	Jul16	Oct16	Jan17	Apr17	Jul17	Oct17
ROCE %	Get a 7-Day Free Trial															-245.84	-44.03	-	-	-

Gen2 Technologies ROCE % Calculation

Gen2 Technologies's annualized ROCE % for the fiscal year that ended in Apr. 2017 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Apr. 2017 )		(A: Apr. 2016 )		(A: Apr. 2017 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Apr. 2017 )		(A: Apr. 2016 )		(A: Apr. 2017 )
	=	-0.893	/	( ( (0.01 - 0.372)	+	(0.035 - 3.139) )	/ 2 )
	=	-0.893	/	( (-0.362	+	-3.104)	/ 2 )
	=	-0.893	/	-1.733
	=	51.53 %

Gen2 Technologies's ROCE % of for the quarter that ended in Oct. 2017 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Oct. 2017 )		(Q: Jul. 2017 )		(Q: Oct. 2017 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Oct. 2017 )		(Q: Jul. 2017 )		(Q: Oct. 2017 )
	=	-0.352	/	( ( (0.008 - 0.978)	+	(0.034 - 1.051) )	/ 2 )
	=	-0.352	/	( ( -0.97	+	-1.017 )	/ 2 )
	=	-0.352	/	-0.9935
	=	0 %

(1) Note: The EBIT data used here is four times the quarterly (Oct. 2017) EBIT data.

Gen2 Technologies (OTCPK:MNIZ) 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.

Gen2 Technologies ROCE % Related Terms

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Gen2 Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Gen2 Technologies Inc (OTCPK:MNIZ) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

1955 Baring Boulvard, Suite A, Sparks, NV, USA, 89434

Website

http://www.gen2technologies.com

Gen2 Technologies Inc is the next generation in live-action broadcasting technology. It is a full-service provider geared to professional leagues and athletes, whether it be traditional sports, extreme sports, or esports, that allows fans to watch them in action from perspectives that do not exist.