RCTY (Rocket City Enterprises) ROCE % : 0.00% (As of . 20)

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What is Rocket City Enterprises 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. Rocket City Enterprises's annualized ROCE % for the quarter that ended in . 20 was 0.00%.

Rocket City Enterprises ROCE % Historical Data

The historical data trend for Rocket City Enterprises'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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Rocket City Enterprises ROCE % Chart

Rocket City Enterprises Annual Data

Trend

ROCE %

Rocket City Enterprises Quarterly Data

ROCE %

Rocket City Enterprises ROCE % Calculation

Rocket City Enterprises's annualized ROCE % for the fiscal year that ended in . 20 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: . 20 )		(A: . 20 )		(A: . 20 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: . 20 )		(A: . 20 )		(A: . 20 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

Rocket City Enterprises's ROCE % of for the quarter that ended in . 20 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: . 20 )		(Q: . 20 )		(Q: . 20 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: . 20 )		(Q: . 20 )		(Q: . 20 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

(1) Note: The EBIT data used here is four times the quarterly (. 20) EBIT data.

Rocket City Enterprises (GREY:RCTY) 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.

Rocket City Enterprises ROCE % Related Terms

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Rocket City Enterprises Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Rocket City Enterprises Inc (GREY:RCTY) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

6200 Lee Vista Boulevard, Suite 100, Orlando, FL, USA, 32822

Website

Rocket City Enterprises Inc is engaged in creating and implementing initiatives aimed at capitalizing on the automotive retailing industry specifically by generating revenues streams through eBay, eBay Motors and others.

Rocket City Enterprises Headlines

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