Sipp Industries (Sipp Industries) ROCE % : 0.00% (As of Dec. 2006)

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What is Sipp Industries 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. Sipp Industries's annualized ROCE % for the quarter that ended in Dec. 2006 was 0.00%.

Sipp Industries ROCE % Historical Data

The historical data trend for Sipp Industries'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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Sipp Industries ROCE % Chart

Sipp Industries Annual Data

Trend

Dec04

Dec05

Dec06

ROCE %

Sipp Industries Semi-Annual Data
	Dec04	Dec05	Dec06
ROCE %	-	-	-

Sipp Industries ROCE % Calculation

Sipp Industries's annualized ROCE % for the fiscal year that ended in Dec. 2006 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2006 )		(A: Dec. 2005 )		(A: Dec. 2006 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2006 )		(A: Dec. 2005 )		(A: Dec. 2006 )
	=	0	/	( ( (0 - 0.009)	+	(0 - 0.006) )	/ 2 )
	=	0	/	( (-0.009	+	-0.006)	/ 2 )
	=	0	/	-0.0075
	=	0.00 %

Sipp Industries's ROCE % of for the quarter that ended in Dec. 2006 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2006 )		(Q: Dec. 2005 )		(Q: Dec. 2006 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2006 )		(Q: Dec. 2005 )		(Q: Dec. 2006 )
	=	0	/	( ( (0 - 0.009)	+	(0 - 0.006) )	/ 2 )
	=	0	/	( ( -0.009	+	-0.006 )	/ 2 )
	=	0	/	-0.0075
	=	0 %

(1) Note: The EBIT data used here is one times the annual (Dec. 2006) EBIT data.

Sipp Industries (OTCPK:SIPC) 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.

Sipp Industries ROCE % Related Terms

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Sipp Industries (Sipp Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Sipp Industries Inc (OTCPK:SIPC) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

600 Anton Boulevard, Suite 1100, Costa Mesa, CA, USA, 92626

Website

http://www.sippindustries.com

Sipp Industries Inc is a is a brand owner of craft hemp beer and spirits. It forms strategic partnerships with craft breweries and distilleries to produce its products. The Company partners with local and national distributors to promote and market the beverages to events, bars, restaurants, lounges, clubs, and retail stores.