SKYI (Sky Century Investment) ROCE % : 0.00% (As of May. 2015)

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What is Sky Century Investment 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. Sky Century Investment's annualized ROCE % for the quarter that ended in May. 2015 was 0.00%.

Sky Century Investment ROCE % Historical Data

The historical data trend for Sky Century Investment'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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Sky Century Investment ROCE % Chart

Sky Century Investment Annual Data

Trend

May12

May13

May14

May15

ROCE %

-50.00

Sky Century Investment Semi-Annual Data
	May12	May13	May14	May15
ROCE %	-50.00	-	-	-

Sky Century Investment ROCE % Calculation

Sky Century Investment's annualized ROCE % for the fiscal year that ended in May. 2015 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: May. 2015 )		(A: May. 2014 )		(A: May. 2015 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: May. 2015 )		(A: May. 2014 )		(A: May. 2015 )
	=	-0.026	/	( ( (0.001 - 0.032)	+	(0 - 0.032) )	/ 2 )
	=	-0.026	/	( (-0.031	+	-0.032)	/ 2 )
	=	-0.026	/	-0.0315
	=	82.54 %

Sky Century Investment's ROCE % of for the quarter that ended in May. 2015 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: May. 2015 )		(Q: May. 2014 )		(Q: May. 2015 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: May. 2015 )		(Q: May. 2014 )		(Q: May. 2015 )
	=	-0.026	/	( ( (0.001 - 0.032)	+	(0 - 0.032) )	/ 2 )
	=	-0.026	/	( ( -0.031	+	-0.032 )	/ 2 )
	=	-0.026	/	-0.0315
	=	0 %

(1) Note: The EBIT data used here is one times the annual (May. 2015) EBIT data.

Sky Century Investment (OTCPK:SKYI) 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.

Sky Century Investment ROCE % Related Terms

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Sky Century Investment Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Sky Century Investment Inc (OTCPK:SKYI) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

220 Emerald Vista Way, No. 233, Las Vegas, NV, USA, 89144

Website

https://www.skygcbd.com

Sky Century Investment Inc engaged in Cannabis News Application offers real-time updates and industry insights by aggregating cannabis-related news. The Company provides customizable RSS feeds of cannabis news to diverse entities, ensuring access to breaking news, market analysis, and industry trends. It also offers marketing services, including internet marketing and podcast directory solutions, helping businesses reach their target audience and achieve their marketing goals.

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