Zero Gravity Solutions (Zero Gravity Solutions) ROCE % : -900.93% (As of Sep. 2019)

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What is Zero Gravity Solutions 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. Zero Gravity Solutions's annualized ROCE % for the quarter that ended in Sep. 2019 was -900.93%.

Zero Gravity Solutions ROCE % Historical Data

The historical data trend for Zero Gravity Solutions'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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Zero Gravity Solutions ROCE % Chart

Zero Gravity Solutions Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

ROCE %

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-1,342.72

-309.29

-525.21

Zero Gravity Solutions Quarterly Data
	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19
ROCE %	Get a 7-Day Free Trial															-	-	-	-	-900.93

Zero Gravity Solutions ROCE % Calculation

Zero Gravity Solutions's annualized ROCE % for the fiscal year that ended in Dec. 2018 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2018 )		(A: Dec. 2017 )		(A: Dec. 2018 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2018 )		(A: Dec. 2017 )		(A: Dec. 2018 )
	=	-4.7	/	( ( (0.74 - 1.525)	+	(0.552 - 3.153) )	/ 2 )
	=	-4.7	/	( (-0.785	+	-2.601)	/ 2 )
	=	-4.7	/	-1.693
	=	277.61 %

Zero Gravity Solutions's ROCE % of for the quarter that ended in Sep. 2019 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2019 )		(Q: Jun. 2019 )		(Q: Sep. 2019 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2019 )		(Q: Jun. 2019 )		(Q: Sep. 2019 )
	=	-4.356	/	( ( (2.375 - 1.244)	+	(1.077 - 1.241) )	/ 2 )
	=	-4.356	/	( ( 1.131	+	-0.164 )	/ 2 )
	=	-4.356	/	0.4835
	=	-900.93 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2019) EBIT data.

Zero Gravity Solutions (OTCPK:ZGSI) 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.

Zero Gravity Solutions ROCE % Related Terms

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Zero Gravity Solutions (Zero Gravity Solutions) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Zero Gravity Solutions Inc (OTCPK:ZGSI) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

190 North West Spanish River Boulevard, Boca Raton, FL, USA, 33431

Website

http://www.zerogsi.com

Zero Gravity Solutions Inc is a developer of a biotechnology company focused on safe and sustainable agriculture. The company uses a plant priming technology that harnesses natural physiology, enabling farmers to sustainably improve crop yields, mitigate disease, and increase profitability.

Executives

Michael T Smith	director	190 NW SPANISH RIVER BOULEVARD, SUITE 101, BOCA RATON FL 33431
Ed Cowle	director	6 EAST 45TH ST., SUITE 1000, NEW YORK NY 10017
H Deworth Williams	director	2681 EAST PARLEYS WAY, SUITE #204, SALT LAKE CITY UT 84109
Harvey N Kaye	director, officer: Chairman	190 NW SPANISH RIVER BLVD., SUITE 101, BOCA RATON FL 33431

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