Zitto (ZTTO) ROCE %: 0.00% (As of May. 2014)


What is Zitto ROCE %?

Zitto ZTTO ROCE % is 0.00% as of May. 2014.

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. Zitto's annualized ROCE % for the quarter that ended in May. 2014 was 0.00%.

Zitto  (OTCPK:ZTTO) 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.

Zitto ROCE % Related Terms

Zitto ROCE % Historical Data

* Premium members only.

The historical data trend for Zitto'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.

Zitto ROCE % Chart

Zitto Annual Data
Trend Aug10 Aug11 Aug12 Aug13
ROCE %
0.00 -408.00 0.00 0.00

Zitto Quarterly Data
Aug10 Nov10 Feb11 May11 Aug11 Nov11 Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Zitto ROCE % Calculation

Zitto's annualized ROCE % for the fiscal year that ended in Aug. 2013 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Aug. 2013 )  (A: Aug. 2012 )(A: Aug. 2013 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Aug. 2013 )  (A: Aug. 2012 )(A: Aug. 2013 )
=-0.222/( ( (0 - 0.091) + (0.015 - 0.25) )/ 2 )
=-0.222/( (-0.091+-0.235)/ 2 )
=-0.222/-0.163
=136.20 %

Zitto's ROCE % of for the quarter that ended in May. 2014 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: May. 2014 )  (Q: Feb. 2014 )(Q: May. 2014 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: May. 2014 )  (Q: Feb. 2014 )(Q: May. 2014 )
=-0.424/( ( (0.864 - 1.229) + (0.107 - 0.482) )/ 2 )
=-0.424/( ( -0.365 + -0.375 )/ 2 )
=-0.424/-0.37
=0 %

(1) Note: The EBIT data used here is four times the quarterly (May. 2014) EBIT data.

* 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 0.00% mean?
Zitto (ZTTO) has a ROCE % of 0.00% as of May. 2014.
Is Zitto's ROCE % too high?
Zitto's current ROCE % is 0.00%.
How does Zitto's ROCE % compare to AHAD and BLAIF?
Zitto's ROCE % of 0.00% can be compared against companies in the Diversified Financial Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Diversified Financial Services company?
A good ROCE % depends on the Diversified Financial Services industry context. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. Zitto's current ROCE % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zitto stock overvalued right now?
Zitto (ZTTO) has a current ROCE % of 0.00%. The current ROCE % is 0.00%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Zitto (ZTTO), the current ROCE % is 0.00% as of May. 2014. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Zitto Business Description

Address 807 E 12th Street, Suite 112, Los Angeles, CA, USA, 90021
Zitto Inc is engaged in the wholesale distribution of women's apparel.