The Graystone Co (The Graystone Co) ROCE % : 0.00% (As of Sep. 2013)

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What is The Graystone Co 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. The Graystone Co's annualized ROCE % for the quarter that ended in Sep. 2013 was 0.00%.

The Graystone Co ROCE % Historical Data

The historical data trend for The Graystone Co'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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The Graystone Co ROCE % Chart

The Graystone Co Annual Data

Trend

Dec10

Dec11

Dec12

ROCE %

88.89

-897.71

The Graystone Co Quarterly Data
	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13
ROCE %	Get a 7-Day Free Trial								-	-	-	-	-

The Graystone Co ROCE % Calculation

The Graystone Co's annualized ROCE % for the fiscal year that ended in Dec. 2012 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2012 )		(A: Dec. 2011 )		(A: Dec. 2012 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2012 )		(A: Dec. 2011 )		(A: Dec. 2012 )
	=	-3.575	/	( ( (0.452 - 0.025)	+	(0.136 - 0.582) )	/ 2 )
	=	-3.575	/	( (0.427	+	-0.446)	/ 2 )
	=	-3.575	/	-0.0095
	=	37,631.58 %

The Graystone Co's ROCE % of for the quarter that ended in Sep. 2013 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2013 )		(Q: Jun. 2013 )		(Q: Sep. 2013 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2013 )		(Q: Jun. 2013 )		(Q: Sep. 2013 )
	=	-69.92	/	( ( (0.148 - 0.76)	+	(0.202 - 0.833) )	/ 2 )
	=	-69.92	/	( ( -0.612	+	-0.631 )	/ 2 )
	=	-69.92	/	-0.6215
	=	0 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2013) EBIT data.

The Graystone Co (OTCPK:GYST) 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.

The Graystone Co ROCE % Related Terms

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The Graystone Co (The Graystone Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » The Graystone Co Inc (OTCPK:GYST) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

2620 Regatta Drive, Suite 102, Las Vegas, CO, USA, 89128

Website

http://www.graystone1.com

The Graystone Co Inc is a holding company. It is involved in acquiring and developing mining properties amenable to low production cost. The company's mining operations mainly focus on acquiring properties that require a lower capital investment. Its projects include Gorilla, Graystone II and Graystone III located in Loreto and Amazonas, Peru.