Salon City (Salon City) ROCE % : 0.00% (As of Sep. 2008)

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What is Salon City 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. Salon City's annualized ROCE % for the quarter that ended in Sep. 2008 was 0.00%.

Salon City ROCE % Historical Data

The historical data trend for Salon City'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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Salon City ROCE % Chart

Salon City Annual Data

Trend

Dec06

Dec07

ROCE %

Salon City Quarterly Data
	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08
ROCE %	Get a 7-Day Free Trial			-	-	-	-	-

Salon City ROCE % Calculation

Salon City's annualized ROCE % for the fiscal year that ended in Dec. 2007 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2007 )		(A: Dec. 2006 )		(A: Dec. 2007 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2007 )		(A: Dec. 2006 )		(A: Dec. 2007 )
	=	-0.81	/	( ( (0.213 - 0.278)	+	(0.129 - 0.727) )	/ 2 )
	=	-0.81	/	( (-0.065	+	-0.598)	/ 2 )
	=	-0.81	/	-0.3315
	=	244.34 %

Salon City's ROCE % of for the quarter that ended in Sep. 2008 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2008 )		(Q: Jun. 2008 )		(Q: Sep. 2008 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2008 )		(Q: Jun. 2008 )		(Q: Sep. 2008 )
	=	-0.156	/	( ( (0.196 - 0.79)	+	(0.214 - 0.853) )	/ 2 )
	=	-0.156	/	( ( -0.594	+	-0.639 )	/ 2 )
	=	-0.156	/	-0.6165
	=	0 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2008) EBIT data.

Salon City (OTCPK:SALN) 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.

Salon City ROCE % Related Terms

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Salon City (Salon City) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Salon City Inc (OTCPK:SALN) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

909 North Palm Avenue, Suite 311, West Hollywood, CA, USA, 90069

Website

http://www.saloncity.com

Salon City Inc is engaged in the beauty industry through its media and network. Geographically the business presence of the group are seen in United States and internationally.

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