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SKY440 (SKY440) ROCE % : 0.00% (As of . 20)


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What is SKY440 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. SKY440's annualized ROCE % for the quarter that ended in . 20 was 0.00%.

SKY440 ROCE % Historical Data

The historical data trend for SKY440'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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SKY440 ROCE % Chart

SKY440 Annual Data
Trend
ROCE %

SKY440 Quarterly Data
ROCE %

SKY440 ROCE % Calculation

SKY440's annualized ROCE % for the fiscal year that ended in . 20 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=/( ( ( - ) + ( - ) )/ )
=/( (+)/ )
=/
= %

SKY440's ROCE % of for the quarter that ended in . 20 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=/( ( ( - ) + ( - ) )/ )
=/( ( + )/ )
=/
= %

(1) Note: The EBIT data used here is four times the quarterly (. 20) 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.

SKY440  (OTCPK:SKYF) 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.

SKY440 ROCE % Related Terms

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SKY440 (SKY440) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » SKY440 Inc (OTCPK:SKYF) » Definitions » ROCE %
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Traded in Other Exchanges
N/A
Address
300 Spectrum Center Drive, Suite 400, Irvine, CA, USA, 92618
Website
http://www.sky440.com
SKY440 Inc is a development stage company. It operates in products development and Horticulture development divisions. The products development division is planning to acquire and develop consumer-ready products and services. The Horticulture development division focuses on the development, manufacturing, sale, and servicing of Grow Vessel product line as well as branded products and consulting services, crypto data development compliance, real property and international.