Spectrum Group International (Spectrum Group International) ROCE % : -7.17% (As of Dec. 2013)

View and export this data going back to 1993. Start your Free Trial

What is Spectrum Group International 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. Spectrum Group International's annualized ROCE % for the quarter that ended in Dec. 2013 was -7.17%.

Spectrum Group International ROCE % Historical Data

The historical data trend for Spectrum Group International'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.

* Premium members only.

Spectrum Group International ROCE % Chart

Spectrum Group International Annual Data

Trend

Jun02

Jun03

Jun04

Jun05

Jun08

Jun09

Jun10

Jun11

Jun12

Jun13

ROCE %

Get a 7-Day Free Trial

18.87

4.42

11.25

11.56

8.70

Spectrum Group International Quarterly Data
	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13
ROCE %	Get a 7-Day Free Trial															7.90	9.44	20.63	11.34	-7.17

Spectrum Group International ROCE % Calculation

Spectrum Group International's annualized ROCE % for the fiscal year that ended in Jun. 2013 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2013 )		(A: Jun. 2012 )		(A: Jun. 2013 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2013 )		(A: Jun. 2012 )		(A: Jun. 2013 )
	=	9.543	/	( ( (394.211 - 273.582)	+	(371.375 - 272.585) )	/ 2 )
	=	9.543	/	( (120.629	+	98.79)	/ 2 )
	=	9.543	/	109.7095
	=	8.70 %

Spectrum Group International's ROCE % of for the quarter that ended in Dec. 2013 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2013 )		(Q: Sep. 2013 )		(Q: Dec. 2013 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2013 )		(Q: Sep. 2013 )		(Q: Dec. 2013 )
	=	-7.04	/	( ( (357.456 - 257.787)	+	(348.641 - 251.877) )	/ 2 )
	=	-7.04	/	( ( 99.669	+	96.764 )	/ 2 )
	=	-7.04	/	98.2165
	=	-7.17 %

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

Spectrum Group International (OTCPK:SPGZ) 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.

Spectrum Group International ROCE % Related Terms

Thank you for viewing the detailed overview of Spectrum Group International's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Spectrum Group International (Spectrum Group International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Spectrum Group International Inc (OTCPK:SPGZ) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1063 McGaw, Suite 250, Irvine, CA, USA, 92614

Website

http://www.spectrumgi.com

Spectrum Group International Inc is an auctioneer of stamps, coins, arms, armor and militaria, and other memorabilia, targeting both collectors and dealers. It operates in two segments: Trading and Collectibles.The Trading segment operates through A-Mar.

Executives

Gregory N Roberts	director, 10 percent owner, officer: President and CEO	2625 ST ANDREWS, TUSTIN CA 92660
Carol Meltzer	officer: General Counsel and EVP	775 PASSAIC AVE, WEST CALDWELL NJ 07006
Jeffrey D Benjamin	director	9 WEST 57TH STREET, 43TH FLOOR, NEW YORK NY 10019
William A Richardson	10 percent owner	2880 LAS VEGAS BLVD SOUTH, LAS VEGAS NV 89109
William Montgomery	director	767 FIFTH AVENUE, 19TH FLOOR, NEW YORK NY 10153
Joel R Anderson	director	202 NORTH COURT STREET, FLORENCE AL 35630
Ellis Landau	director	CO PINNACLE ENTERTAINMENT INC, 8918 SPANISH RIDGE AVENUE, LAS VEGAS NV 89148
Jess M Ravich	director	11766 WILSHIRE BOULEVARD, SUITE 870, LOS ANGELES CA 90025
Silver Bow Ventures Llc	10 percent owner	C/O SPECTRUM GROUP INTERNATIONAL, 1063 MCGAW, IRVINE CA 92614
Moorhead John	director	5 FRANCIS J. CLARKE CIRCLE, BETHEL CT 06801
Nolan Christopher William Sr	director	15 TILGHMAN DRIVE, WAYNE NJ 07470
Thor Gjerdrum	officer: Chief Financial Officer & EVP	5 FRANCIS J. CLARKE CIRCLE, BETHEL CT 06801
Mark B Segall	director	251 WEST 89TH STREET APT 20, NEW YORK NY 10024
Matthew M Walsh	officer: CFO AND EXE. V.P.	ALLERGAN, 5 GIRALDA FARMS, MADISON NJ 07940

Spectrum Group International (Spectrum Group International) Headlines

No Headlines