Eyes on the Go (Eyes on the Go) ROCE % : 0.00% (As of Sep. 2014)

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

What is Eyes on the Go 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. Eyes on the Go's annualized ROCE % for the quarter that ended in Sep. 2014 was 0.00%.

Eyes on the Go ROCE % Historical Data

The historical data trend for Eyes on the Go'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.

Eyes on the Go ROCE % Chart

Eyes on the Go Annual Data

Trend

Dec11

Dec12

Dec13

ROCE %

Eyes on the Go Quarterly Data
	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14
ROCE %	Get a 7-Day Free Trial										-	-	-	-	-

Eyes on the Go ROCE % Calculation

Eyes on the Go's annualized ROCE % for the fiscal year that ended in Dec. 2013 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2013 )		(A: Dec. 2012 )		(A: Dec. 2013 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2013 )		(A: Dec. 2012 )		(A: Dec. 2013 )
	=	-1.38	/	( ( (0.04 - 0.967)	+	(0.085 - 2.688) )	/ 2 )
	=	-1.38	/	( (-0.927	+	-2.603)	/ 2 )
	=	-1.38	/	-1.765
	=	78.19 %

Eyes on the Go's ROCE % of for the quarter that ended in Sep. 2014 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2014 )		(Q: Jun. 2014 )		(Q: Sep. 2014 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2014 )		(Q: Jun. 2014 )		(Q: Sep. 2014 )
	=	-1.02	/	( ( (0.197 - 6.715)	+	(0.224 - 6.833) )	/ 2 )
	=	-1.02	/	( ( -6.518	+	-6.609 )	/ 2 )
	=	-1.02	/	-6.5635
	=	0 %

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

Eyes on the Go (GREY:AXCG) 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.

Eyes on the Go ROCE % Related Terms

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

Eyes on the Go (Eyes on the Go) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Eyes on the Go Inc (GREY:AXCG) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

40 Fulton Street, 24th Floor, New York, NY, USA, 100389

Website

http://www.eyesonthego.com

Eyes on the Go Inc is engaged in designing, implementing, and providing services related to the remote monitoring of businesses and other facilities. The company provides online streaming videos and audio images from bars, restaurants, performance spaces, and clubs to consumers through a website called gander.tv.

Eyes on the Go (Eyes on the Go) Headlines

No Headlines