Itonis (Itonis) ROCE % : 0.00% (As of Feb. 2008)

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What is Itonis 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. Itonis's annualized ROCE % for the quarter that ended in Feb. 2008 was 0.00%.

Itonis ROCE % Historical Data

The historical data trend for Itonis'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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Itonis ROCE % Chart

Itonis Annual Data

Trend

Nov05

Nov06

Nov07

ROCE %

-106.31

Itonis Quarterly Data
	Nov05	Feb06	May06	Aug06	Nov06	Feb07	May07	Aug07	Nov07	Feb08
ROCE %	Get a 7-Day Free Trial					-	-	-	-	-

Itonis ROCE % Calculation

Itonis's annualized ROCE % for the fiscal year that ended in Nov. 2007 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Nov. 2007 )		(A: Nov. 2006 )		(A: Nov. 2007 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Nov. 2007 )		(A: Nov. 2006 )		(A: Nov. 2007 )
	=	-1.322	/	( ( (0.08 - 0.475)	+	(0.025 - 1.106) )	/ 2 )
	=	-1.322	/	( (-0.395	+	-1.081)	/ 2 )
	=	-1.322	/	-0.738
	=	179.13 %

Itonis's ROCE % of for the quarter that ended in Feb. 2008 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Feb. 2008 )		(Q: Nov. 2007 )		(Q: Feb. 2008 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Feb. 2008 )		(Q: Nov. 2007 )		(Q: Feb. 2008 )
	=	-1.668	/	( ( (0.025 - 1.106)	+	(1.11 - 1.177) )	/ 2 )
	=	-1.668	/	( ( -1.081	+	-0.067 )	/ 2 )
	=	-1.668	/	-0.574
	=	0 %

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

Itonis (OTCPK:ITNS) 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.

Itonis ROCE % Related Terms

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Itonis (Itonis) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » Itonis Inc (OTCPK:ITNS) » Definitions » ROCE %

Comparable Companies

FZMD SNYR SGMFF PMC EBOSF OMI UDHCF PBH PDCO SHPMY SHTDY HSIC ABC CAH MCK

Traded in Other Exchanges

N/A

Address

22600-C Lambert Street, Suite 902, Lake Forest, CA, USA, 92630

Website

http://www.itonisholdings.com

Itonis Inc is a development-stage company. It operates as a holding company, which engages in the development and distribution of products to the medical and pharmaceutical industry. It is presently focused on marketing its Emesyl homeopathic anti-nausea product for retail sale. It produces and markets over-the-counter and prescription homeopathic preparations to treat both common ailments and chronic diseases.

Itonis (Itonis) Headlines

From GuruFocus

Itonis, Inc. announces “Emesyl® Plus” homeopathic nasal spray containing Premium Hemp Oil

By Marketwired Marketwired • 09-26-2018