3D Pioneer Systems (3D Pioneer Systems) ROCE %

: -562.50% (As of Jul. 2013)

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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. 3D Pioneer Systems's annualized ROCE % for the quarter that ended in Jul. 2013 was -562.50%.

3D Pioneer Systems ROCE % Historical Data

The historical data trend for 3D Pioneer Systems'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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3D Pioneer Systems Annual Data

Trend

Jul12

Jul13

ROCE %

-5.88

-562.50

3D Pioneer Systems Semi-Annual Data
	Jul12	Jul13
ROCE %	-5.88	-562.50

3D Pioneer Systems ROCE % Calculation

3D Pioneer Systems's annualized ROCE % for the fiscal year that ended in Jul. 2013 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jul. 2013 )		(A: Jul. 2012 )		(A: Jul. 2013 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jul. 2013 )		(A: Jul. 2012 )		(A: Jul. 2013 )
	=	-0.045	/	( ( (0.02 - 0.003)	+	(0.002 - 0.003) )	/ 2 )
	=	-0.045	/	( (0.017	+	-0.001)	/ 2 )
	=	-0.045	/	0.008
	=	-562.50 %

3D Pioneer Systems's ROCE % of for the quarter that ended in Jul. 2013 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jul. 2013 )		(Q: Jul. 2012 )		(Q: Jul. 2013 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jul. 2013 )		(Q: Jul. 2012 )		(Q: Jul. 2013 )
	=	-0.045	/	( ( (0.02 - 0.003)	+	(0.002 - 0.003) )	/ 2 )
	=	-0.045	/	( ( 0.017	+	-0.001 )	/ 2 )
	=	-0.045	/	0.008
	=	-562.50 %

(1) Note: The EBIT data used here is one times the annual (Jul. 2013) EBIT data.

3D Pioneer Systems (OTCPK:DPSM) 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.

3D Pioneer Systems ROCE % Related Terms

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3D Pioneer Systems (3D Pioneer Systems) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » 3D Pioneer Systems Inc (OTCPK:DPSM) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

3651 Lindell Road, Suite D643, Las Vegas, NV, USA, 89103

Website

http://www.3dpioneersystemsinc.com

3D Pioneer Systems Inc is a developmental stage company and plans to operate as a diversified technology company focused on delivering true plug and play 3d printers and printer applications.

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