Dermisonics (Dermisonics) ROCE % : 0.00% (As of Jun. 2007)

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What is Dermisonics 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. Dermisonics's annualized ROCE % for the quarter that ended in Jun. 2007 was 0.00%.

Dermisonics ROCE % Historical Data

The historical data trend for Dermisonics'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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Dermisonics ROCE % Chart

Dermisonics Annual Data

Trend

Sep03

Sep04

Sep05

ROCE %

-300.00

-45.15

-35.09

Dermisonics Quarterly Data
	Sep03	Dec03	Mar04	Jun04	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07
ROCE %	Get a 7-Day Free Trial											-25.35	-28.58	-16.19	-24.63	-

Dermisonics ROCE % Calculation

Dermisonics's annualized ROCE % for the fiscal year that ended in Sep. 2005 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Sep. 2005 )		(A: Sep. 2004 )		(A: Sep. 2005 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Sep. 2005 )		(A: Sep. 2004 )		(A: Sep. 2005 )
	=	-6.2	/	( ( (19.449 - 2.076)	+	(19.915 - 1.953) )	/ 2 )
	=	-6.2	/	( (17.373	+	17.962)	/ 2 )
	=	-6.2	/	17.6675
	=	-35.09 %

Dermisonics's ROCE % of for the quarter that ended in Jun. 2007 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2007 )		(Q: Mar. 2007 )		(Q: Jun. 2007 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2007 )		(Q: Mar. 2007 )		(Q: Jun. 2007 )
	=	-1.656	/	( ( (0.059 - 5.078)	+	(0.035 - 1.983) )	/ 2 )
	=	-1.656	/	( ( -5.019	+	-1.948 )	/ 2 )
	=	-1.656	/	-3.4835
	=	0 %

(1) Note: The EBIT data used here is four times the quarterly (Jun. 2007) EBIT data.

Dermisonics (GREY:DMSI) 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.

Dermisonics ROCE % Related Terms

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Dermisonics (Dermisonics) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Dermisonics Inc (GREY:DMSI) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

2360 Corporate Circle, Henderson, NV, USA, 89074

Website

Dermisonics Inc is involved in the medical technology business.

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