Drone Services USA (Drone Services USA) ROCE % : 0.00% (As of Mar. 2006)

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

What is Drone Services USA 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. Drone Services USA's annualized ROCE % for the quarter that ended in Mar. 2006 was 0.00%.

Drone Services USA ROCE % Historical Data

The historical data trend for Drone Services USA'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.

Drone Services USA ROCE % Chart

Drone Services USA Annual Data

Trend

Dec00

Dec01

Jun03

Jun04

Jun05

ROCE %

-536.48

Drone Services USA Quarterly Data
	Jun01	Sep01	Dec01	Mar02	Jun02	Sep02	Dec02	Mar03	Jun03	Sep03	Dec03	Mar04	Jun04	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06
ROCE %	Get a 7-Day Free Trial															-	-	-	-	-

Drone Services USA ROCE % Calculation

Drone Services USA's annualized ROCE % for the fiscal year that ended in Jun. 2005 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2005 )		(A: Jun. 2004 )		(A: Jun. 2005 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2005 )		(A: Jun. 2004 )		(A: Jun. 2005 )
	=	-0.255	/	( ( (0.543 - 5.223)	+	(0.039 - 5.889) )	/ 2 )
	=	-0.255	/	( (-4.68	+	-5.85)	/ 2 )
	=	-0.255	/	-5.265
	=	4.84 %

Drone Services USA's ROCE % of for the quarter that ended in Mar. 2006 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2006 )		(Q: Dec. 2005 )		(Q: Mar. 2006 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2006 )		(Q: Dec. 2005 )		(Q: Mar. 2006 )
	=	-0.004	/	( ( (0.033 - 6.016)	+	(0.032 - 6.076) )	/ 2 )
	=	-0.004	/	( ( -5.983	+	-6.044 )	/ 2 )
	=	-0.004	/	-6.0135
	=	0 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2006) EBIT data.

Drone Services USA (OTCPK:DSUS) 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.

Drone Services USA ROCE % Related Terms

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

Drone Services USA (Drone Services USA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Drone Services USA Inc (OTCPK:DSUS) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1421 N. Leroy Street, Suite 131, Fenton, WA, USA, 48430

Website

https://www.dsusa.us

Drone Services USA Inc is engaged in manufacturing & providing solutions for commercial duty aerial vehicle drones & related equipment for use in search & rescue, law enforcement, fire services, aerial inspection, wildlife monitoring, & anti-poaching.

Drone Services USA (Drone Services USA) Headlines

No Headlines