DATATRAK International (DATATRAK International) ROCE % : 56.84% (As of Jun. 2018)

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What is DATATRAK International 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. DATATRAK International's annualized ROCE % for the quarter that ended in Jun. 2018 was 56.84%.

DATATRAK International ROCE % Historical Data

The historical data trend for DATATRAK International'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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DATATRAK International ROCE % Chart

DATATRAK International Annual Data

Trend

Dec02

Dec03

Dec04

Dec05

Dec06

Dec07

Dec08

Dec12

Dec13

Dec14

ROCE %

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-43.70

-134.97

-86.48

-17.53

-93.32

DATATRAK International Quarterly Data
	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Dec12	Dec13	Sep14	Dec14	Sep15	Mar17	Jun17	Mar18	Jun18
ROCE %	Get a 7-Day Free Trial															-127.00	-	-	-38.41	56.84

DATATRAK International ROCE % Calculation

DATATRAK International's annualized ROCE % for the fiscal year that ended in Dec. 2014 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2014 )		(A: Dec. 2013 )		(A: Dec. 2014 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2014 )		(A: Dec. 2013 )		(A: Dec. 2014 )
	=	-1.279	/	( ( (5.042 - 4.363)	+	(6.185 - 4.123) )	/ 2 )
	=	-1.279	/	( (0.679	+	2.062)	/ 2 )
	=	-1.279	/	1.3705
	=	-93.32 %

DATATRAK International's ROCE % of for the quarter that ended in Jun. 2018 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2018 )		(Q: Mar. 2018 )		(Q: Jun. 2018 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2018 )		(Q: Mar. 2018 )		(Q: Jun. 2018 )
	=	0.644	/	( ( (5.397 - 4.262)	+	(5.012 - 3.881) )	/ 2 )
	=	0.644	/	( ( 1.135	+	1.131 )	/ 2 )
	=	0.644	/	1.133
	=	56.84 %

(1) Note: The EBIT data used here is four times the quarterly (Jun. 2018) EBIT data.

DATATRAK International (OTCPK:DTRK) 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.

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DATATRAK International (DATATRAK International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » DATATRAK International Inc (OTCPK:DTRK) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

3690 Orange Place, Suite 375, Beachwood, OH, USA, 44122

Website

https://www.datatrak.com

DATATRAK International Inc is a technology and services company that delivers eClinical solutions for the clinical trials industry. The services provided by the company include training services, cloud delivery, a learning center, trial design services, and others. The clinical solutions provided by the company include CTMS, EDC and Medical Coding, Risk-Based Monitoring, Randomization, and Medical Imaging Capture, and Training.

Executives

Raymond J. Merk	officer: VP of Finance,CFO & Treasurer	C/O RPT REALTY, 31500 NORTHWESTERN HIGHWAY, SUITE 300, FARMINGTON HILLS MI 48334
Mark J Ratain	director	5841 S MARYLAND AVE MC2115, CHICAGO IL 60637
Robert E Flaherty	director	377 PLANTATION ST, WORCESTER MA 01605