Divide Drives (Divide Drives) ROCE % : 0.00% (As of . 20)

View and export this data going back to 2014. Start your Free Trial

What is Divide Drives 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. Divide Drives's annualized ROCE % for the quarter that ended in . 20 was 0.00%.

Divide Drives ROCE % Historical Data

The historical data trend for Divide Drives'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.

Divide Drives ROCE % Chart

Divide Drives Annual Data

Trend

ROCE %

Divide Drives Semi-Annual Data

ROCE %

Divide Drives ROCE % Calculation

Divide Drives's annualized ROCE % for the fiscal year that ended in . 20 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: . 20 )		(A: . 20 )		(A: . 20 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: . 20 )		(A: . 20 )		(A: . 20 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

Divide Drives's ROCE % of for the quarter that ended in . 20 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: . 20 )		(Q: . 20 )		(Q: . 20 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: . 20 )		(Q: . 20 )		(Q: . 20 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

(1) Note: The EBIT data used here is one times the annual (. 20) EBIT data.

Divide Drives (OTCPK:DVDR) 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.

Divide Drives ROCE % Related Terms

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

Divide Drives (Divide Drives) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Divide Drives Inc (OTCPK:DVDR) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1416 Perrys Hollow Road, Salt Lake City, UT, USA, 84103

Website

Divide Drives Inc is a blank check company.

Divide Drives (Divide Drives) Headlines

No Headlines