KVMD (Kelvin Medical) ROCE %: -1,157.89% (As of Mar. 2018)


What is Kelvin Medical ROCE %?

Kelvin Medical KVMD ROCE % is -1,157.89% as of Mar. 2018.

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. Kelvin Medical's annualized ROCE % for the quarter that ended in Mar. 2018 was -1,157.89%.

Kelvin Medical  (OTCPK:KVMD) 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.

Kelvin Medical ROCE % Related Terms

Kelvin Medical ROCE % Historical Data

* Premium members only.

The historical data trend for Kelvin Medical'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.

Kelvin Medical ROCE % Chart

Kelvin Medical Annual Data
Trend Jun16 Jun17
ROCE %
-112.50 -114.89

Kelvin Medical Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18
ROCE % Get a 7-Day Free Trial -74.42 -266.67 0.00 -894.12 -1,157.89

Kelvin Medical ROCE % Calculation

Kelvin Medical's annualized ROCE % for the fiscal year that ended in Jun. 2017 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Jun. 2017 )  (A: Jun. 2016 )(A: Jun. 2017 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Jun. 2017 )  (A: Jun. 2016 )(A: Jun. 2017 )
=-0.027/( ( (0.061 - 0.005) + (0.02 - 0.029) )/ 2 )
=-0.027/( (0.056+-0.009)/ 2 )
=-0.027/0.0235
=-114.89 %

Kelvin Medical's ROCE % of for the quarter that ended in Mar. 2018 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2018 )  (Q: Dec. 2017 )(Q: Mar. 2018 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2018 )  (Q: Dec. 2017 )(Q: Mar. 2018 )
=-0.22/( ( (0.087 - 0.043) + (0.037 - 0.043) )/ 2 )
=-0.22/( ( 0.044 + -0.006 )/ 2 )
=-0.22/0.019
=-1,157.89 %

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

* 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of -1,157.89% mean?
Kelvin Medical (KVMD) has a ROCE % of -1,157.89% as of Mar. 2018.
Is Kelvin Medical's ROCE % too high?
Kelvin Medical's current ROCE % is -1,157.89%.
How does Kelvin Medical's ROCE % compare to XTNT and ACRX?
Kelvin Medical's ROCE % of -1,157.89% can be compared against companies in the Medical Devices & Instruments industry. The industry median ROCE % is 2.23. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Medical Devices & Instruments company?
The median ROCE % among Medical Devices & Instruments companies is 2.23, based on 814 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Medical Devices & Instruments industry, the median ROCE % is 2.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kelvin Medical's current ROCE % is -1,157.89%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kelvin Medical stock overvalued right now?
Kelvin Medical (KVMD) has a current ROCE % of -1,157.89%. The current ROCE % is -1,157.89%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Kelvin Medical (KVMD), the current ROCE % is -1,157.89% as of Mar. 2018. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Kelvin Medical Business Description

Address 10930 Skyranch Place, Nevada, CA, USA, 95959
Kelvin Medical Inc is a consumer medical device company. It is engaged in the development, production, and sale of medical devices. The company intends to serve the healthcare services companies who specialize in the distribution of medical products, pharmacies, representatives and sporting goods stores. The company has developed the Therm-N-Ice is a wearable consumer medical device.