iNeedMD Holdings (iNeedMD Holdings) ROCE % : 0.00% (As of Mar. 2016)

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

What is iNeedMD Holdings 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. iNeedMD Holdings's annualized ROCE % for the quarter that ended in Mar. 2016 was 0.00%.

iNeedMD Holdings ROCE % Historical Data

The historical data trend for iNeedMD Holdings'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.

iNeedMD Holdings ROCE % Chart

iNeedMD Holdings Annual Data

Trend

Nov12

Nov13

Nov14

Dec15

ROCE %

iNeedMD Holdings Quarterly Data
	Aug12	Nov12	Feb13	May13	Aug13	Nov13	Feb14	May14	Aug14	Nov14	Mar15	Jun15	Sep15	Dec15	Mar16
ROCE %	Get a 7-Day Free Trial										-	-	-	-	-

iNeedMD Holdings ROCE % Calculation

iNeedMD Holdings's annualized ROCE % for the fiscal year that ended in Dec. 2015 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2015 )		(A: Nov. 2014 )		(A: Dec. 2015 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2015 )		(A: Nov. 2014 )		(A: Dec. 2015 )
	=	-4.929	/	( ( (0 - 0.09)	+	(1.156 - 3.889) )	/ 2 )
	=	-4.929	/	( (-0.09	+	-2.733)	/ 2 )
	=	-4.929	/	-1.4115
	=	349.20 %

iNeedMD Holdings's ROCE % of for the quarter that ended in Mar. 2016 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2016 )		(Q: Dec. 2015 )		(Q: Mar. 2016 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2016 )		(Q: Dec. 2015 )		(Q: Mar. 2016 )
	=	4.688	/	( ( (1.156 - 3.889)	+	(0.253 - 1.801) )	/ 2 )
	=	4.688	/	( ( -2.733	+	-1.548 )	/ 2 )
	=	4.688	/	-2.1405
	=	0 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2016) EBIT data.

iNeedMD Holdings (GREY:NEMD) 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.

iNeedMD Holdings ROCE % Related Terms

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

iNeedMD Holdings (iNeedMD Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » iNeedMD Holdings Inc (GREY:NEMD) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

650 First Avenue, Third Floor, New York, NY, USA, 10016

Website

http://www.ineedmd.com

iNeedMD Holdings Inc is a United States of America based medical device development company. The company's products include The EKG Glove and Portable ECG devices. Its product development programs focus on easy-to-use systems for collecting a plurality of diagnostic information and transmitting that data to local and remote locations. The EKG Glove provides healthcare workers with a standardized ECG solution that enables to quickly and accurately assess an individual's cardiac health.

Executives

Thomas Albert Nicolette

director, officer: President and CEO

7 SPRING HOLLOW ROAD, CENTERPORT NY 11721

iNeedMD Holdings (iNeedMD Holdings) Headlines

No Headlines