Optigenex (Optigenex) ROCE % : 0.00% (As of Jun. 2008)

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What is Optigenex 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. Optigenex's annualized ROCE % for the quarter that ended in Jun. 2008 was 0.00%.

Optigenex ROCE % Historical Data

The historical data trend for Optigenex'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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Optigenex ROCE % Chart

Optigenex Annual Data

Trend

Dec04

Dec05

Dec06

Dec07

ROCE %

-85.33

-100.91

-124.57

Optigenex Quarterly Data
	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08
ROCE %	Get a 7-Day Free Trial											-64.26	-90.54	-	-	-

Optigenex ROCE % Calculation

Optigenex's annualized ROCE % for the fiscal year that ended in Dec. 2007 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2007 )		(A: Dec. 2006 )		(A: Dec. 2007 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2007 )		(A: Dec. 2006 )		(A: Dec. 2007 )
	=	-1.391	/	( ( (2.825 - 0.521)	+	(1.888 - 5.019) )	/ 2 )
	=	-1.391	/	( (2.304	+	-3.131)	/ 2 )
	=	-1.391	/	-0.4135
	=	336.40 %

Optigenex's ROCE % of for the quarter that ended in Jun. 2008 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2008 )		(Q: Mar. 2008 )		(Q: Jun. 2008 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2008 )		(Q: Mar. 2008 )		(Q: Jun. 2008 )
	=	-0.784	/	( ( (1.769 - 9.932)	+	(1.678 - 8.677) )	/ 2 )
	=	-0.784	/	( ( -8.163	+	-6.999 )	/ 2 )
	=	-0.784	/	-7.581
	=	0 %

(1) Note: The EBIT data used here is four times the quarterly (Jun. 2008) EBIT data.

Optigenex (OTCPK:OPGX) 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.

Optigenex ROCE % Related Terms

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Optigenex (Optigenex) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Optigenex Inc (OTCPK:OPGX) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

901 Sam Rayburn Highway, Melissa, TX, USA, 75454

Website

http://www.optigenex.com

Optigenex Inc is an applied sciences company dedicated to solutions for healthy age management. The company offers AC-11, a powdered and bioactive rainforest plant extract that helps the body to repair sun and environmental stress-related damage to DNA, and slow down the process of skin aging.

Executives

Richard S Serbin

director, 10 percent owner, officer: CEO, President & Secretary

750 LEXINGTON AVENUE, 6TH FLOOR, NEW YORK NY 10022

Optigenex (Optigenex) Headlines

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