SPDE (Speedus) ROCE %: 0.00% (As of Sep. 2010)


What is Speedus ROCE %?

Speedus SPDE -99.00% ROCE % is 0.00% as of Sep. 2010.

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. Speedus's annualized ROCE % for the quarter that ended in Sep. 2010 was 0.00%.

Speedus  (OTCPK:SPDE) 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.

Speedus ROCE % Related Terms

Speedus ROCE % Historical Data

* Premium members only.

The historical data trend for Speedus'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.

Speedus ROCE % Chart

Speedus Annual Data
Trend Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -24.47 -33.35 -37.71 -104.08 -143.47

Speedus Quarterly Data
Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -729.78 56.23 -358.48 0.00 0.00

Speedus ROCE % Calculation

Speedus's annualized ROCE % for the fiscal year that ended in Dec. 2009 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2009 )  (A: Dec. 2008 )(A: Dec. 2009 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2009 )  (A: Dec. 2008 )(A: Dec. 2009 )
=-3.52/( ( (6.138 - 2.779) + (2.125 - 0.577) )/ 2 )
=-3.52/( (3.359+1.548)/ 2 )
=-3.52/2.4535
=-143.47 %

Speedus's ROCE % of for the quarter that ended in Sep. 2010 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Sep. 2010 )  (Q: Jun. 2010 )(Q: Sep. 2010 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2010 )  (Q: Jun. 2010 )(Q: Sep. 2010 )
=-3.396/( ( (0.673 - 1.738) + (0.386 - 2.234) )/ 2 )
=-3.396/( ( -1.065 + -1.848 )/ 2 )
=-3.396/-1.4565
=0 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2010) 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 0.00% mean?
Speedus (SPDE) has a ROCE % of 0.00% as of Sep. 2010.
Is Speedus' ROCE % too high?
Speedus' current ROCE % is 0.00%.
How does Speedus' ROCE % compare to LENSF and WHSI?
Speedus' ROCE % of 0.00% 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. Speedus's current ROCE % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Speedus stock overvalued right now?
Speedus (SPDE) has a current ROCE % of 0.00%. The current ROCE % is 0.00%. 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 Speedus (SPDE), the current ROCE % is 0.00% as of Sep. 2010. 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.

Speedus Business Description

Address 1 Dag Hammarskjold Boulevard, Freehold, NJ, USA, 07728
Speedus Corp through its subsidiaries focuses on improving health outcomes and cost effectiveness through the development of computer-aided medical devices and telemedicine based delivery systems.