Todos Medical (Todos Medical) ROCE % : -1,222.77% (As of Sep. 2022)

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What is Todos Medical 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. Todos Medical's annualized ROCE % for the quarter that ended in Sep. 2022 was -1,222.77%.

Todos Medical ROCE % Historical Data

The historical data trend for Todos 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.

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Todos Medical ROCE % Chart

Todos Medical Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

ROCE %

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-262.35

-718.29

Todos Medical Quarterly Data
	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
ROCE %	Get a 7-Day Free Trial												-168.26	-585.88	-94.23	-703.53	-1,222.77

Todos Medical ROCE % Calculation

Todos Medical's annualized ROCE % for the fiscal year that ended in Dec. 2021 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2021 )		(A: Dec. 2020 )		(A: Dec. 2021 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2021 )		(A: Dec. 2020 )		(A: Dec. 2021 )
	=	-14.707	/	( ( (6.009 - 8.069)	+	(15.115 - 8.96) )	/ 2 )
	=	-14.707	/	( (-2.06	+	6.155)	/ 2 )
	=	-14.707	/	2.0475
	=	-718.29 %

Todos Medical's ROCE % of for the quarter that ended in Sep. 2022 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2022 )		(Q: Jun. 2022 )		(Q: Sep. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2022 )		(Q: Jun. 2022 )		(Q: Sep. 2022 )
	=	-9.452	/	( ( (13.85 - 12.32)	+	(14.227 - 14.211) )	/ 2 )
	=	-9.452	/	( ( 1.53	+	0.016 )	/ 2 )
	=	-9.452	/	0.773
	=	-1,222.77 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2022) EBIT data.

Todos Medical (OTCPK:TOMDF) 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.

Todos Medical ROCE % Related Terms

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Todos Medical (Todos Medical) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Todos Medical Ltd (OTCPK:TOMDF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

121 Derech Menachem Begin, 30th Floor, Tel Aviv, ISR, 6701203

Website

https://www.todosmedical.com

Todos Medical Ltd is an in vitro diagnostics company. Its operating segments are Breast Cancer Test, Alzheimer's, and COVID-19 testing. The company generates all of its revenue from the United States.

Executives

Gerald Commissiong	director, officer: CEO and Director	675 ALMANOR AVENUE, SUNNYVALE CA 94085
Strategic Investment Holdings, Llc	10 percent owner	875 CARRETERA 693, SUITE 201, DORADO PR 00646