EV Biologics (EV Biologics) ROCE % : -25.16% (As of Dec. 2017)

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What is EV Biologics 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. EV Biologics's annualized ROCE % for the quarter that ended in Dec. 2017 was -25.16%.

EV Biologics ROCE % Historical Data

The historical data trend for EV Biologics'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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EV Biologics ROCE % Chart

EV Biologics Annual Data

Trend

Jun13

Jun14

Jun15

Jun16

Jun17

ROCE %

32.28

30.38

25.07

-168.04

-86.64

EV Biologics Quarterly Data
	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Jun17	Dec17
ROCE %	Get a 7-Day Free Trial												-575.65	-101.66	-2,673.33	-	-25.16

EV Biologics ROCE % Calculation

EV Biologics'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 )
	=	-6.504	/	( ( (36.443 - 25.149)	+	(33.278 - 29.559) )	/ 2 )
	=	-6.504	/	( (11.294	+	3.719)	/ 2 )
	=	-6.504	/	7.5065
	=	-86.64 %

EV Biologics's ROCE % of for the quarter that ended in Dec. 2017 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2017 )		(Q: Jun. 2017 )		(Q: Dec. 2017 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2017 )		(Q: Jun. 2017 )		(Q: Dec. 2017 )
	=	-5.78	/	( ( (33.278 - 29.559)	+	(58.954 - 16.719) )	/ 2 )
	=	-5.78	/	( ( 3.719	+	42.235 )	/ 2 )
	=	-5.78	/	22.977
	=	-25.16 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2017) EBIT data.

EV Biologics (OTCPK:YECO) 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.

EV Biologics ROCE % Related Terms

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EV Biologics (EV Biologics) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » EV Biologics Inc (OTCPK:YECO) » Definitions » ROCE %

Comparable Companies

XCNQ:NIRV ENVB BLCM NLSP BRTX ADTX XKRX:066830 ALLR XMAD:ADL ARTL

Traded in Other Exchanges

N/A

Address

1621 Central Avenue, Cheyenne, WY, USA, 82001

Website

https://www.evbiologics.com

EV Biologics Inc is developing the extraordinary biological properties of extracellular vesicles (EVs) to create the next generation of diagnostic modalities and safe, effective biotherapeutics to improve outcomes of serious clinical conditions, increase natural longevity and transform lives.

Executives

Daniel S Mckinney	director, 10 percent owner, officer: CEO	TWO IFC, 19TH FLOOR, 8 FINANCE STREET, CENTRAL, HONG KONG F4 000000
Michael W Harlan	director	C/O WASTE CONNECTIONS, INC., 610 APPLEWOOD CRESCENT, SUITE 200, VAUGHAN A6 L4K 0C3