GD Entertainment & Technology (GD Entertainment & Technology) ROCE % : 0.00% (As of Feb. 2006)

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What is GD Entertainment & Technology 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. GD Entertainment & Technology's annualized ROCE % for the quarter that ended in Feb. 2006 was 0.00%.

GD Entertainment & Technology ROCE % Historical Data

The historical data trend for GD Entertainment & Technology'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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GD Entertainment & Technology ROCE % Chart

GD Entertainment & Technology Annual Data

Trend

May01

May04

May05

ROCE %

GD Entertainment & Technology Quarterly Data
	May01	Aug01	Nov01	Feb02	Aug04	Nov04	Feb05	May05	Aug05	Nov05	Feb06
ROCE %	Get a 7-Day Free Trial						-276.30	-	-	-	-

GD Entertainment & Technology ROCE % Calculation

GD Entertainment & Technology's annualized ROCE % for the fiscal year that ended in May. 2005 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: May. 2005 )		(A: May. 2004 )		(A: May. 2005 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: May. 2005 )		(A: May. 2004 )		(A: May. 2005 )
	=	-2.025	/	( ( (0.814 - 1.397)	+	(0.91 - 2.035) )	/ 2 )
	=	-2.025	/	( (-0.583	+	-1.125)	/ 2 )
	=	-2.025	/	-0.854
	=	237.12 %

GD Entertainment & Technology's ROCE % of for the quarter that ended in Feb. 2006 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Feb. 2006 )		(Q: Nov. 2005 )		(Q: Feb. 2006 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Feb. 2006 )		(Q: Nov. 2005 )		(Q: Feb. 2006 )
	=	-0.904	/	( ( (0.937 - 3.445)	+	(1.459 - 4.274) )	/ 2 )
	=	-0.904	/	( ( -2.508	+	-2.815 )	/ 2 )
	=	-0.904	/	-2.6615
	=	0 %

(1) Note: The EBIT data used here is four times the quarterly (Feb. 2006) EBIT data.

GD Entertainment & Technology (OTCPK:GDET) 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.

GD Entertainment & Technology ROCE % Related Terms

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GD Entertainment & Technology (GD Entertainment & Technology) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » GD Entertainment & Technology Inc (OTCPK:GDET) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

1 Bridge Plaza, 2nd Floor, Fort Lee, NJ, USA, 07024

Website

https://gdet.co

GD Entertainment & Technology Inc focuses on high growth industries. The company currently has one operating subsidiary, DreamCard, a high-end metal card that personalizes debit and credit cards for a fee which allows users to create a customizable debit or credit card using its online platform. It also customizes Specialty Cards for Customer Loyalty and Affinity Networks. It simply takes an existing debit or credit card and transfers its data and chip into a new metal, 24karat or Stainless Steel card of the cardholders design and ships it to the holder. GDET markets to the business enterprises that promote commerce to members with a VIP card. Casinos and Affinity Networks form the base of company consumers.