MDwerks (MDwerks) ROCE % : 189.35% (As of Sep. 2023)

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What is MDwerks 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. MDwerks's annualized ROCE % for the quarter that ended in Sep. 2023 was 189.35%.

MDwerks ROCE % Historical Data

The historical data trend for MDwerks'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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MDwerks ROCE % Chart

MDwerks Annual Data

Trend

Dec04

Dec05

Dec06

Dec07

Dec08

Dec20

Dec21

Dec22

ROCE %

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-870.76

-7.59

MDwerks Quarterly Data
	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
ROCE %	Get a 7-Day Free Trial															-	-	-	-	189.35

MDwerks ROCE % Calculation

MDwerks's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	-0.154	/	( ( (0 - 0.231)	+	(0.024 - 0.139) )	/ 2 )
	=	-0.154	/	( (-0.231	+	-0.115)	/ 2 )
	=	-0.154	/	-0.173
	=	89.02 %

MDwerks's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	0.16	/	( ( (0.112 - 0.15)	+	(0.417 - 0.21) )	/ 2 )
	=	0.16	/	( ( -0.038	+	0.207 )	/ 2 )
	=	0.16	/	0.0845
	=	189.35 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2023) EBIT data.

MDwerks (OTCPK:MDWK) 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.

MDwerks ROCE % Related Terms

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MDwerks (MDwerks) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » MDwerks Inc (OTCPK:MDWK) » Definitions » ROCE %

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N/A

Address

411 Walnut Street, Suite 20125, Green Cove Springs, FL, USA, 32043

Website

http://www.mdwerks.com

MDwerks Inc is a Shell company.

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