Image Software (Image Software) ROCE % : -41.62% (As of Jun. 2005)

View and export this data going back to . Start your Free Trial

What is Image Software 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. Image Software's annualized ROCE % for the quarter that ended in Jun. 2005 was -41.62%.

Image Software ROCE % Historical Data

The historical data trend for Image Software'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.

* Premium members only.

Image Software ROCE % Chart

Image Software Annual Data

Trend

Dec95

Dec96

Dec97

Dec98

Dec99

Dec00

Dec01

Dec02

Dec03

Dec04

ROCE %

Get a 7-Day Free Trial

2.62

20.18

-31.05

-2.72

-207.42

Image Software Quarterly Data
	Sep00	Dec00	Mar01	Jun01	Sep01	Dec01	Mar02	Jun02	Sep02	Dec02	Mar03	Jun03	Sep03	Dec03	Mar04	Jun04	Sep04	Dec04	Mar05	Jun05
ROCE %	Get a 7-Day Free Trial															-181.72	-1,649.78	-	45.39	-41.62

Image Software ROCE % Calculation

Image Software's annualized ROCE % for the fiscal year that ended in Dec. 2004 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2004 )		(A: Dec. 2003 )		(A: Dec. 2004 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2004 )		(A: Dec. 2003 )		(A: Dec. 2004 )
	=	-0.979	/	( ( (1.674 - 0.684)	+	(0.871 - 0.917) )	/ 2 )
	=	-0.979	/	( (0.99	+	-0.046)	/ 2 )
	=	-0.979	/	0.472
	=	-207.42 %

Image Software's ROCE % of for the quarter that ended in Jun. 2005 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2005 )		(Q: Mar. 2005 )		(Q: Jun. 2005 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2005 )		(Q: Mar. 2005 )		(Q: Jun. 2005 )
	=	-0.072	/	( ( (1.125 - 0.938)	+	(0.914 - 0.755) )	/ 2 )
	=	-0.072	/	( ( 0.187	+	0.159 )	/ 2 )
	=	-0.072	/	0.173
	=	-41.62 %

(1) Note: The EBIT data used here is four times the quarterly (Jun. 2005) EBIT data.

Image Software (OTCPK:ISOL) 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.

Image Software ROCE % Related Terms

Thank you for viewing the detailed overview of Image Software's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Image Software (Image Software) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Image Software Inc (OTCPK:ISOL) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

7200 S. Alton Way A260, Centennial, Englewood, CO, USA, 80112

Website

http://www.1mage.com

Image Software Inc is engaged in the Document Imaging and Management industry and operates on a multitude of platforms through Word documents, Excel spreadsheets, emails, Powerpoints, podcasts, projects, and reports. Its product offering comprise of 1ACCESS, 1API, 1ERM, 1FAX, V1A, 1SEARCH, WORKFLOW TOOLKIT, AND ZOE FETCH.

Image Software (Image Software) Headlines

No Headlines