Orbit International (Orbit International) ROCE % : 6.21% (As of Jun. 2017)

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What is Orbit International 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. Orbit International's annualized ROCE % for the quarter that ended in Jun. 2017 was 6.21%.

Orbit International ROCE % Historical Data

The historical data trend for Orbit International'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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Orbit International ROCE % Chart

Orbit International Annual Data

Trend

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

ROCE %

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0.29

-1.17

-12.96

6.46

7.05

Orbit International Quarterly Data
	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Jun17
ROCE %	Get a 7-Day Free Trial															1.29	1.38	11.44	14.05	6.21

Orbit International ROCE % Calculation

Orbit International's annualized ROCE % for the fiscal year that ended in Dec. 2016 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2016 )		(A: Dec. 2015 )		(A: Dec. 2016 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2016 )		(A: Dec. 2015 )		(A: Dec. 2016 )
	=	1.095	/	( ( (17.524 - 1.653)	+	(16.764 - 1.57) )	/ 2 )
	=	1.095	/	( (15.871	+	15.194)	/ 2 )
	=	1.095	/	15.5325
	=	7.05 %

Orbit International's ROCE % of for the quarter that ended in Jun. 2017 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2017 )		(Q: Dec. 2016 )		(Q: Jun. 2017 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2017 )		(Q: Dec. 2016 )		(Q: Jun. 2017 )
	=	0.936	/	( ( (16.764 - 1.57)	+	(16.71 - 1.779) )	/ 2 )
	=	0.936	/	( ( 15.194	+	14.931 )	/ 2 )
	=	0.936	/	15.0625
	=	6.21 %

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

Orbit International (OTCPK:ORBT) 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.

Orbit International ROCE % Related Terms

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Orbit International (Orbit International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Orbit International Corp (OTCPK:ORBT) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

80 Cabot Court, Hauppauge, NY, USA, 11788

Website

https://www.orbitintl.com

Orbit International Corp is a U.S based company engaged in offering mission-critical hardware, software, and integrated systems. It operates through two segments: the Electronics Group and the Power Group. The company designs and manufactures subsystems and components for contractors, government procurement agencies (both foreign and domestic), and research and development laboratories across the world.

Executives