Agent Information Software (Agent Information Software) ROCE % : 5.66% (As of Dec. 2003)

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

What is Agent Information 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. Agent Information Software's annualized ROCE % for the quarter that ended in Dec. 2003 was 5.66%.

Agent Information Software ROCE % Historical Data

The historical data trend for Agent Information 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.

Agent Information Software ROCE % Chart

Agent Information Software Annual Data

Trend

Dec99

Dec00

Dec01

Dec02

Dec03

ROCE %

4.40

-18.40

-43.80

16.07

14.95

Agent Information Software Quarterly Data
	Dec99	Mar00	Jun00	Sep00	Dec00	Mar01	Jun01	Sep01	Dec01	Mar02	Jun02	Sep02	Dec02	Mar03	Jun03	Sep03	Dec03
ROCE %	Get a 7-Day Free Trial												45.97	21.33	19.86	16.05	5.66

Agent Information Software ROCE % Calculation

Agent Information Software's annualized ROCE % for the fiscal year that ended in Dec. 2003 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2003 )		(A: Dec. 2002 )		(A: Dec. 2003 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2003 )		(A: Dec. 2002 )		(A: Dec. 2003 )
	=	0.37	/	( ( (4.719 - 2.593)	+	(4.164 - 1.34) )	/ 2 )
	=	0.37	/	( (2.126	+	2.824)	/ 2 )
	=	0.37	/	2.475
	=	14.95 %

Agent Information Software's ROCE % of for the quarter that ended in Dec. 2003 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2003 )		(Q: Sep. 2003 )		(Q: Dec. 2003 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2003 )		(Q: Sep. 2003 )		(Q: Dec. 2003 )
	=	0.148	/	( ( (4.18 - 1.774)	+	(4.164 - 1.34) )	/ 2 )
	=	0.148	/	( ( 2.406	+	2.824 )	/ 2 )
	=	0.148	/	2.615
	=	5.66 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2003) EBIT data.

Agent Information Software (OTCPK:AIFS) 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.

Agent Information Software ROCE % Related Terms

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

Agent Information Software (Agent Information Software) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Agent Information Software Inc (OTCPK:AIFS) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

760 East Francis Street, Units C & D, Ontario, CA, USA, 91761

Website

https://www.auto-graphics.com

Agent Information Software Inc provides software products and services that create, manage, publish, and access information content through the Internet or the web. The company offers data automation solutions to customers across multiple industries. Additionally, it also renders software as a service (SaaS), database subscriptions, software maintenance, and support contract services. The Company derives its revenues from various software subscriptions, maintenance and support services, licensing and other non-recurring services.