Metro Global Media (Metro Global Media) ROCE % : -3.11% (As of Nov. 2001)

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

What is Metro Global Media 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. Metro Global Media's annualized ROCE % for the quarter that ended in Nov. 2001 was -3.11%.

Metro Global Media ROCE % Historical Data

The historical data trend for Metro Global Media'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.

Metro Global Media ROCE % Chart

Metro Global Media Annual Data

Trend

May92

May93

May94

May95

May96

May97

May98

May99

May00

May01

ROCE %

Get a 7-Day Free Trial

-2.60

7.02

68.06

-5.74

-36.30

Metro Global Media Quarterly Data
	Feb97	May97	Aug97	Nov97	Feb98	May98	Aug98	Nov98	Feb99	May99	Aug99	Nov99	Feb00	May00	Aug00	Nov00	Feb01	May01	Aug01	Nov01
ROCE %	Get a 7-Day Free Trial															-23.01	0.04	-131.16	-14.58	-3.11

Metro Global Media ROCE % Calculation

Metro Global Media's annualized ROCE % for the fiscal year that ended in May. 2001 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: May. 2001 )		(A: May. 2000 )		(A: May. 2001 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: May. 2001 )		(A: May. 2000 )		(A: May. 2001 )
	=	-3.928	/	( ( (27.027 - 13.362)	+	(17.963 - 9.986) )	/ 2 )
	=	-3.928	/	( (13.665	+	7.977)	/ 2 )
	=	-3.928	/	10.821
	=	-36.30 %

Metro Global Media's ROCE % of for the quarter that ended in Nov. 2001 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Nov. 2001 )		(Q: Aug. 2001 )		(Q: Nov. 2001 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Nov. 2001 )		(Q: Aug. 2001 )		(Q: Nov. 2001 )
	=	-0.224	/	( ( (17.652 - 10.319)	+	(16.337 - 9.255) )	/ 2 )
	=	-0.224	/	( ( 7.333	+	7.082 )	/ 2 )
	=	-0.224	/	7.2075
	=	-3.11 %

(1) Note: The EBIT data used here is four times the quarterly (Nov. 2001) EBIT data.

Metro Global Media (GREY:MGMA) 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.

Metro Global Media ROCE % Related Terms

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

Metro Global Media (Metro Global Media) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Metro Global Media Inc (GREY:MGMA) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

1060 Park Avenue, Cranston, RI, USA, 02910

Website

http://www.metroglobal.com

Metro Global Media Inc operates in the media industry in United States. The company is a multimedia, mass marketing company that produces adult film, video, and internet entertainment. The firm also publishes and distributes magazines.

Metro Global Media (Metro Global Media) Headlines

No Headlines