Suny Cellular Communication (Suny Cellular Communication) ROCE % : 1.57% (As of Dec. 2023)

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What is Suny Cellular Communication 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. Suny Cellular Communication's annualized ROCE % for the quarter that ended in Dec. 2023 was 1.57%.

Suny Cellular Communication ROCE % Historical Data

The historical data trend for Suny Cellular Communication'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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Suny Cellular Communication ROCE % Chart

Suny Cellular Communication Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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12.45

10.00

12.47

21.93

7.61

Suny Cellular Communication Quarterly Data
	Dec16	Dec17	Dec18	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															11.49	16.45	6.44	4.70	1.57

Suny Cellular Communication ROCE % Calculation

Suny Cellular Communication's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	8.532	/	( ( (142.555 - 19.596)	+	(120.145 - 18.92) )	/ 2 )
	=	8.532	/	( (122.959	+	101.225)	/ 2 )
	=	8.532	/	112.092
	=	7.61 %

Suny Cellular Communication's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	1.592	/	( ( (128.176 - 26.487)	+	(120.145 - 18.92) )	/ 2 )
	=	1.592	/	( ( 101.689	+	101.225 )	/ 2 )
	=	1.592	/	101.457
	=	1.57 %

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

Suny Cellular Communication (OTCPK:SCIXF) 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.

Suny Cellular Communication ROCE % Related Terms

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Suny Cellular Communication (Suny Cellular Communication) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Suny Cellular Communication Ltd (OTCPK:SCIXF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

SNCM:Israel

Address

48 Ben Zion Galis Street, 43 rd Floor, Petach Tikva, ISR, 49277

Website

http://www.scitex.com

Suny Cellular Communication Ltd, formerly Scailex Corp Ltd imports, distributes & maintains mobile handset & accessories products.

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