Straight Path Communications (Straight Path Communications) ROCE % : 0.00% (As of Oct. 2017)

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What is Straight Path Communications 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. Straight Path Communications's annualized ROCE % for the quarter that ended in Oct. 2017 was 0.00%.

Straight Path Communications ROCE % Historical Data

The historical data trend for Straight Path Communications'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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Straight Path Communications ROCE % Chart

Straight Path Communications Annual Data

Trend

Jul12

Jul13

Jul14

Jul15

Jul16

Jul17

ROCE %

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-46.18

-4.26

3.58

-60.12

-6,802.69

Straight Path Communications Quarterly Data
	Jan13	Apr13	Jul13	Oct13	Jan14	Apr14	Jul14	Oct14	Jan15	Apr15	Jul15	Oct15	Jan16	Apr16	Jul16	Oct16	Jan17	Apr17	Jul17	Oct17
ROCE %	Get a 7-Day Free Trial															-127.33	-7,266.22	-	-	-

Straight Path Communications ROCE % Calculation

Straight Path Communications's annualized ROCE % for the fiscal year that ended in Jul. 2017 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jul. 2017 )		(A: Jul. 2016 )		(A: Jul. 2017 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jul. 2017 )		(A: Jul. 2016 )		(A: Jul. 2017 )
	=	-42.959	/	( ( (13.497 - 2.024)	+	(11.85 - 22.06) )	/ 2 )
	=	-42.959	/	( (11.473	+	-10.21)	/ 2 )
	=	-42.959	/	0.6315
	=	-6,802.69 %

Straight Path Communications's ROCE % of for the quarter that ended in Oct. 2017 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Oct. 2017 )		(Q: Jul. 2017 )		(Q: Oct. 2017 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Oct. 2017 )		(Q: Jul. 2017 )		(Q: Oct. 2017 )
	=	-52.896	/	( ( (11.85 - 22.06)	+	(10.097 - 23.113) )	/ 2 )
	=	-52.896	/	( ( -10.21	+	-13.016 )	/ 2 )
	=	-52.896	/	-11.613
	=	0 %

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

Straight Path Communications (AMEX:STRP) 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.

Straight Path Communications ROCE % Related Terms

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Straight Path Communications (Straight Path Communications) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Straight Path Communications Inc (AMEX:STRP) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.spathinc.com

Straight Path Communications Inc provides services to internet service and telecommunications providers. It holds licenses for fixed wireless spectrum in the United States, providing broad geographic coverage. The company has Straight path spectrum and Straight path IP group business segments. Straight path spectrum segment covers holding, leasing and marketing of fixed and mobile wireless spectrum. Straigh path IP group segment consists of holding intellectual property mainly related to communications and licensing and other businesses related to intellectual property. The firm generates majority of its revenues from its Straight path spectrum segment.

Executives

Fred S Zeidman	director	109 NORTH POST OAK LANE, SUITE 422, HOUSTON TX 77024
Howard S Jonas	10 percent owner
William F Weld	director	C/O LEEDS WELD & CO, 660 MADISON AVE 15TH FLOOR, NEW YORK NY 10021
Miller Lloyd I Iii	other: Former 10% Owner
Idt Corp	10 percent owner	520 BROAD STREET, NEWARK NJ 07102

Straight Path Communications (Straight Path Communications) Headlines

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