>
Switch to:

Mad Catz Interactive ROC %

: -58.89% (As of Dec. 2016)
View and export this data going back to 1999. Start your Free Trial

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Mad Catz Interactive's annualized return on capital (ROC %) for the quarter that ended in Dec. 2016 was -58.89%.

As of today (2022-05-28), Mad Catz Interactive's WACC % is 0.00%. Mad Catz Interactive's ROC % is 0.00% (calculated using TTM income statement data). Mad Catz Interactive earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Mad Catz Interactive ROC % Historical Data

The historical data trend for Mad Catz Interactive's ROC % 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.

Mad Catz Interactive Annual Data
Trend Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16
ROC %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -3.36 6.52 -26.26 15.33 -25.32

Mad Catz Interactive Quarterly Data
Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16
ROC % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.02 -55.13 -70.19 -53.76 -58.89

Mad Catz Interactive ROC % Calculation

Mad Catz Interactive's annualized Return on Capital (ROC %) for the fiscal year that ended in Mar. 2016 is calculated as:

ROC % (A: Mar. 2016 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Mar. 2015 ) + Invested Capital (A: Mar. 2016 ))/ count )
=-6.373 * ( 1 - -7.76% )/( (22.918 + 31.32)/ 2 )
=-6.8675448/27.119
=-25.32 %

where

Mad Catz Interactive's annualized Return on Capital (ROC %) for the quarter that ended in Dec. 2016 is calculated as:

ROC % (Q: Dec. 2016 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2016 ) + Invested Capital (Q: Dec. 2016 ))/ count )
=-11.508 * ( 1 - -29.05% )/( (23.464 + 26.971)/ 2 )
=-14.851074/25.2175
=-58.89 %

where

Note: The Operating Income data used here is four times the quarterly (Dec. 2016) data.

* 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.


Mad Catz Interactive  (OTCPK:MCZAF) ROC % Explanation

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, Mad Catz Interactive's WACC % is 0.00%. Mad Catz Interactive's ROC % is 0.00% (calculated using TTM income statement data). Mad Catz Interactive earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Be Aware

Like ROE % and ROA %, ROC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.


Mad Catz Interactive ROC % Related Terms

Thank you for viewing the detailed overview of Mad Catz Interactive's ROC % provided by GuruFocus.com. Please click on the following links to see related term pages.


Mad Catz Interactive Business Description

Mad Catz Interactive logo
Industry
Technology » Hardware NAICS : 334118 SIC : 3361
Traded in Other Exchanges
N/A
Address
181 Bay Street, Suite 4400, Toronto, ON, CAN, M5J 2T3
Mad Catz Interactive Inc is a Canadian company which is engaged in designing, manufacturing, marketing and distributing interactive entertainment products marketed under Mad Catz (gaming), Tritton (audio), and Saitek (simulation) brands. The company's products include headsets, mice, keyboards, controllers, specialty controllers, and other accessories. It caters to gamers and simulation enthusiast across multiple platforms including in-home gaming consoles, handheld gaming consoles, PC (Personal Computers) and Mac computers, smartphones, tablets and other smart devices. The company distributes its products through various retailers around the globe. Mad Catz derives the majority of its revenue from Americas.
Executives
Mcginnis Karen K director, officer: President & CEO INSIGHT ENTERPRISES INC 1305 WEST AUTO DRIVE TEMPE AZ 85284
Brown Thomas R director 15378 AVENUE OF SCIENCE SUITE 100 SAN DIEGO CA 92128
Perlis Morris director C/O COUNSEL CORPORATION 700 - 1 TORONTO ST. TORONTO A6 M5C 2V6
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)