MobileIron (MobileIron) ROCE % : -95.52% (As of Sep. 2020)

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What is MobileIron 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. MobileIron's annualized ROCE % for the quarter that ended in Sep. 2020 was -95.52%.

MobileIron ROCE % Historical Data

The historical data trend for MobileIron'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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MobileIron ROCE % Chart

MobileIron Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

ROCE %

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-78.83

-87.40

-69.93

-50.22

-53.73

MobileIron Quarterly Data
	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20
ROCE %	Get a 7-Day Free Trial															-39.72	-35.23	-59.89	-43.85	-95.52

MobileIron ROCE % Calculation

MobileIron's annualized ROCE % for the fiscal year that ended in Dec. 2019 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2019 )		(A: Dec. 2018 )		(A: Dec. 2019 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2019 )		(A: Dec. 2018 )		(A: Dec. 2019 )
	=	-44.793	/	( ( (210.387 - 123.045)	+	(212.43 - 133.049) )	/ 2 )
	=	-44.793	/	( (87.342	+	79.381)	/ 2 )
	=	-44.793	/	83.3615
	=	-53.73 %

MobileIron's ROCE % of for the quarter that ended in Sep. 2020 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2020 )		(Q: Jun. 2020 )		(Q: Sep. 2020 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2020 )		(Q: Jun. 2020 )		(Q: Sep. 2020 )
	=	-63.708	/	( ( (200.266 - 127.64)	+	(187.644 - 126.876) )	/ 2 )
	=	-63.708	/	( ( 72.626	+	60.768 )	/ 2 )
	=	-63.708	/	66.697
	=	-95.52 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2020) EBIT data.

MobileIron (NAS:MOBL) 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.

MobileIron ROCE % Related Terms

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MobileIron (MobileIron) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » MobileIron Inc (NAS:MOBL) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

490 East Middlefield Road, Mountain View, CA, USA, 94043

Website

http://www.mobileiron.com

MobileIron Inc provides a purpose-built mobile IT platform. The company's platform enables enterprises to manage and secure mobile applications, content, and devices while providing their employees with device choice, privacy, and native user experience.It serves to midsize and large enterprises across industries like financial services, government, healthcare, legal, manufacturing, professional services, retail, technology, and telecommunications. Geographically, it operates in California North America, Europe, the Middle East, Asia, and Australia.

Executives

Altai Capital Management, L.p.	director, other: See Remarks	4675 MACARTHUR COURT SUITE 1500 NEWPORT BEACH CA 92660
Brian Foster	officer: Senior VP, Product Management	21575 RIDGETOP CIRCLE STERLING VA 20166
Simon Biddiscombe	director, officer: President and CEO	C/O MOBILEIRON, INC., 415 EAST MIDDLEFIELD ROAD, MOUNTAIN VIEW CA 94043
Christof Baumgaertner	officer: Chief Revenue Officer	C/O MOBILEIRON, INC., 490 EAST MIDDLEFIELD ROAD MOUNTAIN VIEW CA 94043
Scott D. Hill	officer: Chief Financial Officer	C/O MOBILEIRON, INC. 415 EAST MIDDLEFIELD ROAD MOUNTAIN VIEW CA 94043
Storm Ventures Fund Iv, L.p.	10 percent owner	2440 SAND HILL ROAD SUITE 301 MENLO PARK CA 94025
Storm Ventures Affiliates Fund Iii Lp	10 percent owner	2440 SAND HILL RD SUITE 301 MENLO CA 94025
Storm Ventures Fund Iii Lp	10 percent owner	2440 SAND HILL ROAD SUITE 301 MENLO PARK CA 94025
Storm Ventures Principals Fund Iii	10 percent owner	2440 SAND HILL ROAD SUITE 301 MENLO PARK CA 94025
Kenneth R. Klein	director	C/O MOBILEIRON, INC. 415 EAST MIDDLEFIELD ROAD MOUNTAIN VIEW CA 94943
Altai Capital Management, Llc	director, other: See Remarks	4675 MACARTHUR COURT SUITE 1500 NEWPORT BEACH CA 92660
Rishi Bajaj	director	4675 MACARTHUR COURT SUITE 1500 NEWPORT BEACH CA 92660
Tae Hea Nahm	director, 10 percent owner	2440 SAND HILL ROAD SUITE 301 MENLO PARK CA 94025
James R Tolonen	director
Anjali Joshi	director