Applied Optoelectronics (Applied Optoelectronics) ROCE % : -17.83% (As of Dec. 2023)

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What is Applied Optoelectronics 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. Applied Optoelectronics's annualized ROCE % for the quarter that ended in Dec. 2023 was -17.83%.

Applied Optoelectronics ROCE % Historical Data

The historical data trend for Applied Optoelectronics'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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Applied Optoelectronics ROCE % Chart

Applied Optoelectronics Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-12.02

-12.11

-13.42

-19.53

-16.48

Applied Optoelectronics Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															-26.56	-25.30	-34.00	-15.70	-17.83

Applied Optoelectronics ROCE % Calculation

Applied Optoelectronics'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 )
	=	-46.611	/	( ( (408.263 - 138.582)	+	(389.186 - 93.358) )	/ 2 )
	=	-46.611	/	( (269.681	+	295.828)	/ 2 )
	=	-46.611	/	282.7545
	=	-16.48 %

Applied Optoelectronics'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 )
	=	-42.92	/	( ( (373.792 - 188.248)	+	(389.186 - 93.358) )	/ 2 )
	=	-42.92	/	( ( 185.544	+	295.828 )	/ 2 )
	=	-42.92	/	240.686
	=	-17.83 %

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

Applied Optoelectronics (NAS:AAOI) 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.

Applied Optoelectronics ROCE % Related Terms

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Applied Optoelectronics (Applied Optoelectronics) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Applied Optoelectronics Inc (NAS:AAOI) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

A59:Germany A59:Germany

Address

13139 Jess Pirtle Boulevard, Sugar Land, TX, USA, 77478

Website

https://www.ao-inc.com

Applied Optoelectronics Inc is a provider of fiber-optic networking products for the Internet data center, cable television, telecommunications and fiber-to-the-home end markets. The company focuses on designing and manufacturing a range of optical communication products from components, to subassemblies, and modules to complete turn-key equipment. Demand for Applied Optoelectronics is driven by bandwidth demand in end markets. Through direct sales personnel, and manufacturing teams in the United States, China, and Taiwan, the company coordinates with customers to determine product design, qualifications, and performance.

Executives

Stefan J. Murry	officer: Chief Strategy Officer	13139 JESS PIRTLE BLVD., SUGAR LAND TX 77478
Shu-hua (joshua) Yeh	officer: ** See below	13139 JESS PIRTLE BLVD., SUGAR LAND TX 77478
Chih-hsiang (thompson) Lin	director, officer: Pres. and CEO	13139 JESS PIRTLE BLVD., SUGAR LAND TX 77478
William H Yeh	director	13139 JESS PIRTLE BLVD., SUGAR LAND TX 77478
David C Kuo	officer: General Counsel and Secretary	13139 JESS PIRTLE BLVD., SUGAR LAND TX 77478
Hung-lun (fred) Chang	officer: See Remarks Below **	13139 JESS PIRTLE BLVD., SUGAR LAND TX 77478
Cynthia Delaney	director	13139 JESS PIRTLE BLVD, SUGAR LAND TX 77478
Chewei Lin	director	13115 JESS PIRTIE BLVD, SUGAR LAND TX 77478
Elizabeth G Loboa	director	13139 JESS PIRTLE BLVD, SUGAR LAND TX 77478
Richard B Black	director
Alan D Moore	director	12231 CROSS CREEK, DALLAS TX 75243
Min-chu (mike) Chen	director	13139 JESS PIRTLE BLVD., SUGAR LAND TX 77478
Klaus Alexander Anselm	officer: VP of Semiconductor Products	13115 JESS PIRTLE BLVD., SUGAR LAND TX 77478
Chung-yao (ford) Li	officer: Sr. VP, Asia General Manager	13115 JESS PIRTLE BLVD., SUGAR LAND TX 77478
Alex Ignatiev	director	13139 JESS PIRTLE BLVD., SUGAR LAND TX 77478