Quantum (Quantum) ROCE % : -42.55% (As of Jun. 2023)

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What is Quantum 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. Quantum's annualized ROCE % for the quarter that ended in Jun. 2023 was -42.55%.

Quantum ROCE % Historical Data

The historical data trend for Quantum'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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Quantum ROCE % Chart

Quantum Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

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1,955.46

-35.33

-47.83

-48.52

Quantum Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
ROCE %	Get a 7-Day Free Trial															-49.93	-45.87	6.35	-57.27	-42.55

Quantum ROCE % Calculation

Quantum's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	-25.443	/	( ( (201.635 - 157.815)	+	(213.657 - 152.596) )	/ 2 )
	=	-25.443	/	( (43.82	+	61.061)	/ 2 )
	=	-25.443	/	52.4405
	=	-48.52 %

Quantum's ROCE % of for the quarter that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2023 )		(Q: Mar. 2023 )		(Q: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2023 )		(Q: Mar. 2023 )		(Q: Jun. 2023 )
	=	-27.38	/	( ( (213.657 - 152.596)	+	(210.484 - 142.855) )	/ 2 )
	=	-27.38	/	( ( 61.061	+	67.629 )	/ 2 )
	=	-27.38	/	64.345
	=	-42.55 %

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

Quantum (NAS:QMCO) 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.

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Quantum (Quantum) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Quantum Corp (NAS:QMCO) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

QNT2:Germany

Address

224 Airport Parkway, Suite 550, San Jose, CA, USA, 95110

Website

https://www.quantum.com

Quantum Corp is a United States-based company engaged in providing scale-out storage, archive, and data protection for small businesses and large multinational enterprises. Its solutions capture, share, manage and preserve digital assets throughout the data lifecycle. The scale-out portfolio offerings enable customers to manage large unstructured data sets, provide ingest capabilities, real-time collaboration, scalability, and protection. It derives primary revenues from the products based on tape technology. A majority of the firm's revenue is generated in the Americas, with the rest coming from Europe and Asia-Pacific.

Executives

Brian E Cabrera	officer: Chief Legal & Ofcr; Corp Secy	CALLIDUS SOFTWARE INC., 160 W. SANTA CLARA STREET, SUITE 1500, SAN JOSE CA 95113
James J Lerner	director, officer: Pres. & CEO, Chairman of Board	C/O SEAGATE TECHNOLOGY PLC, 10200 S. DEANZA BLVD., CUPERTINO CA 95014
Laura A. Nash	officer: Chief Accounting Officer	C/O QUANTUM CORPORATION, 224 AIRPORT PARKWAY, SUITE 550, SAN JOSE CA 95110
John Hurley	officer: Chief Revenue Officer	224 AIRPORT PARKWAY, SUITE 550, SAN JOSE CA 95110
Kenneth P. Gianella	officer: Chief Financial Officer	C/O SILVER SPRING NETWORKS, INC., 230 W. TASMAN DRIVE, SAN JOSE CA 95134
Hugues Meyrath	director	1745 TECHNOLOGY DRIVE, SAN JOSE CA 95110
Don Jaworksi	director	224 AIRPORT PARKWAY SUITE 550, C/O QUANTUM CORPORATION, SAN JOSE CA 95110
Lewis W. Moorehead	officer: Chief Accounting Officer	1 BROADWAY, 14TH FLOOR, CAMBRIDGE MA 02142
J Michael Dodson	officer: Senior Vice President, CFO	1220 N. SIMON CIRCLE, ANAHEIM CA 92806
Christopher D. Neumeyer	director	224 AIRPORT PARKWAY SUITE 550, SAN JOSE CA 95110
Pacific Investment Management Co Llc	10 percent owner	650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Yue Zhou White	director	C/O QUANTUM CORPORATION, 224 AIRPORT PARKWAY, SUITE 550, SAN JOSE CA 95110
Marc E Rothman	director	1303 E ALGONQUIN ROAD, SCHAUMBURG X1 60196
Raghavendra Rau	director	C/O XPERI HOLDING CORPORATION, 3025 ORCHARD PARKWAY, SAN JOSE CA 95134
John Fichthorn	director	C/O DIALECTIC CAPITAL MANAGEMENT, LLC, 17 STATE STREET, SUITE 3930, NEW YORK NY 10004