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Direct Communication Solutions (XCNQ:DCSI) ROCE % : 22.54% (As of Jun. 2022)


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What is Direct Communication Solutions 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. Direct Communication Solutions's annualized ROCE % for the quarter that ended in Jun. 2022 was 22.54%.


Direct Communication Solutions ROCE % Historical Data

The historical data trend for Direct Communication Solutions'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.

* Premium members only.

Direct Communication Solutions ROCE % Chart

Direct Communication Solutions Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
ROCE %
Get a 7-Day Free Trial - - -2,726.74 -94.99 -74.60

Direct Communication Solutions Quarterly Data
Dec17 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Dec22
ROCE % Get a 7-Day Free Trial 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 -244.60 -191.33 94.23 22.54 -

Direct Communication Solutions ROCE % Calculation

Direct Communication Solutions's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=-2.648/( ( (13.18 - 9.258) + (13.252 - 10.075) )/ 2 )
=-2.648/( (3.922+3.177)/ 2 )
=-2.648/3.5495
=-74.60 %

Direct Communication Solutions's ROCE % of for the quarter that ended in Jun. 2022 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jun. 2022 )  (Q: Mar. 2022 )(Q: Jun. 2022 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jun. 2022 )  (Q: Mar. 2022 )(Q: Jun. 2022 )
=0.816/( ( (11.205 - 7.8) + (10.822 - 6.988) )/ 2 )
=0.816/( ( 3.405 + 3.834 )/ 2 )
=0.816/3.6195
=22.54 %

(1) Note: The EBIT data used here is four times the quarterly (Jun. 2022) EBIT 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.


Direct Communication Solutions  (XCNQ:DCSI) 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.


Direct Communication Solutions ROCE % Related Terms

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Direct Communication Solutions (XCNQ:DCSI) Business Description

Traded in Other Exchanges
N/A
Address
11021 Via Frontera, Suite C, San Diego, CA, USA, 92127
Direct Communication Solutions Inc is a provider of solutions for the Internet of Things including monitoring as a service solutions for the telematics market. The Company's products include GPS devices, modems, embedded modules, routers and mobile tracking machine to machine devices, communications and applications software, and cloud services. Geographically, the company operates in the United States, Canada, and Other Countries, and it derives a majority of its revenue from the United States.

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