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Mad Catz Interactive (Mad Catz Interactive) ROIC % : -58.89% (As of Dec. 2016)


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What is Mad Catz Interactive ROIC %?

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

As of today (2024-04-27), Mad Catz Interactive's WACC % is 0.00%. Mad Catz Interactive's ROIC % 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 ROIC % Historical Data

The historical data trend for Mad Catz Interactive's ROIC % 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 ROIC % Chart

Mad Catz Interactive Annual Data
Trend Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16
ROIC %
Get a 7-Day Free Trial 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
ROIC % 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 Premium Member Only Premium Member Only Premium Member Only 13.02 -55.13 -70.19 -53.76 -58.89

Competitive Comparison of Mad Catz Interactive's ROIC %

For the Computer Hardware subindustry, Mad Catz Interactive's ROIC %, along with its competitors' market caps and ROIC % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Mad Catz Interactive's ROIC % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Mad Catz Interactive's ROIC % distribution charts can be found below:

* The bar in red indicates where Mad Catz Interactive's ROIC % falls into.



Mad Catz Interactive ROIC % Calculation

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

ROIC % (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 Invested Capital (ROIC %) for the quarter that ended in Dec. 2016 is calculated as:

ROIC % (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) ROIC % Explanation

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. 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 ROIC % 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 ROIC % is 0.00% (calculated using TTM income statement data).


Be Aware

Like ROE % and ROA %, ROIC % 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 ROIC % Related Terms

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Mad Catz Interactive (Mad Catz Interactive) Business Description

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
Karen K Mcginnis director, officer: President & CEO INSIGHT ENTERPRISES INC, 1305 WEST AUTO DRIVE, TEMPE AZ 85284
Thomas R Brown director 15378 AVENUE OF SCIENCE SUITE 100, SAN DIEGO CA 92128
Morris Perlis director C/O COUNSEL CORPORATION, 700 - 1 TORONTO ST., TORONTO A6 M5C 2V6