Airborne Wireless Network (Airborne Wireless Network) ROCE % : 0.00% (As of May. 2019)

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What is Airborne Wireless Network 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. Airborne Wireless Network's annualized ROCE % for the quarter that ended in May. 2019 was 0.00%.

Airborne Wireless Network ROCE % Historical Data

The historical data trend for Airborne Wireless Network'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.
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Airborne Wireless Network ROCE % Chart

Airborne Wireless Network Annual Data

Trend

Aug12

Aug13

Aug14

Aug15

Aug16

Aug17

Aug18

ROCE %

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-492,173.33

Airborne Wireless Network Quarterly Data
	Aug14	Nov14	Feb15	May15	Aug15	Nov15	Feb16	May16	Aug16	Nov16	Feb17	May17	Aug17	Nov17	Feb18	May18	Aug18	Nov18	Feb19	May19
ROCE %	Get a 7-Day Free Trial															-	-	-	-	-

Airborne Wireless Network ROCE % Calculation

Airborne Wireless Network's annualized ROCE % for the fiscal year that ended in Aug. 2018 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Aug. 2018 )		(A: Aug. 2017 )		(A: Aug. 2018 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Aug. 2018 )		(A: Aug. 2017 )		(A: Aug. 2018 )
	=	-70.166	/	( ( (0.528 - 0.422)	+	(1.21 - 10.448) )	/ 2 )
	=	-70.166	/	( (0.106	+	-9.238)	/ 2 )
	=	-70.166	/	-4.566
	=	1,536.71 %

Airborne Wireless Network's ROCE % of for the quarter that ended in May. 2019 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: May. 2019 )		(Q: Feb. 2019 )		(Q: May. 2019 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: May. 2019 )		(Q: Feb. 2019 )		(Q: May. 2019 )
	=	-7.896	/	( ( (0.07 - 14.614)	+	(0.091 - 14.839) )	/ 2 )
	=	-7.896	/	( ( -14.544	+	-14.748 )	/ 2 )
	=	-7.896	/	-14.646
	=	0 %

(1) Note: The EBIT data used here is four times the quarterly (May. 2019) EBIT data.

Airborne Wireless Network (OTCPK:ABWN) 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.

Airborne Wireless Network ROCE % Related Terms

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Airborne Wireless Network (Airborne Wireless Network) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Airborne Wireless Network (OTCPK:ABWN) » Definitions » ROCE %

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N/A

Address

4115 Guardian Street, Suite C, Simi Valley, CA, USA, 93063

Website

http://www.airbornewirelessnetwork.com

Airborne Wireless Network is an early-stage company with the principal business strategy of developing, marketing and licensing a fully meshed, high-speed broadband airborne wireless network by linking aircraft in flight.