Bell Industries (Bell Industries) ROCE % : 65.30% (As of Sep. 2010)

View and export this data going back to 2008. Start your Free Trial

What is Bell Industries 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. Bell Industries's annualized ROCE % for the quarter that ended in Sep. 2010 was 65.30%.

Bell Industries ROCE % Historical Data

The historical data trend for Bell Industries'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.

Bell Industries ROCE % Chart

Bell Industries Annual Data

Trend

Dec00

Dec01

Dec02

Dec03

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

ROCE %

Get a 7-Day Free Trial

-10.26

-43.01

-53.89

-17.64

-5.70

Bell Industries Quarterly Data
	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10
ROCE %	Get a 7-Day Free Trial															31.26	-19.69	-40.48	31.80	65.30

Bell Industries ROCE % Calculation

Bell Industries's annualized ROCE % for the fiscal year that ended in Dec. 2009 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2009 )		(A: Dec. 2008 )		(A: Dec. 2009 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2009 )		(A: Dec. 2008 )		(A: Dec. 2009 )
	=	-0.784	/	( ( (27.26 - 12.613)	+	(22.553 - 9.704) )	/ 2 )
	=	-0.784	/	( (14.647	+	12.849)	/ 2 )
	=	-0.784	/	13.748
	=	-5.70 %

Bell Industries's ROCE % of for the quarter that ended in Sep. 2010 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2010 )		(Q: Jun. 2010 )		(Q: Sep. 2010 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2010 )		(Q: Jun. 2010 )		(Q: Sep. 2010 )
	=	8.476	/	( ( (24.647 - 12.587)	+	(29.106 - 15.207) )	/ 2 )
	=	8.476	/	( ( 12.06	+	13.899 )	/ 2 )
	=	8.476	/	12.9795
	=	65.30 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2010) EBIT data.

Bell Industries (GREY:BLLI) 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.

Bell Industries ROCE % Related Terms

Thank you for viewing the detailed overview of Bell Industries's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Bell Industries (Bell Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Bell Industries Inc (GREY:BLLI) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

4400 W 96th Street, Indianapolis, IN, USA, 46268

Website

http://www.bellind.com

Bell Industries Inc is an information technology managed services and solutions company. It provides transformational Next Generation Digital Workplace and Infrastructure Management Solutions to large and mid-market enterprises, as well as the public sector. It also offers End User Computing, Infrastructure Management and Cloud Computing, IT Lifecycle Services and Enterprise Mobility Management.

Executives

Newcastle Partners L P	other: see attached explanation	5420 LYNDON B. JOHNSON FREEWAY, SUITE 1100, DALLAS TX 75240
Mark E Schwarz	director, 10 percent owner, officer: Chairman, other: see attached explanation	5420 LYNDON B. JOHNSON FREEWAY, SUITE 1100, DALLAS TX 75240
Newcastle Capital Group Llc	other: see attached explanation	5420 LYNDON B. JOHNSON FREEWAY, STE 1400, DALLAS TX 75240
Newcastle Capital Management Lp	other: see attached explanation	5420 LYNDON B. JOHNSON FREEWAY, SUITE 1100, DALLAS TX 75240
Clinton J Coleman	director, other: see attached explanation	C/O NEWCASTLE CAPITAL MANAGEMENT, L.P., 200 CRESCENT COURT, SUITE 1400, DALLAS TX 75201
Dale Booth	director

Bell Industries (Bell Industries) Headlines

No Headlines