magicJack VocalTec (magicJack VocalTec) ROCE % : 17.94% (As of Sep. 2018)

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What is magicJack VocalTec 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. magicJack VocalTec's annualized ROCE % for the quarter that ended in Sep. 2018 was 17.94%.

magicJack VocalTec ROCE % Historical Data

The historical data trend for magicJack VocalTec'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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magicJack VocalTec ROCE % Chart

magicJack VocalTec Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

ROCE %

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67.61

12.41

22.43

12.40

-27.76

magicJack VocalTec Quarterly Data
	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18
ROCE %	Get a 7-Day Free Trial															17.64	-133.91	11.91	20.52	17.94

magicJack VocalTec ROCE % Calculation

magicJack VocalTec's annualized ROCE % for the fiscal year that ended in Dec. 2017 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2017 )		(A: Dec. 2016 )		(A: Dec. 2017 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2017 )		(A: Dec. 2016 )		(A: Dec. 2017 )
	=	-28.092	/	( ( (174.517 - 61.25)	+	(141.042 - 51.896) )	/ 2 )
	=	-28.092	/	( (113.267	+	89.146)	/ 2 )
	=	-28.092	/	101.2065
	=	-27.76 %

magicJack VocalTec's ROCE % of for the quarter that ended in Sep. 2018 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2018 )		(Q: Jun. 2018 )		(Q: Sep. 2018 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2018 )		(Q: Jun. 2018 )		(Q: Sep. 2018 )
	=	17.428	/	( ( (142.351 - 46.529)	+	(144.276 - 45.787) )	/ 2 )
	=	17.428	/	( ( 95.822	+	98.489 )	/ 2 )
	=	17.428	/	97.1555
	=	17.94 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2018) EBIT data.

magicJack VocalTec (NAS:CALL) 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.

magicJack VocalTec ROCE % Related Terms

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magicJack VocalTec (magicJack VocalTec) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » magicJack VocalTec Ltd (NAS:CALL) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.vocaltec.com

magicJack VocalTec Ltd is a cloud communications company. It provides VoIP services including magicJack, magicJack Go and MagicJack Plus. The company owns the United States Wireline-based Telecom company in terms of home phone numbers available and certifications. It also owns softphone, session border controller, app server and chip companies. The company also provides Unified Communication as a Service (UCaaS) for medium-to-large multi-location enterprise customers, through its Broadsmart division.

Executives

Alan B Howe	director	1155 KAS DRIVE SUITE 100, RICHARDSON TX 75081
B. Riley Financial, Inc.	10 percent owner	11100 SANTA MONICA BLVD, SUITE 800, LOS ANGELES CA 90025
B. Riley Securities, Inc.	10 percent owner	11100 SANTA MONICA BLVD, SUITE 800, LOS ANGELES CA 90025
Bell Don Carlos Iii	director, officer: President and CEO	3713 SOUTHWESTERN BLVD, DALLAS TX 75225
Jose Gordo	officer: Chief Financial Officer	C/O YMAX CORPORATION, 5700 GEORGIA AVENUE, WEST PALM BEACH FL 33405
Adams Street Partners Llc	10 percent owner	ONE NORTH WACKER DRIVE, STE 2700, CHICAGO IL 60606-2807

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