Competitive (Competitive) ROCE % : -227.57% (As of Sep. 2017)

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What is Competitive 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. Competitive's annualized ROCE % for the quarter that ended in Sep. 2017 was -227.57%.

Competitive ROCE % Historical Data

The historical data trend for Competitive'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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Competitive ROCE % Chart

Competitive Annual Data

Trend

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ROCE %

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Competitive Quarterly Data
	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17
ROCE %	Get a 7-Day Free Trial															-	-270.46	-225.13	-206.83	-227.57

Competitive ROCE % Calculation

Competitive's annualized ROCE % for the fiscal year that ended in Dec. 2016 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2016 )		(A: Dec. 2015 )		(A: Dec. 2016 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2016 )		(A: Dec. 2015 )		(A: Dec. 2016 )
	=	-3.362	/	( ( (2.283 - 6.581)	+	(3.79 - 2.137) )	/ 2 )
	=	-3.362	/	( (-4.298	+	1.653)	/ 2 )
	=	-3.362	/	-1.3225
	=	254.22 %

Competitive's ROCE % of for the quarter that ended in Sep. 2017 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2017 )		(Q: Jun. 2017 )		(Q: Sep. 2017 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2017 )		(Q: Jun. 2017 )		(Q: Sep. 2017 )
	=	-3.384	/	( ( (3.849 - 2.068)	+	(3.122 - 1.929) )	/ 2 )
	=	-3.384	/	( ( 1.781	+	1.193 )	/ 2 )
	=	-3.384	/	1.487
	=	-227.57 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2017) EBIT data.

Competitive (GREY:CCOP) 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.

Competitive ROCE % Related Terms

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Competitive (Competitive) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Competitive Companies Inc (GREY:CCOP) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

19206 Huebner Road, Suite 202, San Antonio, TX, USA, 78258

Website

http://www.cci-us.com

Competitive Companies Inc is a US-based firm engaged in the telecommunication service business. The company is a holding company through its subsidiaries engages in providing fixed and mobile wireless broadband Internet services nationally and internationally to wholesale, retail and enterprise customers. Most of its revenues are generated from the sale of wired and wireless services such as data cards and back-office platforms.

Competitive (Competitive) Headlines

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