Loral Spacemmunications (FRA:1L8) ROCE % : -15.52% (As of Sep. 2021)

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What is Loral Spacemmunications 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. Loral Spacemmunications's annualized ROCE % for the quarter that ended in Sep. 2021 was -15.52%.

Loral Spacemmunications ROCE % Historical Data

The historical data trend for Loral Spacemmunications'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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Loral Spacemmunications ROCE % Chart

Loral Spacemmunications Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

ROCE %

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-3.53

-2.65

-1.53

-1.55

-3.19

Loral Spacemmunications Quarterly Data
	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21
ROCE %	Get a 7-Day Free Trial															3.55	-9.94	-6.28	-5.51	-15.52

Loral Spacemmunications ROCE % Calculation

Loral Spacemmunications's annualized ROCE % for the fiscal year that ended in Dec. 2020 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2020 )		(A: Dec. 2019 )		(A: Dec. 2020 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2020 )		(A: Dec. 2019 )		(A: Dec. 2020 )
	=	-8.804	/	( ( (351.729 - 4.945)	+	(209.174 - 3.979) )	/ 2 )
	=	-8.804	/	( (346.784	+	205.195)	/ 2 )
	=	-8.804	/	275.9895
	=	-3.19 %

Loral Spacemmunications's ROCE % of for the quarter that ended in Sep. 2021 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2021 )		(Q: Jun. 2021 )		(Q: Sep. 2021 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2021 )		(Q: Jun. 2021 )		(Q: Sep. 2021 )
	=	-37.756	/	( ( (251.545 - 4.082)	+	(249.431 - 10.449) )	/ 2 )
	=	-37.756	/	( ( 247.463	+	238.982 )	/ 2 )
	=	-37.756	/	243.2225
	=	-15.52 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2021) EBIT data.

Loral Spacemmunications (FRA:1L8) 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.

Loral Spacemmunications ROCE % Related Terms

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Loral Spacemmunications (FRA:1L8) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Loral Space & Communications Inc (FRA:1L8) » Definitions » ROCE %

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Traded in Other Exchanges

N/A

Address

600 Fifth Avenue, New York, NY, USA, 10020

Website

http://www.loral.com

Loral Space & Communications Inc is a provider of satellite-based communications services. The firm generates revenue from two main sources: broadcast services and enterprise services. The former includes video distribution and contribution for broadcasters and cable networks. The latter offers telecommunication carrier and integrator services, two-way Internet services, and maritime and aeronautical services for carriers, and communications providers. A large majority of the firm's revenue is generated in the United States and Canada, with the rest coming from Latin America, Europe, and the Middle East and Africa.

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