Coastal Contacts (FRA:C9R1) ROCE % : -44.79% (As of Jan. 2014)

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What is Coastal Contacts 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. Coastal Contacts's annualized ROCE % for the quarter that ended in Jan. 2014 was -44.79%.

Coastal Contacts ROCE % Historical Data

The historical data trend for Coastal Contacts'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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Coastal Contacts ROCE % Chart

Coastal Contacts Annual Data

Trend

Oct04

Oct05

Oct06

Oct07

Oct08

Oct09

Oct10

Oct11

Oct12

Oct13

ROCE %

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12.44

8.37

-11.41

-10.02

-38.37

Coastal Contacts Quarterly Data
	Apr09	Jul09	Oct09	Jan10	Apr10	Jul10	Oct10	Jan11	Apr11	Jul11	Oct11	Jan12	Apr12	Jul12	Oct12	Jan13	Apr13	Jul13	Oct13	Jan14
ROCE %	Get a 7-Day Free Trial															-33.29	-70.19	-29.16	-20.18	-44.79

Coastal Contacts ROCE % Calculation

Coastal Contacts's annualized ROCE % for the fiscal year that ended in Oct. 2013 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Oct. 2013 )		(A: Oct. 2012 )		(A: Oct. 2013 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Oct. 2013 )		(A: Oct. 2012 )		(A: Oct. 2013 )
	=	-10.595	/	( ( (64.904 - 39.513)	+	(65.965 - 36.124) )	/ 2 )
	=	-10.595	/	( (25.391	+	29.841)	/ 2 )
	=	-10.595	/	27.616
	=	-38.37 %

Coastal Contacts's ROCE % of for the quarter that ended in Jan. 2014 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jan. 2014 )		(Q: Oct. 2013 )		(Q: Jan. 2014 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jan. 2014 )		(Q: Oct. 2013 )		(Q: Jan. 2014 )
	=	-12.736	/	( ( (65.965 - 36.124)	+	(59.624 - 32.599) )	/ 2 )
	=	-12.736	/	( ( 29.841	+	27.025 )	/ 2 )
	=	-12.736	/	28.433
	=	-44.79 %

(1) Note: The EBIT data used here is four times the quarterly (Jan. 2014) EBIT data.

Coastal Contacts (FRA:C9R1) 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.

Coastal Contacts ROCE % Related Terms

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Coastal Contacts (FRA:C9R1) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Coastal Contacts Inc (FRA:C9R1) » Definitions » ROCE %

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Address

Website

http://www.coastalcontacts.com

Coastal Contacts Inc. was incorporated under the Canada Business Corporations Act on December 14, 2000. The Company is an online retailer of vision care products. It is a direct-to-consumer retailer of vision care products and services. The Company sells contact lenses, eyeglasses and related products mainly through the Company's internet websites, although customers may also place orders over the telephone. It has operations and distribution centers in North America, Europe and Australia. The Company sells contact lenses manufactured by multinational companies such as Johnson and Johnson Inc., CIBA Vision Corporation (a division of Alcon), Bausch & Lomb Inc. and Coopervision Inc. It sells eyeglasses, which are mainly assembled in the Company's own laboratories, composed of frames and lenses purchased from a variety of different suppliers. The frames it uses in its eyeglasses include both branded frames and the Company's own private label frames such as Derek Cardigan, Kam Dhillon, Ltede and Joseph Marc. The Company also sells a variety of vision related products such as sunglasses and contact lens solutions including its own Healthy Eyes brand multipurpose contact lens solution for soft contact lenses. It offers substantially all of the soft contact lenses produced by the contact lens manufacturers, including Johnson & Johnson Inc., CIBA Vision Corporation, Bausch & Lomb Inc. and Coopervision Inc. The Company conducts all of its product fulfillment operations from the Company's distribution facilities in Vancouver, British Columbia, Canada; Stockholm, Sweden; Blaine, Washington and Sydney, Australia.

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