Forum Mobile (Forum Mobile) ROCE % : -1,809.67% (As of Jun. 2006)

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What is Forum Mobile 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. Forum Mobile's annualized ROCE % for the quarter that ended in Jun. 2006 was -1,809.67%.

Forum Mobile ROCE % Historical Data

The historical data trend for Forum Mobile'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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Forum Mobile ROCE % Chart

Forum Mobile Annual Data

Trend

Dec00

Dec01

Dec02

Dec03

Dec04

Dec05

ROCE %

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-558.75

-173.78

Forum Mobile Quarterly Data
	Sep01	Dec01	Mar02	Jun02	Sep02	Dec02	Mar03	Jun03	Sep03	Dec03	Mar04	Jun04	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06
ROCE %	Get a 7-Day Free Trial															11.96	-24.12	-330.44	-36.57	-1,809.67

Forum Mobile ROCE % Calculation

Forum Mobile's annualized ROCE % for the fiscal year that ended in Dec. 2005 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2005 )		(A: Dec. 2004 )		(A: Dec. 2005 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2005 )		(A: Dec. 2004 )		(A: Dec. 2005 )
	=	-6.383	/	( ( (0.362 - 2.918)	+	(25.252 - 15.35) )	/ 2 )
	=	-6.383	/	( (-2.556	+	9.902)	/ 2 )
	=	-6.383	/	3.673
	=	-173.78 %

Forum Mobile's ROCE % of for the quarter that ended in Jun. 2006 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2006 )		(Q: Mar. 2006 )		(Q: Jun. 2006 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2006 )		(Q: Mar. 2006 )		(Q: Jun. 2006 )
	=	-31.624	/	( ( (23.136 - 14.227)	+	(13.502 - 18.916) )	/ 2 )
	=	-31.624	/	( ( 8.909	+	-5.414 )	/ 2 )
	=	-31.624	/	1.7475
	=	-1,809.67 %

(1) Note: The EBIT data used here is four times the quarterly (Jun. 2006) EBIT data.

Forum Mobile (OTCPK:FRMB) 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.

Forum Mobile ROCE % Related Terms

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Forum Mobile (Forum Mobile) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Forum Mobile Inc (OTCPK:FRMB) » Definitions » ROCE %

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Traded in Other Exchanges

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Address

26 Broadway, 21st Floor, New York, NY, USA, 10004

Website

http://www.forum-mobile.com

Forum Mobile Inc is a global Mobile Virtual Network Enabler (MVNE) based in the USA. It specializes in MVNE, Mobile Services, Telecom, and cloud services. The company is active in a variety of complimentary fields such as private banking, business development and consulting and provides hosting and trading platforms. Geographically the business activities are operated through United States.

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