MOBBW (Mobilicom) ROCE % : -23.94% (As of Jun. 2024)

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What is Mobilicom 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. Mobilicom's annualized ROCE % for the quarter that ended in Jun. 2024 was -23.94%.

Mobilicom ROCE % Historical Data

The historical data trend for Mobilicom'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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Mobilicom ROCE % Chart

Mobilicom Annual Data

Trend

Jun16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-65.61

-63.47

-66.34

-2.28

-44.50

Mobilicom Quarterly Data
	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
ROCE %	Get a 7-Day Free Trial										-211.39	64.87	-48.63	-140.49	-23.94

Mobilicom ROCE % Calculation

Mobilicom's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	-4.562	/	( ( (14.427 - 2.068)	+	(10.855 - 2.709) )	/ 2 )
	=	-4.562	/	( (12.359	+	8.146)	/ 2 )
	=	-4.562	/	10.2525
	=	-44.50 %

Mobilicom's ROCE % of for the quarter that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2024 )		(Q: Dec. 2023 )		(Q: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2024 )		(Q: Dec. 2023 )		(Q: Jun. 2024 )
	=	-1.992	/	( ( (10.855 - 2.709)	+	(11.303 - 2.808) )	/ 2 )
	=	-1.992	/	( ( 8.146	+	8.495 )	/ 2 )
	=	-1.992	/	8.3205
	=	-23.94 %

(1) Note: The EBIT data used here is four times the quarterly (Jun. 2024) EBIT data.

Mobilicom (NAS:MOBBW) 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.

Mobilicom ROCE % Related Terms

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Mobilicom Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Mobilicom Ltd (NAS:MOBBW) » Definitions » ROCE %

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MOB:USA

Address

1 Rakefet Street, Shoham, ISR, 6083705

Website

https://www.mobilicom-ltd.com.au

Mobilicom Ltd is a provider of cybersecurity and smart solutions for drones, robotics & autonomous platforms. As a high-tech company, it designs, develops, and delivers smart solutions targeting global drone, robotics, and autonomous system manufacturers.