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MOBO (Mobile Lads) ROCE % : -222.63% (As of Jul. 2016)


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What is Mobile Lads 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. Mobile Lads's annualized ROCE % for the quarter that ended in Jul. 2016 was -222.63%.

Mobile Lads ROCE % Historical Data

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

Mobile Lads Annual Data
Trend Apr13 Apr14 Apr15
ROCE %
- - -236.89

Mobile Lads Quarterly Data
Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - -441.35 -222.63

Mobile Lads ROCE % Calculation

Mobile Lads's annualized ROCE % for the fiscal year that ended in Apr. 2015 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Apr. 2015 )  (A: Apr. 2014 )(A: Apr. 2015 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Apr. 2015 )  (A: Apr. 2014 )(A: Apr. 2015 )
=-0.289/( ( (0 - 0) + (0.146 - 0.024) )/ 1 )
=-0.289/( (0+0.122)/ 1 )
=-0.289/0.122
=-236.89 %

Mobile Lads's ROCE % of for the quarter that ended in Jul. 2016 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jul. 2016 )  (Q: Apr. 2016 )(Q: Jul. 2016 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jul. 2016 )  (Q: Apr. 2016 )(Q: Jul. 2016 )
=-2.932/( ( (1.645 - 0.187) + (1.46 - 0.284) )/ 2 )
=-2.932/( ( 1.458 + 1.176 )/ 2 )
=-2.932/1.317
=-222.63 %

(1) Note: The EBIT data used here is four times the quarterly (Jul. 2016) EBIT data.

* 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.

Mobile Lads  (OTCPK:MOBO) 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.

Mobile Lads ROCE % Related Terms

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Mobile Lads Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Mobile Lads Corp (OTCPK:MOBO) » Definitions » ROCE %
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Traded in Other Exchanges
N/A
Address
2616 Willow Wren Drive, North Las Vegas, NV, USA, 89084
Website
http://www.mobilelads.com
Mobile Lads Corp provides consumers with a suite of products and services covering hardware and software solutions. Through its manufacturing and business partners, Mobile Lads is able to supply superior-quality smartphones and other mobile devices and services to businesses and their consumer base. Because of the relationships with its partners, the company creates residual income streams through the sale of benefits and services, including insurance and MasterCard issuance, and international money remittance.