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NeoMagic (NeoMagic) ROCE % : 0.00% (As of Oct. 2010)


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What is NeoMagic 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. NeoMagic's annualized ROCE % for the quarter that ended in Oct. 2010 was 0.00%.

NeoMagic ROCE % Historical Data

The historical data trend for NeoMagic'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.

* Premium members only.

NeoMagic ROCE % Chart

NeoMagic Annual Data
Trend Jan00 Jan01 Jan02 Jan03 Jan04 Jan05 Jan06 Jan07 Jan08 Jan09
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -84.74 -42.70 -92.90 -189.27 -2,455.88

NeoMagic Quarterly Data
Jan06 Apr06 Jul06 Oct06 Jan07 Apr07 Jul07 Oct07 Jan08 Apr08 Jul08 Oct08 Jan09 Apr09 Jul09 Oct09 Jan10 Apr10 Jul10 Oct10
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - -2,130.03 -

NeoMagic ROCE % Calculation

NeoMagic's annualized ROCE % for the fiscal year that ended in Jan. 2009 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Jan. 2009 )  (A: Jan. 2008 )(A: Jan. 2009 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Jan. 2009 )  (A: Jan. 2008 )(A: Jan. 2009 )
=-8.043/( ( (7.613 - 3.638) + (0.535 - 3.855) )/ 2 )
=-8.043/( (3.975+-3.32)/ 2 )
=-8.043/0.3275
=-2,455.88 %

NeoMagic's ROCE % of for the quarter that ended in Oct. 2010 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Oct. 2010 )  (Q: Jul. 2010 )(Q: Oct. 2010 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Oct. 2010 )  (Q: Jul. 2010 )(Q: Oct. 2010 )
=-0.52/( ( (0.908 - 0.965) + (0.633 - 0.704) )/ 2 )
=-0.52/( ( -0.057 + -0.071 )/ 2 )
=-0.52/-0.064
=0 %

(1) Note: The EBIT data used here is four times the quarterly (Oct. 2010) 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.

NeoMagic  (OTCPK:NMGC) 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.

NeoMagic ROCE % Related Terms

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NeoMagic (NeoMagic) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » NeoMagic Corp (OTCPK:NMGC) » Definitions » ROCE %
Comparable Companies
ASX:KTE BOM:517166 PRKR MOSY PENC BOM:517035 XCNQ:MRM ROCO:6545 ROCO:3073 ROCO:5262 TSXV:QNC ROCO:3288 ROCO:3219 ROCO:5468 LEDS ROCO:3429 ROCO:6198 ROCO:5297 XKRX:158300 TPE:3383
Traded in Other Exchanges
N/A
Address
830 Hillview Court, Suite 138, Milpitas, CA, USA, 95035
Website
http://www.neomagic.com
NeoMagic Corp designs and delivers consumer electronic device solutions with semiconductors and software for video, television, imaging, graphics, and audio. The products are offered under the MiMagic name.
Executives
Marxe Austin W & Greenhouse David M 10 percent owner C/O SPECIAL SITUATIONS FUNDS, 527 MADISON AVENUE, SUITE 2600, NEW YORK NY 10022
Steve Valenzuela director 1800 GREEN HILLS ROAD, SCOTTS VALLEY CA 95066
Brett Moyer director C/O FOCUS ENHANCEMENTS INC, 1370 DELL AVE, CAMPBELL CA 95008
Stephen Lanza officer: VP Operations & Finance, CFO 4650 CUSHING PARKWAY, FREMONT CA 94538