Solidus Communications (Solidus Communications) ROCE % : 0.00% (As of Nov. 2016)

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What is Solidus Communications 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. Solidus Communications's annualized ROCE % for the quarter that ended in Nov. 2016 was 0.00%.

Solidus Communications ROCE % Historical Data

The historical data trend for Solidus Communications'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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Solidus Communications ROCE % Chart

Solidus Communications Annual Data

Trend

Nov07

Nov08

Nov09

Nov10

Nov11

Nov12

Nov13

Nov14

Nov15

Nov16

ROCE %

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Solidus Communications Semi-Annual Data
	Nov07	Nov08	Nov09	Nov10	Nov11	Nov12	Nov13	Nov14	Nov15	Nov16
ROCE %	Get a 7-Day Free Trial					-	-	-	-	-

Solidus Communications ROCE % Calculation

Solidus Communications's annualized ROCE % for the fiscal year that ended in Nov. 2016 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Nov. 2016 )		(A: Nov. 2015 )		(A: Nov. 2016 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Nov. 2016 )		(A: Nov. 2015 )		(A: Nov. 2016 )
	=	1.682	/	( ( (0.057 - 6.113)	+	(0.097 - 5.162) )	/ 2 )
	=	1.682	/	( (-6.056	+	-5.065)	/ 2 )
	=	1.682	/	-5.5605
	=	-30.25 %

Solidus Communications's ROCE % of for the quarter that ended in Nov. 2016 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Nov. 2016 )		(Q: Nov. 2015 )		(Q: Nov. 2016 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Nov. 2016 )		(Q: Nov. 2015 )		(Q: Nov. 2016 )
	=	1.682	/	( ( (0.057 - 6.113)	+	(0.097 - 5.162) )	/ 2 )
	=	1.682	/	( ( -6.056	+	-5.065 )	/ 2 )
	=	1.682	/	-5.5605
	=	0 %

(1) Note: The EBIT data used here is one times the annual (Nov. 2016) EBIT data.

Solidus Communications (OTCPK:SLDC) 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.

Solidus Communications ROCE % Related Terms

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Solidus Communications (Solidus Communications) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Solidus Communications Inc (OTCPK:SLDC) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

454 South Yonge Street, Suite 3A, Ormond Beach, FL, USA, 32174

Website

https://www.soliduscommunications.com

Solidus Communications Inc offers telecommunication services and equipment, including mobile phones, mobile voice service, and VoIP service. It offers prepaid service/plans that include predefined minute/unlimited minute plans. It offers services under the brand names Amgentech and Telco Cuba. Under the brand name Telco Cuba, the company is targeting the Cuban American demographic in the United States. Under the brand name Amgentech, offers the best of breed technology solutions which include, but are not limited to Software and Network architecture services, software development, website development, hosting and colocation services, managed network and server services, voice over IP servers and bulk mailing services.

Executives

Jmz Alliance Group, Inc.	10 percent owner	1108 KANE CONCOURSE, #206, HARBOR ISLANDS FL 33154
Pucillo Frederick J. Jr.	director, officer: CEO, President	111 AIRPORT RD., UNIT 5, WARWICK RI 02889
Malkeet Singh Bains	director, 10 percent owner, officer: President, Secretary-Treasurer	7445 132ND STREET, SUITE 2008, SURREY A1 V3W 5S8

Solidus Communications (Solidus Communications) Headlines

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