UTStarcom Holdings (STU:UT5) ROCE % : -10.40% (As of Dec. 2023)

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What is UTStarcom Holdings 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. UTStarcom Holdings's annualized ROCE % for the quarter that ended in Dec. 2023 was -10.40%.

UTStarcom Holdings ROCE % Historical Data

The historical data trend for UTStarcom Holdings'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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UTStarcom Holdings ROCE % Chart

UTStarcom Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-3.79

-26.69

-3.47

-4.57

-11.73

UTStarcom Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial															-9.20	-8.42	-0.42	-13.43	-10.40

UTStarcom Holdings ROCE % Calculation

UTStarcom Holdings'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 )
	=	-6.241	/	( ( (84.233 - 27.235)	+	(71.238 - 21.782) )	/ 2 )
	=	-6.241	/	( (56.998	+	49.456)	/ 2 )
	=	-6.241	/	53.227
	=	-11.73 %

UTStarcom Holdings's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	-5.248	/	( ( (72.483 - 21.002)	+	(71.238 - 21.782) )	/ 2 )
	=	-5.248	/	( ( 51.481	+	49.456 )	/ 2 )
	=	-5.248	/	50.4685
	=	-10.40 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

UTStarcom Holdings (STU:UT5) 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.

UTStarcom Holdings ROCE % Related Terms

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UTStarcom Holdings (STU:UT5) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » UTStarcom Holdings Corp (STU:UT5) » Definitions » ROCE %

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Traded in Other Exchanges

UTSI:USA

Address

368 Liuhe Road, 4th Floor, South Wing, Binjiang District, Hangzhou, CHN, 310052

Website

https://www.utstar.com

UTStarcom Holdings Corp operates as a telecom infrastructure provider. It develops technology for bandwidth from cloud-based services, mobile, streaming, and other applications. The range of solutions is designed to expand and modernize telecommunications networks through smooth network system integration, lower operating costs, and increased broadband access. The business activity of the firm is operated through the Equipment and Service segment. The Equipment segment is focused on equipment sales, including network infrastructure and application products, and the Service segment is engaged in providing services and support of equipment products and also the new operational support. The company operates in China, India, Japan, Taiwan, and other countries.

UTStarcom Holdings (STU:UT5) Headlines

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