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Technology Solutions Co (Technology Solutions Co) ROCE % : -29.27% (As of Dec. 2008)


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What is Technology Solutions Co 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. Technology Solutions Co's annualized ROCE % for the quarter that ended in Dec. 2008 was -29.27%.


Technology Solutions Co ROCE % Historical Data

The historical data trend for Technology Solutions Co'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.

Technology Solutions Co ROCE % Chart

Technology Solutions Co Annual Data
Trend Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -22.96 -46.44 -45.30 -62.04 -22.91

Technology Solutions Co Quarterly Data
Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08
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 -22.11 -0.12 -13.59 -34.71 -29.27

Technology Solutions Co ROCE % Calculation

Technology Solutions Co's annualized ROCE % for the fiscal year that ended in Dec. 2008 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2008 )  (A: Dec. 2007 )(A: Dec. 2008 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2008 )  (A: Dec. 2007 )(A: Dec. 2008 )
=-2.235/( ( (15.434 - 5.262) + (10.609 - 1.266) )/ 2 )
=-2.235/( (10.172+9.343)/ 2 )
=-2.235/9.7575
=-22.91 %

Technology Solutions Co's ROCE % of for the quarter that ended in Dec. 2008 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2008 )  (Q: Sep. 2008 )(Q: Dec. 2008 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2008 )  (Q: Sep. 2008 )(Q: Dec. 2008 )
=-2.904/( ( (12.176 - 1.674) + (10.609 - 1.266) )/ 2 )
=-2.904/( ( 10.502 + 9.343 )/ 2 )
=-2.904/9.9225
=-29.27 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2008) 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.


Technology Solutions Co  (OTCPK:TSCC) 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.


Technology Solutions Co ROCE % Related Terms

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Technology Solutions Co (Technology Solutions Co) Business Description

Traded in Other Exchanges
N/A
Address
55 East Monroe street, Suite 2600, Chicago, IL, USA, 60603
Website
Technology Solutions Co provides business-consulting services across a broad range of industries and areas of expertise. The company provides business strategy and assessment services.
Executives
Miller Lloyd I Iii 10 percent owner
Gerald Luterman director 70 VALLEY STREAM PARKWAY, MALVERN PA 19355
John R Purcell director 14155 US HIGHWAY #310, JUNO BEACH FL 33408-1431
Stephen B Oresman director 49 SUNSWYCK ROAD, DARIEN CT 06820
William H Waltrip director, officer: Former Chairman 901 GATEWAY BLVD, SOUTH SAN FRANCISCO CA 94080

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