ULBI (Ultralife) ROCE % : 1.42% (As of Sep. 2024)

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What is Ultralife 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. Ultralife's annualized ROCE % for the quarter that ended in Sep. 2024 was 1.42%.

Ultralife ROCE % Historical Data

The historical data trend for Ultralife'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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Ultralife ROCE % Chart

Ultralife Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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6.28

6.06

0.07

0.36

7.57

Ultralife Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															6.31	9.67	10.59	11.13	1.42

Ultralife ROCE % Calculation

Ultralife'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 )
	=	11.133	/	( ( (168.43 - 28.913)	+	(178.276 - 23.73) )	/ 2 )
	=	11.133	/	( (139.517	+	154.546)	/ 2 )
	=	11.133	/	147.0315
	=	7.57 %

Ultralife's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	2.104	/	( ( (169.817 - 20.573)	+	(172.44 - 26.204) )	/ 2 )
	=	2.104	/	( ( 149.244	+	146.236 )	/ 2 )
	=	2.104	/	147.74
	=	1.42 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2024) EBIT data.

Ultralife (NAS:ULBI) 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.

Ultralife ROCE % Related Terms

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Ultralife Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Ultralife Corp (NAS:ULBI) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

ULB:Germany

Address

2000 Technology Parkway, Newark, NY, USA, 14513

Website

https://www.ultralifecorporation.com

Ultralife Corp provides products and services ranging from power solutions to communications and electronics systems to customers across the globe in the government and defense, medical, safety and security, energy, and industrial sectors. The company designs, manufactures, installs, and maintains power and communications systems including rechargeable and non-rechargeable batteries, charging systems, communications and electronics systems and accessories, and custom-engineered systems. The company's segments include Battery and Energy Products, and Communications Systems. It generates maximum revenue from the Battery and Energy Products segment, and from the U.S. The Battery & Energy Products segment includes Lithium 9-volt, cylindrical, and various other non-rechargeable batteries.

Executives

Michael Edward Manna	director, officer: President and CEO	2000 TECHNOLOGY PARKWAY, NEWARK NY 14513
W. Shaw Robert	director	2000 TECHNOLOGY PARKWAY, NEWARK NY 14513
Janie Goddard	director	C/O ACON - 1133 CONNECTICUT AVENUE, NW, SUITE 700, WASHINGTON DC 20036
Bradford T Whitmore	10 percent owner	5215 OLD ORCHARD ROAD, SUITE 620, SKOKIE IL 60077
Thomas Louis Saeli	director	2000 TECHNOLOGY PARKWAY, NEWARK NY 14513
Philip A Fain	officer: Vice President	C/O CXO ON THE GO OF DELAWARE, LLC, 3349 MONROE AVENUE, # 256, ROCHESTER NY 14618
Michael D Popielec	director, officer: President and CEO	2000 TECHNOLOGY PARKWAY, NEWARK NY 14513
Steven Mark Anderson	director	2000 TECHNOLOGY PARKWAY, NEWARK NY 14513
Sunray I, Llc	10 percent owner	1560 SHERMAN AVENUE, SUITE 900, EVANSTON IL 60201
James A. Croce	director	2000 TECHNOLOGY PARKWAY, NEWARK NY 14513
Spurgeon Corp	10 percent owner	407 S. THIRD STREET, SUITE 230, GENEVA IL 60134
Patricia C Barron	director	6601 WEST BROAD STREET, P O BOX 27003, RICHMOND VA 23261-7003
Daniel W Christman	director	C/O ENTEGRIS, INC., 129 CONCORD ROAD, BILLERICA MA 01821
Paula H Cholmondeley	director	221 W PHILADELPHIA ST, SUITE 60W, YORK PA 17401-2991
Ranjit C Singh	director