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Vivid Technology (Vivid Technology) ROCE % : -386.36% (As of Dec. 2018)


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What is Vivid Technology 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. Vivid Technology's annualized ROCE % for the quarter that ended in Dec. 2018 was -386.36%.


Vivid Technology ROCE % Historical Data

The historical data trend for Vivid Technology'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.

Vivid Technology ROCE % Chart

Vivid Technology Annual Data
Trend Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -60.51 -99.56 -119.27 -107.96 -119.50

Vivid Technology Semi-Annual Data
Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18
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 -87.81 -101.58 -70.93 -147.27 -386.36

Vivid Technology ROCE % Calculation

Vivid Technology's annualized ROCE % for the fiscal year that ended in Jun. 2018 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Jun. 2018 )  (A: Jun. 2017 )(A: Jun. 2018 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Jun. 2018 )  (A: Jun. 2017 )(A: Jun. 2018 )
=-3.986/( ( (6.591 - 1.905) + (5.836 - 3.851) )/ 2 )
=-3.986/( (4.686+1.985)/ 2 )
=-3.986/3.3355
=-119.50 %

Vivid Technology's ROCE % of for the quarter that ended in Dec. 2018 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2018 )  (Q: Jun. 2018 )(Q: Dec. 2018 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2018 )  (Q: Jun. 2018 )(Q: Dec. 2018 )
=-6.796/( ( (5.836 - 3.851) + (3.94 - 2.407) )/ 2 )
=-6.796/( ( 1.985 + 1.533 )/ 2 )
=-6.796/1.759
=-386.36 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2018) 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.


Vivid Technology  (OTCPK:VVDTF) 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.


Vivid Technology ROCE % Related Terms

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Vivid Technology (Vivid Technology) Business Description

Traded in Other Exchanges
N/A
Address
500 Collins Street, Level 14, Melbourne, VIC, AUS, 3000
Vivid Technology Ltd is an Australian-based renewable energy company with interests in technology-focused solutions in industrial energy efficiency and CO2-to-fuel conversion markets. The company operates through three segments: Industrial Energy Efficiency which provides lighting solutions to industrial and commercial business in Australia and Pacific Rim, The Technology investment segment includes technology investments or projects; The Other investment segment includes company's previous investment in geothermal activities. The company generates maximum revenue from Energy efficiency segment.

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