WRIT Media Group (WRIT Media Group) ROCE % : -0.95% (As of Dec. 2017)

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What is WRIT Media Group 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. WRIT Media Group's annualized ROCE % for the quarter that ended in Dec. 2017 was -0.95%.

WRIT Media Group ROCE % Historical Data

The historical data trend for WRIT Media Group'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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WRIT Media Group ROCE % Chart

WRIT Media Group Annual Data

Trend

Mar08

Mar09

Mar10

Mar11

Mar12

Mar13

Mar14

Mar15

Mar16

Mar17

ROCE %

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1,772.66

-41.45

WRIT Media Group Quarterly Data
	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17
ROCE %	Get a 7-Day Free Trial															-16.30	-17.29	-35.90	-48.02	-0.95

WRIT Media Group ROCE % Calculation

WRIT Media Group's annualized ROCE % for the fiscal year that ended in Mar. 2017 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2017 )		(A: Mar. 2016 )		(A: Mar. 2017 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2017 )		(A: Mar. 2016 )		(A: Mar. 2017 )
	=	-0.634	/	( ( (0.001 - 0.621)	+	(4.769 - 1.09) )	/ 2 )
	=	-0.634	/	( (-0.62	+	3.679)	/ 2 )
	=	-0.634	/	1.5295
	=	-41.45 %

WRIT Media Group's ROCE % of for the quarter that ended in Dec. 2017 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2017 )		(Q: Sep. 2017 )		(Q: Dec. 2017 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2017 )		(Q: Sep. 2017 )		(Q: Dec. 2017 )
	=	-0.036	/	( ( (4.572 - 0.843)	+	(5.661 - 1.827) )	/ 2 )
	=	-0.036	/	( ( 3.729	+	3.834 )	/ 2 )
	=	-0.036	/	3.7815
	=	-0.95 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2017) EBIT data.

WRIT Media Group (OTCPK:WRIT) 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.

WRIT Media Group ROCE % Related Terms

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WRIT Media Group (WRIT Media Group) Business Description

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GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » WRIT Media Group Inc (OTCPK:WRIT) » Definitions » ROCE %

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Address

1980 Festival Plaza Drive, Suite 300, Las Vegas, NV, USA, 89135

Website

https://www.writmediagroup.com

WRIT Media Group Inc is a part of the media industry. It is mainly engaged in producing films, television programs, and similar entertainment programs for various media formats. It is a content creation company, which produces, acquires, licenses, and distributes music-related content in three-dimensional (3-D), and ultra-high definition (4K) for initial worldwide digital broadcast into digitally-enabled movie theatres. It also licenses classic pre-Windows computer game libraries and adapts, and republishes titles for smartphones, game consoles, personal computers, tablets, and other television streaming devices.

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