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

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What is WRIT Media Group ROCE %?

WRIT Media Group WRIT ROCE % is -0.95% as of Dec. 2017.

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  (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

WRIT Media Group ROCE % Historical Data

* Premium members only.

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.

WRIT Media Group ROCE % Chart

WRIT Media Group Annual Data
Trend Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 1,772.66 0.00 0.00 -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 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 -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.

* 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of -0.95% mean?
WRIT Media Group (WRIT) has a ROCE % of -0.95% as of Dec. 2017.
Is WRIT Media Group's ROCE % too high?
WRIT Media Group's current ROCE % is -0.95%.
How does WRIT Media Group's ROCE % compare to ASKH and AFOM?
WRIT Media Group's ROCE % of -0.95% can be compared against companies in the Media - Diversified industry. The industry median ROCE % is 3.18. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Media - Diversified company?
The median ROCE % among Media - Diversified companies is 3.18, based on 978 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Media - Diversified industry, the median ROCE % is 3.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. WRIT Media Group's current ROCE % is -0.95%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WRIT Media Group stock overvalued right now?
WRIT Media Group (WRIT) has a current ROCE % of -0.95%. The current ROCE % is -0.95%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For WRIT Media Group (WRIT), the current ROCE % is -0.95% as of Dec. 2017. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

WRIT Media Group Business Description

Address 1980 Festival Plaza Drive, Suite 300, Las Vegas, NV, USA, 89135
WRIT Media Group Inc is a part of the media industry. The company is mainly engaged in producing films, television programs, and similar entertainment programs for various media formats. It is a content creation company, that produces, acquires, licenses, and distributes music-related content in three-dimensional (3-D) for initial digital broadcast into digitally-enabled movie theatres. The company 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.