Dell-VMWare Tracking Stock (XTER:12D) ROCE % : 8.43% (As of Oct. 2018)

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What is Dell-VMWare Tracking Stock 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. Dell-VMWare Tracking Stock's annualized ROCE % for the quarter that ended in Oct. 2018 was 8.43%.

Dell-VMWare Tracking Stock ROCE % Historical Data

The historical data trend for Dell-VMWare Tracking Stock'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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Dell-VMWare Tracking Stock ROCE % Chart

Dell-VMWare Tracking Stock Annual Data

Trend

Jan17

Jan18

ROCE %

8.57

Dell-VMWare Tracking Stock Quarterly Data
	Oct16	Jan17	Apr17	Jul17	Oct17	Jan18	Apr18	Jul18	Oct18
ROCE %	Get a 7-Day Free Trial				8.84	11.58	7.13	9.16	8.43

Dell-VMWare Tracking Stock ROCE % Calculation

Dell-VMWare Tracking Stock's annualized ROCE % for the fiscal year that ended in Jan. 2018 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jan. 2018 )		(A: Jan. 2017 )		(A: Jan. 2018 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jan. 2018 )		(A: Jan. 2017 )		(A: Jan. 2018 )
	=	1384.98	/	( ( (15429.16 - 0)	+	(16910.04 - 0) )	/ 2 )
	=	1384.98	/	( (15429.16	+	16910.04)	/ 2 )
	=	1384.98	/	16169.6
	=	8.57 %

Dell-VMWare Tracking Stock's ROCE % of for the quarter that ended in Oct. 2018 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Oct. 2018 )		(Q: Jul. 2018 )		(Q: Oct. 2018 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Oct. 2018 )		(Q: Jul. 2018 )		(Q: Oct. 2018 )
	=	1722.6	/	( ( (20038.104 - 0)	+	(20846.94 - 0) )	/ 2 )
	=	1722.6	/	( ( 20038.104	+	20846.94 )	/ 2 )
	=	1722.6	/	20442.522
	=	8.43 %

(1) Note: The EBIT data used here is four times the quarterly (Oct. 2018) EBIT data.

Dell-VMWare Tracking Stock (XTER:12D) 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.

Dell-VMWare Tracking Stock ROCE % Related Terms

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Dell-VMWare Tracking Stock (XTER:12D) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Dell-VMWare Tracking Stock (XTER:12D) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

https://www.delltechnologies.com

Dell-VMWare Tracking Stock was incorporated in the state of Delaware on January 31, 2013 under the name of Denali Holding Inc. It changed its name to Dell Technologies Inc. on August 25, 2016. On September 7, 2016, a merger subsidiary of Dell Technologies merged with and into EMC Corporation, with EMC Corporation surviving the merger as a wholly-owned subsidiary of Dell Technologies. The company has issued a tracking stock to track the performance of a portion of Dell Technologies' economic interest in the VMware business. It is an information technology company. The company offers virtualization and cloud infrastructure solutions, which enable organizations to manage IT resources across complex multi-cloud, multi-device environments.

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