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Mobile Lads (Mobile Lads) ROIC % : -166.91% (As of Jul. 2016)


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What is Mobile Lads ROIC %?

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. Mobile Lads's annualized return on invested capital (ROIC %) for the quarter that ended in Jul. 2016 was -166.91%.

As of today (2024-06-25), Mobile Lads's WACC % is 0.00%. Mobile Lads's ROIC % is 0.00% (calculated using TTM income statement data). Mobile Lads earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Mobile Lads ROIC % Historical Data

The historical data trend for Mobile Lads's ROIC % 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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Mobile Lads ROIC % Chart

Mobile Lads Annual Data
Trend Apr13 Apr14 Apr15
ROIC %
- - -197.95

Mobile Lads Quarterly Data
Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16
ROIC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -122.86 -2,622.75 -3,964.04 -223.98 -166.91

Competitive Comparison of Mobile Lads's ROIC %

For the Consumer Electronics subindustry, Mobile Lads's ROIC %, along with its competitors' market caps and ROIC % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Mobile Lads's ROIC % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Mobile Lads's ROIC % distribution charts can be found below:

* The bar in red indicates where Mobile Lads's ROIC % falls into.



Mobile Lads ROIC % Calculation

Mobile Lads's annualized Return on Invested Capital (ROIC %) for the fiscal year that ended in Apr. 2015 is calculated as:

ROIC % (A: Apr. 2015 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Apr. 2014 ) + Invested Capital (A: Apr. 2015 ))/ count )
=-0.289 * ( 1 - 0% )/( (0 + 0.146)/ 1 )
=-0.289/0.146
=-197.95 %

where

Mobile Lads's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Jul. 2016 is calculated as:

ROIC % (Q: Jul. 2016 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Apr. 2016 ) + Invested Capital (Q: Jul. 2016 ))/ count )
=-2.552 * ( 1 - 0% )/( (1.544 + 1.514)/ 2 )
=-2.552/1.529
=-166.91 %

where

Note: The Operating Income data used here is four times the quarterly (Jul. 2016) 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.


Mobile Lads  (OTCPK:MOBO) ROIC % Explanation

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROIC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, Mobile Lads's WACC % is 0.00%. Mobile Lads's ROIC % is 0.00% (calculated using TTM income statement data).


Be Aware

Like ROE % and ROA %, ROIC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.


Mobile Lads ROIC % Related Terms

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Mobile Lads (Mobile Lads) Business Description

Traded in Other Exchanges
N/A
Address
2616 Willow Wren Drive, North Las Vegas, NV, USA, 89084
Mobile Lads Corp provides consumers with a suite of products and services covering hardware and software solutions. Through its manufacturing and business partners, Mobile Lads is able to supply superior-quality smartphones and other mobile devices and services to businesses and their consumer base. Because of the relationships with its partners, the company creates residual income streams through the sale of benefits and services, including insurance and MasterCard issuance, and international money remittance.