GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » RF Industries Ltd (NAS:RFIL) » Definitions » ROCE %

RF Industries (RF Industries) ROCE % : -12.12% (As of Jan. 2024)


View and export this data going back to 1997. Start your Free Trial

What is RF Industries 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. RF Industries's annualized ROCE % for the quarter that ended in Jan. 2024 was -12.12%.


RF Industries ROCE % Historical Data

The historical data trend for RF Industries'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.

RF Industries ROCE % Chart

RF Industries Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.01 -1.23 11.86 3.97 -5.43

RF Industries Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 -6.76 2.86 -11.98 -6.52 -12.12

RF Industries ROCE % Calculation

RF Industries's annualized ROCE % for the fiscal year that ended in Oct. 2023 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Oct. 2023 )  (A: Oct. 2022 )(A: Oct. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Oct. 2023 )  (A: Oct. 2022 )(A: Oct. 2023 )
=-3.797/( ( (89.566 - 19.536) + (82.278 - 12.511) )/ 2 )
=-3.797/( (70.03+69.767)/ 2 )
=-3.797/69.8985
=-5.43 %

RF Industries's ROCE % of for the quarter that ended in Jan. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jan. 2024 )  (Q: Oct. 2023 )(Q: Jan. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jan. 2024 )  (Q: Oct. 2023 )(Q: Jan. 2024 )
=-8.34/( ( (82.278 - 12.511) + (79.129 - 11.323) )/ 2 )
=-8.34/( ( 69.767 + 67.806 )/ 2 )
=-8.34/68.7865
=-12.12 %

(1) Note: The EBIT data used here is four times the quarterly (Jan. 2024) 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.


RF Industries  (NAS:RFIL) 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.


RF Industries ROCE % Related Terms

Thank you for viewing the detailed overview of RF Industries's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.


RF Industries (RF Industries) Business Description

Traded in Other Exchanges
Address
7610 Miramar Road, Building 6000, San Diego, CA, USA, 92126-4202
RF Industries Ltd is engaged in the design, manufacture, and marketing of interconnect products and systems, including coaxial and specialty cables, fiber optic cables and connectors, and electrical and electronic specialty cables. The company operates through two segments: RF Connector and Cable Assembly, which consists of the Connector and Cable Assembly Division, and Custom Cabling Manufacturing and Assembly, which consists of its subsidiaries. The company has operations in the United States, Canada, Israel, and Mexico.
Executives
Robert D Dawson officer: President and CEO 7610 MIRAMAR RD., BLDG. 6000, SAN DIEGO CA 92126
Mark Holdsworth director 140 S. LAKE AVE., STE. 304, PASADENA CA 91101
Kay Lee Tidwell director C/O HUDSON PACIFIC PROPERTIES, INC., 11601 WILSHIRE BLVD. SUITE 1600, LOS ANGELES CA 90025
Jason Cohenour director 47669 FREMONT BLVD, FREMONT CA 94538
Ray Michael Bibisi officer: Chief Operating Officer 7610 MIRAMAR RD, BLDG 6000, SAN DIEGO CA 92126
Sheryl Lynn Cefali director 7610 MIRAMAR RD, BLDG 6000, SAN DIEGO CA 92126
Edward Joseph Benoit director 7610 MIRAMAR ROAD, BUILDING 6000, SAN DIEGO CA 92126
Marvin Fink director 7610 MIRAMAR RD., SAN DIEGO CA 92126
Howard F Hill officer: President, CEO 7610 MIRAMAR RD, SUITE 6000, SAN DIEGO CA 92126-4202
Peter Yin officer: Chief Financial Officer 7610 MIRAMAR ROAD, SUITE 6000, SAN DIEGO CA 92126
Gerald T Garland director
Mark Turfler officer: Acting Chief Financial Officer 7610 MIRAMAR ROAD, BUILDING 6000, SAN DIEGO CA 92126
William Reynolds director 7610 MIRAMAR ROAD, BLDG. 6000, SAN DIEGO CA 92126
Johnny Carl Walker officer: President 2217 RAVINIA DRIVE, ARLINGTON TX 76012
James Doss officer: Chief Financial Officer 1 CORPORATE DRIVE, SUITE C, CRANBURY NJ 08512