Mobile Infrastructure (Mobile Infrastructure) ROCE % : -0.01% (As of Mar. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Mobile Infrastructure 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. Mobile Infrastructure's annualized ROCE % for the quarter that ended in Mar. 2024 was -0.01%.

Mobile Infrastructure ROCE % Historical Data

The historical data trend for Mobile Infrastructure'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.

Mobile Infrastructure ROCE % Chart

Mobile Infrastructure Annual Data

Trend

Dec21

Dec22

Dec23

ROCE %

-0.68

-1.45

-7.23

Mobile Infrastructure Quarterly Data
	Dec21	Mar22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial			-2.31	0.31	-24.81	-4.13	-0.01

Mobile Infrastructure ROCE % Calculation

Mobile Infrastructure's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	-24.328	/	( ( (436.113 - 102.157)	+	(423.237 - 84.123) )	/ 2 )
	=	-24.328	/	( (333.956	+	339.114)	/ 2 )
	=	-24.328	/	336.535
	=	-7.23 %

Mobile Infrastructure's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	-0.04	/	( ( (423.237 - 84.123)	+	(420.067 - 82.158) )	/ 2 )
	=	-0.04	/	( ( 339.114	+	337.909 )	/ 2 )
	=	-0.04	/	338.5115
	=	-0.01 %

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

Mobile Infrastructure (AMEX:BEEP) 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.

Mobile Infrastructure ROCE % Related Terms

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

Mobile Infrastructure (Mobile Infrastructure) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Mobile Infrastructure Corp (AMEX:BEEP) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

30 W. 4th Street, Cincinnati, OH, USA, 45202

Website

https://www.mobileit.com

Mobile Infrastructure Corp focuses on acquiring, owning, and leasing parking facilities and related infrastructure, including parking lots, parking garages and other parking structures throughout the United States. The company targets both parking garage and surface lot properties primarily in the top 50 U.S. Metropolitan Statistical Areas, with proximity to key demand drivers, such as airports, transportation hubs, educational facilities, government buildings and courthouses, sports and entertainment venues, hospital and health centers, hotels, office complexes and residences.

Executives

Jeffrey Osher	director	505 MONTGOMERY STREET, SUITE 1250, SAN FRANCISCO CA 94111
Stephanie Hogue	director, 10 percent owner, officer: President & CFO	250 E. 5TH STREET, STE 2110, CINCINNATI OH 45202
Amanda Parness	other: Former Director	C/O FIFTH WALL ACQUISITION CORP. II, 6060 CENTER DRIVE, 10TH FLOOR, LOS ANGELES CA 90045
Brad Greiwe	director	1 LITTLE WEST 12TH STREET, 4TH FLOOR, NEW YORK NY 10014
Damon D Jones	director	250 E 5TH STREET, STE 2110, CINCINNATI OH 45202
Manuel Iii Chavez	director, officer: CEO	250 E 5TH STREET, STE 2110, CINCINNATI OH 45202
Color Up, Llc	other: See Remarks	250 E 5TH STREET, STE 2110, CINCINNATI OH 45202
Hscp Strategic Iii L.p.	other: See Remarks	505 MONTGOMERY STREET, SUITE 1250, SAN FRANCISCO CA 94111
Poonam Sharma Mathis	other: Former Director	C/O FIFTH WALL ACQUISITION CORP. II, 6060 CENTER DRIVE, 10TH FLOOR, LOS ANGELES CA 90045
Adeyemi Ajao	other: Former Director	C/O FIFTH WALL ACQUISITION CORP. II, 6060 CENTER DRIVE, 10TH FLOOR, LOS ANGELES CA 90045
Lorrence T Kellar	director	C/O LOEHMANNS INC, 2500 HALSEY STREET, BRONX NY 10461
Fifth Wall Acquisition Sponsor Iii, Llc	10 percent owner	6060 CENTER DRIVE, FLOOR 10, LOS ANGELES CA 90045
Andriy Mykhaylovskyy	10 percent owner	6060 CENTER DRIVE 10TH FLOOR, LOS ANGELES CA 90045
Brendan Wallace	10 percent owner	6060 CENTER DRIVE 10TH FLOOR, LOS ANGELES CA 90045
Alana Beard	other: Former Director	6060 CENTER DRIVE 10TH FLOOR, LOS ANGELES CA 90045

Mobile Infrastructure (Mobile Infrastructure) Headlines

From GuruFocus

Mobile Infrastructure Corp (BEEP) Reports Q4 and Full Year 2023 Financial Results

By GuruFocus Research • 03-16-2024