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Vtion Wireless Technology AG (XTER:V33) ROCE % : -0.19% (As of Sep. 2015)


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What is Vtion Wireless Technology AG 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. Vtion Wireless Technology AG's annualized ROCE % for the quarter that ended in Sep. 2015 was -0.19%.


Vtion Wireless Technology AG ROCE % Historical Data

The historical data trend for Vtion Wireless Technology AG'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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Vtion Wireless Technology AG ROCE % Chart

Vtion Wireless Technology AG Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
ROCE %
Get a 7-Day Free Trial 23.12 5.37 5.90 3.71 2.26

Vtion Wireless Technology AG Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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 2.55 1.44 1.61 -0.91 -0.19

Vtion Wireless Technology AG ROCE % Calculation

Vtion Wireless Technology AG's annualized ROCE % for the fiscal year that ended in Dec. 2014 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2014 )  (A: Dec. 2013 )(A: Dec. 2014 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2014 )  (A: Dec. 2013 )(A: Dec. 2014 )
=3.225/( ( (152.122 - 15.794) + (159.488 - 9.795) )/ 2 )
=3.225/( (136.328+149.693)/ 2 )
=3.225/143.0105
=2.26 %

Vtion Wireless Technology AG's ROCE % of for the quarter that ended in Sep. 2015 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Sep. 2015 )  (Q: Jun. 2015 )(Q: Sep. 2015 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2015 )  (Q: Jun. 2015 )(Q: Sep. 2015 )
=-0.312/( ( (171.707 - 8.421) + (163.806 - 4.63) )/ 2 )
=-0.312/( ( 163.286 + 159.176 )/ 2 )
=-0.312/161.231
=-0.19 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2015) 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.


Vtion Wireless Technology AG  (XTER:V33) 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.


Vtion Wireless Technology AG ROCE % Related Terms

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Vtion Wireless Technology AG (XTER:V33) Business Description

Traded in Other Exchanges
N/A
Address
11-12, 11F Westhafen Tower, Westhafen Plaza 1, Frankfurt, DEU, 60327
Vtion Wireless Technology AG is a German company engaged as a supplier of wireless computing solutions and products for mobile internet access through broadband wireless networks in China. The products of the company include wireless data cards.

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