GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Mobix Labs Inc (NAS:MOBX) » Definitions » ROCE %

Mobix Labs (Mobix Labs) ROCE % : -38.65% (As of Mar. 2024)


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

What is Mobix Labs 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. Mobix Labs's annualized ROCE % for the quarter that ended in Mar. 2024 was -38.65%.

Mobix Labs ROCE % Historical Data

The historical data trend for Mobix Labs'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.

Mobix Labs ROCE % Chart

Mobix Labs Annual Data
Trend Sep21 Sep22 Sep23
ROCE %
-858.55 - -

Mobix Labs Quarterly Data
Sep21 Dec21 Mar22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
ROCE % Get a 7-Day Free Trial Premium Member Only - - - 22.34 -38.65

Mobix Labs ROCE % Calculation

Mobix Labs's annualized ROCE % for the fiscal year that ended in Sep. 2023 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Sep. 2023 )  (A: Sep. 2022 )(A: Sep. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Sep. 2023 )  (A: Sep. 2022 )(A: Sep. 2023 )
=-36.199/( ( (15.484 - 21.958) + (18.748 - 20.423) )/ 2 )
=-36.199/( (-6.474+-1.675)/ 2 )
=-36.199/-4.0745
=888.43 %

Mobix Labs'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 )
=-6.084/( ( (41.456 - 21.444) + (29.497 - 18.027) )/ 2 )
=-6.084/( ( 20.012 + 11.47 )/ 2 )
=-6.084/15.741
=-38.65 %

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

Mobix Labs  (NAS:MOBX) 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.

Mobix Labs ROCE % Related Terms

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

Mobix Labs (Mobix Labs) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Mobix Labs Inc (NAS:MOBX) » Definitions » ROCE %
Comparable Companies
Traded in Other Exchanges
N/A
Address
15420 Laguna Canyon Road, Irvine, CA, USA, 92618
Website
https://www.mobixlabs.com
Mobix Labs Inc is a fabless semiconductor company developing disruptive next generation wireless and connected solutions that are designed to cater to a broad range of applications in markets including 5G infrastructure, satellite communications, automotive, consumer electronics, e-mobility, healthcare, infrastructure and defense.