Fullnet Communications (Fullnet Communications) ROCE % : 10.15% (As of Dec. 2023)

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What is Fullnet Communications 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. Fullnet Communications's annualized ROCE % for the quarter that ended in Dec. 2023 was 10.15%.

Fullnet Communications ROCE % Historical Data

The historical data trend for Fullnet Communications'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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Fullnet Communications ROCE % Chart

Fullnet Communications Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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133.70

92.43

52.18

32.31

Fullnet Communications Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															28.38	43.48	44.74	27.84	10.15

Fullnet Communications ROCE % Calculation

Fullnet Communications'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 )
	=	0.512	/	( ( (3.176 - 1.629)	+	(3.403 - 1.781) )	/ 2 )
	=	0.512	/	( (1.547	+	1.622)	/ 2 )
	=	0.512	/	1.5845
	=	32.31 %

Fullnet Communications's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	0.168	/	( ( (3.378 - 1.689)	+	(3.403 - 1.781) )	/ 2 )
	=	0.168	/	( ( 1.689	+	1.622 )	/ 2 )
	=	0.168	/	1.6555
	=	10.15 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Fullnet Communications (OTCPK:FULO) 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.

Fullnet Communications ROCE % Related Terms

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Fullnet Communications (Fullnet Communications) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Fullnet Communications Inc (OTCPK:FULO) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

201 Robert S. Kerr Avenue, Suite 210, Oklahoma City, OK, USA, 73102

Website

https://www.fullnet.net

Fullnet Communications Inc is an integrated communications provider. The company through its subsidiaries, provides high quality, reliable and scalable Internet access, web hosting, local telephone service, equipment colocation, customized live help desk outsourcing services, mass notification services using text messages and automated telephone calls, as well as advanced voice and data solutions. The company derives the majority of its revenue and its customers from three primary types of service Mass notification services using text messages and automated telephone calls; Equipment colocation and related services; and Customized live help desk outsourcing service.

Executives

Timothy J Kilkenny	director, 10 percent owner, officer: Chief Executive Officer	201 ROBERT S KERR AVE STE 210, OKLAHOMA CITY OK 73102
Roger P Baresel	director, officer: President & CFO	201 ROBERT S KERR AVE STE 210, OKLAHOMA CITY OK 73102
Michael D Tomas	officer: Vice President	201 ROBERT S KERR AVENUE STE. 210, OKLAHJOMA CITY OK 73102
Theodore S Williams	officer: Vice President	201 ROBERT S KERR AVENUE STE. 210, OKLAHJOMA CITY OK 73102
Jason C Ayers	officer: Vice President	201 ROBERT S KERR AVE STE 210, OKLAHOMA CITY OK 73102
Patricia R Shurley	officer: Vice President	201 ROBERT S KERR AVE STE 210, OKLAHOMA CITY OK 73102

Fullnet Communications (Fullnet Communications) Headlines

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