Luminar Technologies (Luminar Technologies) ROCE % : -126.54% (As of Dec. 2023)

View and export this data going back to 2020. Start your Free Trial

What is Luminar Technologies 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. Luminar Technologies's annualized ROCE % for the quarter that ended in Dec. 2023 was -126.54%.

Luminar Technologies ROCE % Historical Data

The historical data trend for Luminar Technologies'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.

Luminar Technologies ROCE % Chart

Luminar Technologies Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

-249.33

-135.31

-35.45

-59.71

-107.59

Luminar Technologies Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial												-88.49	-99.42	-105.66	-107.93	-126.54

Luminar Technologies ROCE % Calculation

Luminar Technologies'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 )
	=	-558.525	/	( ( (687.327 - 77.541)	+	(512.367 - 83.872) )	/ 2 )
	=	-558.525	/	( (609.786	+	428.495)	/ 2 )
	=	-558.525	/	519.1405
	=	-107.59 %

Luminar Technologies'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 )
	=	-566.716	/	( ( (552.878 - 85.696)	+	(512.367 - 83.872) )	/ 2 )
	=	-566.716	/	( ( 467.182	+	428.495 )	/ 2 )
	=	-566.716	/	447.8385
	=	-126.54 %

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

Luminar Technologies (NAS:LAZR) 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.

Luminar Technologies ROCE % Related Terms

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

Luminar Technologies (Luminar Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Luminar Technologies Inc (NAS:LAZR) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

LAZR:Mexico 9FS:Germany

Address

2603 Discovery Drive, Suite 100, Orlando, FL, USA, 32826

Website

https://www.luminartech.com

Luminar Technologies Inc is an autonomous vehicle sensor and software company with the vision to make autonomy safe and ubiquitous by delivering lidar and associated software that meets the industry's stringent performance, safety, and economic requirements. It operates its business through the following segment: (1) Autonomy Solutions and (2) Components. The majority of revenue is earned from the Autonomy Solutions segment.

Executives

Thomas Fennimore	officer: Chief Financial Officer	C/O LUMINAR TECHNOLOGIES, INC., 2603 DISCOVERY DRIVE, SUITE 100, ORLANDO FL 32826
Alan Prescott	officer: Chief Legal Officer	C/O LUMINAR TECHNOLOGIES, INC., 2603 DISCOVERY DRIVE, SUITE 100, ORLANDO FL 32826
Austin Russell	director, 10 percent owner, officer: Chairperson, President & CEO	C/O LUMINAR TECHNOLOGIES, INC., 2603 DISCOVERY DRIVE, SUITE 100, ORLANDO FL 32826
Jun Hong Heng	director	C/O CRESCENT COVE ACQUISITION CORP., 530 BUSH STREET, SUITE 703, SAN FRANCISCO CA 94108
Mary Lou Jepsen	director	21557 TELEGRAPH ROAD, SOUTHFIELD MI 48033
Aeg Holdings, Llc	director, 10 percent owner, officer: Chief Executive Officer	6260 LOOKOUT RD., BOULDER CO 80301
Daniel David Tempesta	director	ONE WAYSIDE ROAD, BURLINGTON MA 01803
Katherine A Martin	director	C/O NUANCE COMMUNICATIONS, INC., ONE WAYSIDE ROAD, BURLINGTON MA 01803
Matthew Simoncini	director	21557 TELEGRAPH ROAD, SOUTHFIELD MI 48034
Shaun Maguire	director	C/O LUMINAR TECHNOLOGIES, INC., 2603 DISCOVERY DRIVE, SUITE 100, ORLANDO FL 32826
M. Scott Faris	officer: Chief Business Officer	C/O LUMINAR TECHNOLOGIES, INC., 2603 DISCOVERY DRIVE, SUITE 100, ORLANDO FL 32826
Benjamin John Kortlang	director	2750 SAND HILL ROAD, MENLO PARK CA 94025
Jason Eichenholz	officer: Chief Technology Officer	C/O LUMINAR TECHNOLOGIES, INC., 2603 DISCOVERY DRIVE, SUITE 100, ORLANDO FL 32826
Scott A Mcgregor	director	5300 CALIFORNIA AVENUE, IRVINE CA 92617
Andrew Mcbride	officer: CFO & Secretary	9800 WILSHIRE BLVD., BEVERLY HILLS CA 90212