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Alpha Technologies Group (Alpha Technologies Group) ROCE % : 5.25% (As of Jul. 2004)


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What is Alpha Technologies Group 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. Alpha Technologies Group's annualized ROCE % for the quarter that ended in Jul. 2004 was 5.25%.


Alpha Technologies Group ROCE % Historical Data

The historical data trend for Alpha Technologies Group'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.

Alpha Technologies Group ROCE % Chart

Alpha Technologies Group Annual Data
Trend Oct94 Oct95 Oct96 Oct97 Oct98 Oct99 Oct00 Oct01 Oct02 Oct03
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.24 28.44 10.81 -32.57 -35.74

Alpha Technologies Group Quarterly Data
Oct99 Jan00 Apr00 Jul00 Oct00 Jan01 Apr01 Jul01 Oct01 Jan02 Apr02 Jul02 Oct02 Jan03 Apr03 Jul03 Oct03 Jan04 Apr04 Jul04
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 -140.70 -4.76 -1.31 3.15 5.25

Alpha Technologies Group ROCE % Calculation

Alpha Technologies Group's annualized ROCE % for the fiscal year that ended in Oct. 2003 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Oct. 2003 )  (A: Oct. 2002 )(A: Oct. 2003 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Oct. 2003 )  (A: Oct. 2002 )(A: Oct. 2003 )
=-14.45/( ( (55.633 - 7.251) + (38.295 - 5.814) )/ 2 )
=-14.45/( (48.382+32.481)/ 2 )
=-14.45/40.4315
=-35.74 %

Alpha Technologies Group's ROCE % of for the quarter that ended in Jul. 2004 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jul. 2004 )  (Q: Apr. 2004 )(Q: Jul. 2004 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jul. 2004 )  (Q: Apr. 2004 )(Q: Jul. 2004 )
=0.92/( ( (38.01 - 13.094) + (36.574 - 26.412) )/ 2 )
=0.92/( ( 24.916 + 10.162 )/ 2 )
=0.92/17.539
=5.25 %

(1) Note: The EBIT data used here is four times the quarterly (Jul. 2004) 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.


Alpha Technologies Group  (OTCPK:AHAG) 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.


Alpha Technologies Group ROCE % Related Terms

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Alpha Technologies Group (Alpha Technologies Group) Business Description

Traded in Other Exchanges
N/A
Address
11990 San Vicente Blvd., Suite 350, Los Angeles, CA, USA, 90049
Alpha Technologies Group Inc designs and produces thermal-management products, which dissipate unwanted heat from electronic components.
Executives
Donald K Grierson director 8423 MIDNIGHT PASS ROAD, SARASOTA FL 34242

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