Brite-Strike Tactical Illumination Products (Brite-Strike Tactical Illumination Products) ROCE % : -2.84% (As of Sep. 2023)

View and export this data going back to 1996. Start your Free Trial

What is Brite-Strike Tactical Illumination Products 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. Brite-Strike Tactical Illumination Products's annualized ROCE % for the quarter that ended in Sep. 2023 was -2.84%.

Brite-Strike Tactical Illumination Products ROCE % Historical Data

The historical data trend for Brite-Strike Tactical Illumination Products'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.

Brite-Strike Tactical Illumination Products ROCE % Chart

Brite-Strike Tactical Illumination Products Annual Data

Trend

Dec96

Dec12

Dec13

Dec14

Dec15

ROCE %

-30.00

-2.12

79.36

7.63

36.31

Brite-Strike Tactical Illumination Products Quarterly Data
	Mar96	Jun96	Sep96	Dec96	Mar97	Jun97	Sep97	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Dec14	Mar15	Jun15	Sep15	Dec15	Sep23
ROCE %	Get a 7-Day Free Trial															141.18	-53.15	-44.05	88.75	-2.84

Brite-Strike Tactical Illumination Products ROCE % Calculation

Brite-Strike Tactical Illumination Products's annualized ROCE % for the fiscal year that ended in Dec. 2015 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2015 )		(A: Dec. 2014 )		(A: Dec. 2015 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2015 )		(A: Dec. 2014 )		(A: Dec. 2015 )
	=	0.134	/	( ( (0.461 - 0.062)	+	(0.373 - 0.034) )	/ 2 )
	=	0.134	/	( (0.399	+	0.339)	/ 2 )
	=	0.134	/	0.369
	=	36.31 %

Brite-Strike Tactical Illumination Products's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Dec. 2015 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Dec. 2015 )		(Q: Sep. 2023 )
	=	-0.004	/	( ( (0.373 - 0.034)	+	(0.12 - 0.177) )	/ 2 )
	=	-0.004	/	( ( 0.339	+	-0.057 )	/ 2 )
	=	-0.004	/	0.141
	=	-2.84 %

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

Brite-Strike Tactical Illumination Products (OTCPK:BSTK) 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.

Brite-Strike Tactical Illumination Products ROCE % Related Terms

Thank you for viewing the detailed overview of Brite-Strike Tactical Illumination Products's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Brite-Strike Tactical Illumination Products (Brite-Strike Tactical Illumination Products) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Brite-Strike Tactical Illumination Products Inc (OTCPK:BSTK) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1145 Franklin Street, Duxbury, MA, USA, 02332

Website

https://www.brite-strike.com

Brite-Strike Tactical Illumination Products Inc is a United States-based company engaged in designing and manufacturing tactical flashlights with Digital Power Management chip technology. The company's products are used as a non-lethal means of defense for law enforcement, the military, and safety-minded citizens. Its products are used in the police and military industry, outdoor adventures, water sports, fishing, flashlights, hunting, and citizen safety, and also provides related accessories.

Brite-Strike Tactical Illumination Products (Brite-Strike Tactical Illumination Products) Headlines

From GuruFocus

Brite-Strike develops Covid-19 medical device

By PRNewswire PRNewswire • 06-23-2020