eFleets (eFleets) ROCE % : 0.00% (As of Jun. 2014)

View and export this data going back to 2010. Start your Free Trial

What is eFleets 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. eFleets's annualized ROCE % for the quarter that ended in Jun. 2014 was 0.00%.

eFleets ROCE % Historical Data

The historical data trend for eFleets'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.

eFleets ROCE % Chart

eFleets Annual Data

Trend

May09

May10

May11

May12

Dec13

ROCE %

eFleets Quarterly Data
	Aug09	Nov09	Feb10	May10	Aug10	Nov10	Feb11	May11	Aug11	Nov11	Feb12	May12	Aug12	Nov12	Feb13	Jun13	Sep13	Dec13	Mar14	Jun14
ROCE %	Get a 7-Day Free Trial															-	-	-	-	-

eFleets ROCE % Calculation

eFleets's annualized ROCE % for the fiscal year that ended in Dec. 2013 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2013 )		(A: May. 2012 )		(A: Dec. 2013 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2013 )		(A: May. 2012 )		(A: Dec. 2013 )
	=	-3.479	/	( ( (0 - 0.061)	+	(0.277 - 2.985) )	/ 2 )
	=	-3.479	/	( (-0.061	+	-2.708)	/ 2 )
	=	-3.479	/	-1.3845
	=	251.28 %

eFleets's ROCE % of for the quarter that ended in Jun. 2014 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2014 )		(Q: Mar. 2014 )		(Q: Jun. 2014 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2014 )		(Q: Mar. 2014 )		(Q: Jun. 2014 )
	=	-5.404	/	( ( (0.297 - 3.039)	+	(0.667 - 5.472) )	/ 2 )
	=	-5.404	/	( ( -2.742	+	-4.805 )	/ 2 )
	=	-5.404	/	-3.7735
	=	0 %

(1) Note: The EBIT data used here is four times the quarterly (Jun. 2014) EBIT data.

eFleets (GREY:EFLT) 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.

eFleets ROCE % Related Terms

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

eFleets (eFleets) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » eFleets Corp (GREY:EFLT) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

7660 Pebble Drive, Fort Worth, TX, USA, 76118

Website

eFleets Corp is focused on the design, development and manufacturing of an all-electric fleet vehicle for the essential services market. The company's all-electric vehicles are designed for use in traffic control/parking enforcement, security, small package delivery, military, maintenance, airport services, warehouses, and other comparable utility application. Its electric vehicles offer a zero-emission, high performance, low-maintenance and affordable alternative to specifically meet the needs of fleet vehicles in the essential services market. The company is focused on developing technology for its battery management and integrated drive system, which maximizes energy efficiency to satisfy the needs of its customers.

eFleets (eFleets) Headlines

No Headlines