GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Sensor Technologies Inc (FRA:3UMA) » Definitions » ROCE %

Sensor Technologies (FRA:3UMA) ROCE % : -38.59% (As of Sep. 2023)


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

What is Sensor 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. Sensor Technologies's annualized ROCE % for the quarter that ended in Sep. 2023 was -38.59%.


Sensor Technologies ROCE % Historical Data

The historical data trend for Sensor 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.

Sensor Technologies ROCE % Chart

Sensor Technologies Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Sensor Technologies Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 238.21 -8.16 -22.43 -365.03 -38.59

Sensor Technologies ROCE % Calculation

Sensor Technologies's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=0.111/( ( (0.326 - 0.563) + (0.681 - 0.454) )/ 2 )
=0.111/( (-0.237+0.227)/ 2 )
=0.111/-0.0049999999999999
=-2,220.00 %

Sensor Technologies'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: Jun. 2023 )(Q: Sep. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2023 )  (Q: Jun. 2023 )(Q: Sep. 2023 )
=-0.06/( ( (0.637 - 0.472) + (0.627 - 0.481) )/ 2 )
=-0.06/( ( 0.165 + 0.146 )/ 2 )
=-0.06/0.1555
=-38.59 %

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


Sensor Technologies  (FRA:3UMA) 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.


Sensor Technologies ROCE % Related Terms

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


Sensor Technologies (FRA:3UMA) Business Description

Traded in Other Exchanges
Address
196 Wildcat Road, North York, ON, CAN, M3J 2N5
Blue Horizon Global Capital Corp is an investment company whose primary objective is to identify promising companies with excellent projects, innovative technologies or both, using management's extensive experience in deal sourcing and capital combination to maximize returns for its shareholders. Blue Horizon will invest its funds with the aim of generating returns from capital appreciation and investment income.

Sensor Technologies (FRA:3UMA) Headlines

No Headlines