Location Based Technologies (Location Based Technologies) ROCE % : 0.00% (As of May. 2015)

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What is Location Based 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. Location Based Technologies's annualized ROCE % for the quarter that ended in May. 2015 was 0.00%.

Location Based Technologies ROCE % Historical Data

The historical data trend for Location Based 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.

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Location Based Technologies ROCE % Chart

Location Based Technologies Annual Data

Trend

Aug06

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Aug09

Aug10

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Aug14

ROCE %

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-1,535.84

-273.25

Location Based Technologies Quarterly Data
	Aug10	Nov10	Feb11	May11	Aug11	Nov11	Feb12	May12	Aug12	Nov12	Feb13	May13	Aug13	Nov13	Feb14	May14	Aug14	Nov14	Feb15	May15
ROCE %	Get a 7-Day Free Trial															-	-	-	-	-

Location Based Technologies ROCE % Calculation

Location Based Technologies's annualized ROCE % for the fiscal year that ended in Aug. 2014 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Aug. 2014 )		(A: Aug. 2013 )		(A: Aug. 2014 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Aug. 2014 )		(A: Aug. 2013 )		(A: Aug. 2014 )
	=	-3.956	/	( ( (3.371 - 8.41)	+	(2.326 - 8.312) )	/ 2 )
	=	-3.956	/	( (-5.039	+	-5.986)	/ 2 )
	=	-3.956	/	-5.5125
	=	71.76 %

Location Based Technologies's ROCE % of for the quarter that ended in May. 2015 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: May. 2015 )		(Q: Feb. 2015 )		(Q: May. 2015 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: May. 2015 )		(Q: Feb. 2015 )		(Q: May. 2015 )
	=	-1.932	/	( ( (2.249 - 13.085)	+	(2.107 - 13.048) )	/ 2 )
	=	-1.932	/	( ( -10.836	+	-10.941 )	/ 2 )
	=	-1.932	/	-10.8885
	=	0 %

(1) Note: The EBIT data used here is four times the quarterly (May. 2015) EBIT data.

Location Based Technologies (OTCPK:LBAS) 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.

Location Based Technologies ROCE % Related Terms

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Location Based Technologies (Location Based Technologies) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Location Based Technologies Inc (OTCPK:LBAS) » Definitions » ROCE %

Comparable Companies

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N/A

Address

7545 Irvine Center Drive, Suite 200, Irvine, CA, USA, 92618

Website

https://www.locationbasedtech.com

Location Based Technologies Inc is engaged in supplying fleet trackers, a small, affordable, fully sealed vehicle tracking system (combined GPS, wireless, and WiFi technology) designed to track and display vehicles and other mobile assets on the go. It is designed to be quickly installed and features easy-to-use user interfaces, including browser and apps. Its product offering includes PocketFinder. The company generates revenue from Device Sales and Services.

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