Strategic Asset Leasing (Strategic Asset Leasing) ROCE % : -83.12% (As of Dec. 2092)

View and export this data going back to 2006. Start your Free Trial

What is Strategic Asset Leasing 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. Strategic Asset Leasing's annualized ROCE % for the quarter that ended in Dec. 2092 was -83.12%.

Strategic Asset Leasing ROCE % Historical Data

The historical data trend for Strategic Asset Leasing'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.

Strategic Asset Leasing ROCE % Chart

Strategic Asset Leasing Annual Data

Trend

Dec89

Dec90

Dec91

Dec92

ROCE %

-22.22

-17.50

-6.94

-19.87

Strategic Asset Leasing Quarterly Data
	Mar89	Jun89	Sep89	Dec89	Mar90	Jun90	Sep90	Dec90	Mar91	Jun91	Sep91	Dec91	Mar92	Jun92	Sep92	Dec92
ROCE %	Get a 7-Day Free Trial											-48.65	5.41	-	-	-83.12

Strategic Asset Leasing ROCE % Calculation

Strategic Asset Leasing's annualized ROCE % for the fiscal year that ended in Dec. 2092 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2092 )		(A: Dec. 2091 )		(A: Dec. 2092 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2092 )		(A: Dec. 2091 )		(A: Dec. 2092 )
	=	-1.5	/	( ( (8.5 - 1.1)	+	(8.2 - 0.5) )	/ 2 )
	=	-1.5	/	( (7.4	+	7.7)	/ 2 )
	=	-1.5	/	7.55
	=	-19.87 %

Strategic Asset Leasing's ROCE % of for the quarter that ended in Dec. 2092 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2092 )		(Q: Sep. 2092 )		(Q: Dec. 2092 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2092 )		(Q: Sep. 2092 )		(Q: Dec. 2092 )
	=	-6.4	/	( ( (0 - 0)	+	(8.2 - 0.5) )	/ 1 )
	=	-6.4	/	( ( 0	+	7.7 )	/ 1 )
	=	-6.4	/	7.7
	=	-83.12 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2092) EBIT data.

Strategic Asset Leasing (OTCPK:LEAS) 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.

Strategic Asset Leasing ROCE % Related Terms

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

Strategic Asset Leasing (Strategic Asset Leasing) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Strategic Asset Leasing Inc (OTCPK:LEAS) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

13576 Walnut Street, Suite A, Omaha, NE, USA, 68144

Website

https://www.anewmeds.com

Strategic Asset Leasing Inc is a United States-based development stage company. It is principally focused on the business activities to engage in the leasing and rental of general and miscellaneous business equipment.