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Powersafe Technology (Powersafe Technology) ROCE % : -37.72% (As of Dec. 2008)


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What is Powersafe Technology 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. Powersafe Technology's annualized ROCE % for the quarter that ended in Dec. 2008 was -37.72%.


Powersafe Technology ROCE % Historical Data

The historical data trend for Powersafe Technology'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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Powersafe Technology ROCE % Chart

Powersafe Technology Annual Data
Trend Dec07 Dec08
ROCE %
-587.50 -40.10

Powersafe Technology Quarterly Data
Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08
ROCE % Get a 7-Day Free Trial -746.67 -800.00 -43.28 -13.14 -37.72

Powersafe Technology ROCE % Calculation

Powersafe Technology's annualized ROCE % for the fiscal year that ended in Dec. 2008 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2008 )  (A: Dec. 2007 )(A: Dec. 2008 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2008 )  (A: Dec. 2007 )(A: Dec. 2008 )
=-0.233/( ( (0.015 - 0.007) + (1.393 - 0.239) )/ 2 )
=-0.233/( (0.008+1.154)/ 2 )
=-0.233/0.581
=-40.10 %

Powersafe Technology's ROCE % of for the quarter that ended in Dec. 2008 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2008 )  (Q: Sep. 2008 )(Q: Dec. 2008 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2008 )  (Q: Sep. 2008 )(Q: Dec. 2008 )
=-0.456/( ( (1.343 - 0.079) + (1.393 - 0.239) )/ 2 )
=-0.456/( ( 1.264 + 1.154 )/ 2 )
=-0.456/1.209
=-37.72 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2008) 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.


Powersafe Technology  (OTCPK:PSFT) 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.


Powersafe Technology ROCE % Related Terms

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Powersafe Technology (Powersafe Technology) Business Description

Traded in Other Exchanges
N/A
Address
3412 Progress Drive, Bensalem, PA, USA, 19020
Powersafe Technology Corp develops a new semiconductor detection technology for extremely high sensitivity electronic and photonic detection. The company uses an application such as Laser Range Finding (LRF), Night vision, Imaging systems and NIR cameras, Security systems, PET Scanners, Medical imaging, Fluorescence Detection, High energy physics, Hyper-spectral spectroscopy, Spectroscopy, and Biological Sensors. It offers services to industries such as medical diagnostics, drug development, scientific instrumentation, and homeland security.

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