Safetek International (Safetek International) ROCE % : 0.00% (As of Sep. 2006)

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

What is Safetek International 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. Safetek International's annualized ROCE % for the quarter that ended in Sep. 2006 was 0.00%.

Safetek International ROCE % Historical Data

The historical data trend for Safetek International'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.

Safetek International ROCE % Chart

Safetek International Annual Data

Trend

Dec03

Dec04

Dec05

ROCE %

Safetek International Quarterly Data
	Mar04	Jun04	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06
ROCE %	Get a 7-Day Free Trial						-949.33	-	-	-	-

Safetek International ROCE % Calculation

Safetek International's annualized ROCE % for the fiscal year that ended in Dec. 2005 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2005 )		(A: Dec. 2004 )		(A: Dec. 2005 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2005 )		(A: Dec. 2004 )		(A: Dec. 2005 )
	=	-0.565	/	( ( (0 - 0.327)	+	(0.595 - 2.305) )	/ 2 )
	=	-0.565	/	( (-0.327	+	-1.71)	/ 2 )
	=	-0.565	/	-1.0185
	=	55.47 %

Safetek International's ROCE % of for the quarter that ended in Sep. 2006 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2006 )		(Q: Jun. 2006 )		(Q: Sep. 2006 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2006 )		(Q: Jun. 2006 )		(Q: Sep. 2006 )
	=	-0.624	/	( ( (0.416 - 2.047)	+	(0.297 - 1.689) )	/ 2 )
	=	-0.624	/	( ( -1.631	+	-1.392 )	/ 2 )
	=	-0.624	/	-1.5115
	=	0 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2006) EBIT data.

Safetek International (OTCPK:SFIN) 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.

Safetek International ROCE % Related Terms

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

Safetek International (Safetek International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Safetek International Inc (OTCPK:SFIN) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

20 Chapel Street, Brentwood B, Liverpool, GBR, L39AG

Website

http://www.safetekinternational.com

Safetek International Inc currently has no operations. Previously, it was engaged in manufacturing prototypes and distributing the final product on behalf of technology developers.

Safetek International (Safetek International) Headlines

No Headlines