Sense Technologies (Sense Technologies) ROCE % : 0.00% (As of Nov. 2016)

View and export this data going back to 2003. Start your Free Trial

What is Sense 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. Sense Technologies's annualized ROCE % for the quarter that ended in Nov. 2016 was 0.00%.

Sense Technologies ROCE % Historical Data

The historical data trend for Sense 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.

Sense Technologies ROCE % Chart

Sense Technologies Annual Data

Trend

Feb07

Feb08

Feb09

Feb10

Feb11

Feb12

Feb13

Feb14

Feb15

Feb16

ROCE %

Get a 7-Day Free Trial

Sense Technologies Quarterly Data
	Feb12	May12	Aug12	Nov12	Feb13	May13	Aug13	Nov13	Feb14	May14	Aug14	Nov14	Feb15	May15	Aug15	Nov15	Feb16	May16	Aug16	Nov16
ROCE %	Get a 7-Day Free Trial															-	-	-	-	-

Sense Technologies ROCE % Calculation

Sense Technologies's annualized ROCE % for the fiscal year that ended in Feb. 2016 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Feb. 2016 )		(A: Feb. 2015 )		(A: Feb. 2016 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Feb. 2016 )		(A: Feb. 2015 )		(A: Feb. 2016 )
	=	-0.386	/	( ( (0.028 - 4.51)	+	(0.052 - 5.164) )	/ 2 )
	=	-0.386	/	( (-4.482	+	-5.112)	/ 2 )
	=	-0.386	/	-4.797
	=	8.05 %

Sense Technologies's ROCE % of for the quarter that ended in Nov. 2016 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Nov. 2016 )		(Q: Aug. 2016 )		(Q: Nov. 2016 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Nov. 2016 )		(Q: Aug. 2016 )		(Q: Nov. 2016 )
	=	-0.832	/	( ( (0.198 - 5.67)	+	(10.08 - 7.516) )	/ 2 )
	=	-0.832	/	( ( -5.472	+	2.564 )	/ 2 )
	=	-0.832	/	-1.454
	=	0 %

(1) Note: The EBIT data used here is four times the quarterly (Nov. 2016) EBIT data.

Sense Technologies (OTCPK:SNSGF) 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.

Sense Technologies ROCE % Related Terms

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

Sense Technologies (Sense Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Sense Technologies Inc (OTCPK:SNSGF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

2535 North Carleton Avenue, Grand Island, NE, USA, 68803

Website

http://www.sensetech.com

Sense Technologies Inc. is a developer and marketer of driver aids for the automotive industry. The Company holds a non-exclusive license to manufacture, distribute, market and sell the ScopeOut product, a system of specially designed mirrors which are placed at specific points on automobiles, trucks, sport utility vehicles or commercial vehicles to offer drivers a more complete view behind the vehicle.

Sense Technologies (Sense Technologies) Headlines

No Headlines