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


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What is Sense Technologies ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Sense Technologies's annualized net income for the quarter that ended in Nov. 2016 was $-1.36 Mil. Sense Technologies's average Total Stockholders Equity over the quarter that ended in Nov. 2016 was $-2.02 Mil. Therefore, Sense Technologies's annualized ROE % for the quarter that ended in Nov. 2016 was N/A%.

The historical rank and industry rank for Sense Technologies's ROE % or its related term are showing as below:

SNSGF's ROE % is not ranked *
in the Vehicles & Parts industry.
Industry Median: 7.49
* Ranked among companies with meaningful ROE % only.

Sense Technologies ROE % Historical Data

The historical data trend for Sense Technologies's ROE % 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 ROE % Chart

Sense Technologies Annual Data
Trend Feb07 Feb08 Feb09 Feb10 Feb11 Feb12 Feb13 Feb14 Feb15 Feb16
ROE %
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Sense Technologies Quarterly Data
Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16
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Competitive Comparison of Sense Technologies's ROE %

For the Auto Parts subindustry, Sense Technologies's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Sense Technologies's ROE % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Sense Technologies's ROE % distribution charts can be found below:

* The bar in red indicates where Sense Technologies's ROE % falls into.



Sense Technologies ROE % Calculation

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

ROE %=Net Income (A: Feb. 2016 )/( (Total Stockholders Equity (A: Feb. 2015 )+Total Stockholders Equity (A: Feb. 2016 ))/ count )
=-0.572/( (-4.867+-5.175)/ 2 )
=-0.572/-5.021
=N/A %

Sense Technologies's annualized ROE % for the quarter that ended in Nov. 2016 is calculated as

ROE %=Net Income (Q: Nov. 2016 )/( (Total Stockholders Equity (Q: Aug. 2016 )+Total Stockholders Equity (Q: Nov. 2016 ))/ count )
=-1.364/( (-5.522+1.486)/ 2 )
=-1.364/-2.018
=N/A %

* 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.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Nov. 2016) net income data. ROE % is displayed in the 30-year financial page.

* Note that if the average Total Stockholders Equity is zero or negative, then ROE % would be considered meaningless and hence not be calculated.


Sense Technologies  (OTCPK:SNSGF) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Nov. 2016 )
=Net Income/Total Stockholders Equity
=-1.364/-2.018
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-1.364 / 1.304)*(1.304 / 5.139)*(5.139 / -2.018)
=Net Margin %*Asset Turnover*Equity Multiplier
=-104.6 %*0.2537*N/A
=ROA %*Equity Multiplier
=-26.54 %*N/A
=N/A %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Nov. 2016 )
=Net Income/Total Stockholders Equity
=-1.364/-2.018
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-1.364 / -1.364) * (-1.364 / -0.208) * (-0.208 / 1.304) * (1.304 / 5.139) * (5.139 / -2.018)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * 6.5577 * -15.95 % * 0.2537 * N/A
=N/A %

Note: The net income data used here is four times the quarterly (Nov. 2016) net income data. The Revenue data used here is four times the quarterly (Nov. 2016) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Sense Technologies ROE % Related Terms

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Sense Technologies (Sense Technologies) Business Description

Traded in Other Exchanges
N/A
Address
2535 North Carleton Avenue, Grand Island, NE, USA, 68803
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

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