Laser Photonics (Laser Photonics) ROCE % : -33.96% (As of Dec. 2023)

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What is Laser Photonics 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. Laser Photonics's annualized ROCE % for the quarter that ended in Dec. 2023 was -33.96%.

Laser Photonics ROCE % Historical Data

The historical data trend for Laser Photonics'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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Laser Photonics ROCE % Chart

Laser Photonics Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

-3.27

0.32

9.81

-17.19

-24.09

Laser Photonics Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial														-98.58	-33.62	0.68	-26.06	-33.96

Laser Photonics ROCE % Calculation

Laser Photonics's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	-3.766	/	( ( (18.583 - 0.964)	+	(15.164 - 1.52) )	/ 2 )
	=	-3.766	/	( (17.619	+	13.644)	/ 2 )
	=	-3.766	/	15.6315
	=	-24.09 %

Laser Photonics's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	-5.068	/	( ( (16.788 - 0.586)	+	(15.164 - 1.52) )	/ 2 )
	=	-5.068	/	( ( 16.202	+	13.644 )	/ 2 )
	=	-5.068	/	14.923
	=	-33.96 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Laser Photonics (NAS:LASE) 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.

Laser Photonics ROCE % Related Terms

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Laser Photonics (Laser Photonics) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Laser Photonics Corp (NAS:LASE) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1101 N. Keller Road, Suite G, Orlando, FL, USA, 32810

Website

https://www.laserphotonics.com

Laser Photonics Corp is an integrated manufacturing company for photonics-based industrial products and solutions, primarily laser cleaning technologies. Its laser-blasting technologies are focused on disrupting the sandblasting and abrasives blasting markets. The company offers a portfolio of integrated laser-blasting solutions for corrosion control, rust removal, de-coating, pre-welding and post-welding, laser cleaning, and surface conditioning. Its laser-blasting solutions are applicable in every industry dealing with materials processing, including automotive, aerospace, healthcare, consumer products, shipbuilding, aerospace, heavy industry, machine manufacturing, nuclear maintenance and de-commissioning, and surface coating.

Executives

Dmitriy Nikitin	10 percent owner	400 RINEHART ROAD #1000, LAKE MARY FL 32746
Tatiana Nikitina	director, officer: Secretary, Marketing Director	3217 YATTIKA PLACE, LONGWOOD FL 32779
Arnold Bykov	director, officer: Chief Design Engineer	400 RINEHART ROAD #1000, LAKE MARY FL 32746
Wayne Tupuola	director, officer: Chief Executive Officer	C/O MABWE MINERALS INC, 400 RINEHART ROAD, #1000, LAKE MARY FL 32746
Ict Investments Llc	10 percent owner	3217 YUTTKA PLACE, LONGWOOD FL 32779
Tim Schick	officer: VP Finance	1101 N. KELLER ROAD, SUITE G, ORLANDO FL 32810
Ryan Tennyson	director	1101 N. KELLER ROAD, SUITE G, ORLANDO FL 32810
Glenn Peterson	director	1101 N. KELLER ROAD, SUITE G, ORLANDO FL 32810
Igor Vodopiyanov	officer: VP R&D and Product Development	1101 N. KELLER ROAD, SUITE G, ORLANDO FL 32810
Shara Pathak	director	1101 N. KELLER ROAD, SUITE G, ORLANDO FL 32810