Life Electric Vehicles Holdings (Life Electric Vehicles Holdings) ROCE % : -58.29% (As of Aug. 2023)

View and export this data going back to 2008. Start your Free Trial

What is Life Electric Vehicles Holdings 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. Life Electric Vehicles Holdings's annualized ROCE % for the quarter that ended in Aug. 2023 was -58.29%.

Life Electric Vehicles Holdings ROCE % Historical Data

The historical data trend for Life Electric Vehicles Holdings'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.

Life Electric Vehicles Holdings ROCE % Chart

Life Electric Vehicles Holdings Annual Data

Trend

Nov98

Nov99

Nov00

Nov01

Nov02

Nov03

Nov04

Nov05

Nov06

Nov07

ROCE %

Get a 7-Day Free Trial

-57.07

13.62

27.14

-32.60

-33.45

Life Electric Vehicles Holdings Quarterly Data
	May04	Aug04	Nov04	Feb05	May05	Aug05	Nov05	Feb06	May06	Aug06	Nov06	Feb07	May07	Aug07	Nov07	Feb08	May08	Aug08	Aug22	Aug23
ROCE %	Get a 7-Day Free Trial															-67.23	-52.34	-108.09	-35.48	-58.29

Life Electric Vehicles Holdings ROCE % Calculation

Life Electric Vehicles Holdings's annualized ROCE % for the fiscal year that ended in Nov. 2007 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Nov. 2007 )		(A: Nov. 2006 )		(A: Nov. 2007 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Nov. 2007 )		(A: Nov. 2006 )		(A: Nov. 2007 )
	=	-0.832	/	( ( (8.849 - 5.815)	+	(5.623 - 3.682) )	/ 2 )
	=	-0.832	/	( (3.034	+	1.941)	/ 2 )
	=	-0.832	/	2.4875
	=	-33.45 %

Life Electric Vehicles Holdings's ROCE % of for the quarter that ended in Aug. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Aug. 2023 )		(Q: Aug. 2022 )		(Q: Aug. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Aug. 2023 )		(Q: Aug. 2022 )		(Q: Aug. 2023 )
	=	-1.832	/	( ( (0 - 0)	+	(3.802 - 0.659) )	/ 1 )
	=	-1.832	/	( ( 0	+	3.143 )	/ 1 )
	=	-1.832	/	3.143
	=	-58.29 %

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

Life Electric Vehicles Holdings (OTCPK:LFEV) 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.

Life Electric Vehicles Holdings ROCE % Related Terms

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

Life Electric Vehicles Holdings (Life Electric Vehicles Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Life Electric Vehicles Holdings Inc (OTCPK:LFEV) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

460 Hillsboro Technology Drive, Deerfield Beach, FL, USA, 33441

Website

https://www.lifeelectricvehicles.com

Life Electric Vehicles Holdings Inc is a developer, manufacturer, and distributor in the light electric vehicle industry. The business model includes the launching, acquisition, and consolidation of multiple brands of e-bikes, e-trikes, e-scooters, and light EV companies to become an industry leader in the American micro-mobility market.

Life Electric Vehicles Holdings (Life Electric Vehicles Holdings) Headlines

From GuruFocus

IBN Coverage Initiated for Life Electric Vehicles Holdings Inc.

By Marketwired • 04-18-2024