Transense Technologies (LSE:TRT) ROCE % : 27.26% (As of Dec. 2023)

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What is Transense 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. Transense Technologies's annualized ROCE % for the quarter that ended in Dec. 2023 was 27.26%.

Transense Technologies ROCE % Historical Data

The historical data trend for Transense 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.

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Transense Technologies ROCE % Chart

Transense Technologies Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

ROCE %

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-26.07

-35.16

-6.05

9.46

26.46

Transense Technologies Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
ROCE %	Get a 7-Day Free Trial															6.91	12.17	14.13	38.86	27.26

Transense Technologies ROCE % Calculation

Transense Technologies's annualized ROCE % for the fiscal year that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	0.969	/	( ( (3.759 - 0.625)	+	(4.561 - 0.37) )	/ 2 )
	=	0.969	/	( (3.134	+	4.191)	/ 2 )
	=	0.969	/	3.6625
	=	26.46 %

Transense Technologies'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: Jun. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Jun. 2023 )		(Q: Dec. 2023 )
	=	1.232	/	( ( (4.561 - 0.37)	+	(5.113 - 0.264) )	/ 2 )
	=	1.232	/	( ( 4.191	+	4.849 )	/ 2 )
	=	1.232	/	4.52
	=	27.26 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

Transense Technologies (LSE:TRT) 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.

Transense Technologies ROCE % Related Terms

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Transense Technologies (LSE:TRT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Transense Technologies PLC (LSE:TRT) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

TRT.GB:UK

Address

1 Landscape Close, Weston-on-the Green, Bicester, Oxfordshire, GBR, OX25 3SX

Website

https://www.transense.com

Transense Technologies PLC is engaged in the provision of tyre management solutions. It develops, manufactures, and sells specialist Tyre probes and Transense tyre pressure monitoring technology (TPMS) monitoring solutions and associated technologies. The company development of non-contact batteryless sensors and their electronic interrogation systems for measuring pressure, temperature, and torque in automotive and non-automotive applications. Its operating segment includes SAW, Translogik, and iTrack royalties. The company generates maximum revenue from iTrack royalties segment. Geographically, it derives the majority of its revenue from Europe and has a presence in Chile; Australia; UK and North America; Japan, and the Rest of the World.

Transense Technologies (LSE:TRT) Headlines

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