iGen Networks (iGen Networks) ROCE % : 0.00% (As of Sep. 2023)

View and export this data going back to 2007. Start your Free Trial

What is iGen Networks 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. iGen Networks's annualized ROCE % for the quarter that ended in Sep. 2023 was 0.00%.

iGen Networks ROCE % Historical Data

The historical data trend for iGen Networks'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.

iGen Networks ROCE % Chart

iGen Networks Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

ROCE %

Get a 7-Day Free Trial

iGen Networks Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
ROCE %	Get a 7-Day Free Trial															-	-	-	-	-

iGen Networks ROCE % Calculation

iGen Networks's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	-0.72	/	( ( (0.762 - 1.084)	+	(0.616 - 1.186) )	/ 2 )
	=	-0.72	/	( (-0.322	+	-0.57)	/ 2 )
	=	-0.72	/	-0.446
	=	161.43 %

iGen Networks's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	-0.528	/	( ( (0.034 - 1.17)	+	(0.033 - 1.248) )	/ 2 )
	=	-0.528	/	( ( -1.136	+	-1.215 )	/ 2 )
	=	-0.528	/	-1.1755
	=	0 %

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

iGen Networks (OTCPK:IGEN) 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.

iGen Networks ROCE % Related Terms

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

iGen Networks (iGen Networks) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » iGen Networks Corp (OTCPK:IGEN) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

31772 Casino Drive, Suite C, Lake Elsinore, CA, USA, 92530

Website

http://www.igen-networks.com

iGen Networks Corp is engaged in the development and marketing of software services for the automotive industry. It has one reportable segment being Vehicle Tracking and Recovery Solutions. The company works with wireless carriers, hardware suppliers and software developers to provide direct and secure access to information on the vehicle and the driver's behavior. The software services are delivered from the AWS Cloud to the consumer and their families over the wireless networks and accessed from any mobile or desktop device. The software services are marketed to automotive dealers, financial institutions, and direct-to-consumer through various commercial and consumer brands. The company's brands include Nimbo Tracking, CU Trak, and Medallion GPS PRO.

Executives

Neil Gene Chan	director, officer: CEO	1075 ST. DAVID STREET, VICTORIA A1 V8S 4Y7
Robert G Friedman	director, 10 percent owner	510 EAST 80 STREET, NEW YORK NY 10075
Sierra Abel Israel Sr	officer: VP/GM	28375 ROSTRATA AVE, LAKE ELSINORE CA 92532
Robert Nealon	director	119 NORTH HENRY STREET, ALEXANDRIA VA 22314
Richard Allan Freeman	director, officer: COO	361 WEST 20TH AVE, VANCOUVER A1 V5Y 2C5
Richard Gilbertson	director, officer: Chief Financial Officer	408 WEST PALM AIRE DRIVE, POMPANO BEACH FL 33069
Chris Shade	director	84283 - 5512 4TH STREET NW, CALGARY A0 T2K 1A9
Monty Ormsby	director, officer: President	5605 INDIGO BAY WAY, LAS VEGAS NV 89131
Michael Grudman	director, officer: CFO	104 - 838 W16TH AVE, VANCOUVER A1 V5Z 1T1