Lifeloc Technologies Stock

Lifeloc Technologies ROCE 2024

Lifeloc Technologies ROCE

-0.03

Ticker

LCTC

ISIN

US53220Y2072

In 2024, Lifeloc Technologies's return on capital employed (ROCE) was -0.03, a -71.52% increase from the -0.11 ROCE in the previous year.

Lifeloc Technologies Aktienanalyse

What does Lifeloc Technologies do?

Lifeloc Technologies Inc is a company that has been a leader in the development of alcohol and drug testing devices for over 30 years. The company was founded in 1983 and is headquartered in Wheat Ridge, Colorado. Lifeloc focuses on manufacturing reliable and accurate alcohol and drug testing devices for applications in criminal and labor law, transportation, and healthcare. Lifeloc's business model is tailored to the needs of its customers. The company offers both direct sales and sales through a global distribution network. Lifeloc focuses on producing and selling alcohol and drug testing devices for drug activity monitoring, drug testing compliance for employees, drug analysis for government personnel, and medical testing centers. Lifeloc develops and manufactures a wide range of products for alcohol and drug testing. The company offers both individual devices and complete testing systems that cover a variety of methods for alcohol and drug testing. Products include alcohol testing devices for personal use and professional applications, drug testing devices for urine, saliva, and hair, and laboratory equipment for chemical analysis of drug substances. Lifeloc's various divisions cover applications in criminal and labor law, transportation, and healthcare. The company offers alcohol and drug testing devices for drug testing compliance to ensure that employees and service providers are tested for drugs and alcohol to ensure workplace safety. The company also offers products for correctional facilities to help offenders remember to stay sober. For the transportation sector, Lifeloc provides alcohol and drug testing devices for use in airplanes, ships, trucks, and other vehicles to ensure the safety of passengers and other road users. Lifeloc also offers products for use in healthcare, such as devices and test kits for drug testing analysis in hospitals and other medical facilities. Throughout its history, Lifeloc has overcome many challenges. A major milestone was the introduction of the Breathalyzer™ alcohol testing device in 1988, which is now considered an industry standard and used by government and law enforcement agencies worldwide. Another milestone was the introduction of Fingerscript™ technology in 2005, which allows for rapid on-site drug testing and is now used by many government agencies, law enforcement agencies, and companies. In conclusion, Lifeloc Technologies Inc plays a leading role as a pioneering company in the field of alcohol and drug testing worldwide. The company's business model is tailored to the needs of its customers, and it has developed a wide range of products that cover a variety of applications in criminal and labor law, transportation, and healthcare. Lifeloc has overcome many challenges over the years and is now a well-known company in the field of alcohol and drug testing worldwide. Lifeloc Technologies ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROCE Details

Unraveling Lifeloc Technologies's Return on Capital Employed (ROCE)

Lifeloc Technologies's Return on Capital Employed (ROCE) is a financial metric that measures the company's profitability and efficiency with respect to the capital employed. It is calculated by dividing earnings before interest and tax (EBIT) by the employed capital. A higher ROCE indicates that the company is effectively utilizing its capital to generate profits.

Year-to-Year Comparison

Analyzing Lifeloc Technologies's ROCE annually provides valuable insights into its efficiency in using its capital to generate profits. An increasing ROCE indicates improved profitability and operational efficiency, whereas a decrease might signal potential issues in capital utilization or business operations.

Impact on Investments

Lifeloc Technologies's ROCE is a critical factor for investors and analysts for evaluating the company’s efficiency and profitability. A higher ROCE can make the company an attractive investment, as it often signifies that the firm is generating adequate profits from its employed capital.

Interpreting ROCE Fluctuations

Changes in Lifeloc Technologies’s ROCE are attributed to variations in EBIT or the capital employed. These fluctuations offer insights into the company’s operational efficiency, financial performance, and strategic financial management, assisting investors in making informed investment decisions.

Frequently Asked Questions about Lifeloc Technologies stock

What is the ROCE (Return on Capital Employed) of Lifeloc Technologies this year?

The ROCE of Lifeloc Technologies is -0.03 undefined this year.

How has the ROCE (Return on Capital Employed) of Lifeloc Technologies developed compared to the previous year?

The ROCE of Lifeloc Technologies has increased by -71.52% decreased compared to the previous year.

What does a high ROCE (Return on Capital Employed) mean for investors of Lifeloc Technologies?

A high Return on Capital Employed (ROCE) indicates that Lifeloc Technologies has efficient capital utilization and is able to achieve a higher return on its invested capital. This can be appealing to investors.

What does a low ROCE (Return on Capital Employed) mean for investors of Lifeloc Technologies?

A low ROCE (Return on Capital Employed) can indicate that Lifeloc Technologies has an inefficient utilization of its capital and may have difficulty in achieving a satisfactory return on its invested capital. This can be uncertain or unattractive for investors.

How does an increase in ROCE from Lifeloc Technologies impact the company?

An increase in the ROCE of Lifeloc Technologies can be an indicator of improved company efficiency and show that it is achieving higher profits in relation to its investments.

How does a reduction in the ROCE of Lifeloc Technologies affect the company?

A decrease in ROCE of Lifeloc Technologies can be an indicator of deteriorated efficiency of the company, indicating that it is generating lower profits in relation to its investments.

What are some factors that can influence the ROCE of Lifeloc Technologies?

Some factors that can affect Lifeloc Technologies's ROCE include efficiency in managing assets, profitability of investments, cost efficiency, and market conditions.

Why is the ROCE of Lifeloc Technologies so important for investors?

The ROCE of Lifeloc Technologies is important for investors as it is an indicator of the company's efficiency and shows how successful the company is in relation to its investments. A high ROCE can indicate strong financial performance of the company.

What strategic measures can Lifeloc Technologies take to improve the ROCE?

To improve the ROCE, Lifeloc Technologies can take measures such as increasing efficiency in asset management, optimizing investments, cost savings, and exploring new revenue sources. It is important for the company to conduct a thorough review of its operations to determine the best strategic actions to improve the ROCE.

How much dividend does Lifeloc Technologies pay?

Over the past 12 months, Lifeloc Technologies paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Lifeloc Technologies is expected to pay a dividend of 0 USD.

What is the dividend yield of Lifeloc Technologies?

The current dividend yield of Lifeloc Technologies is .

When does Lifeloc Technologies pay dividends?

Lifeloc Technologies pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Lifeloc Technologies?

Lifeloc Technologies paid dividends every year for the past 0 years.

What is the dividend of Lifeloc Technologies?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Lifeloc Technologies located?

Lifeloc Technologies is assigned to the 'Information technology' sector.

Wann musste ich die Aktien von Lifeloc Technologies kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Lifeloc Technologies from 9/20/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 9/20/2024.

When did Lifeloc Technologies pay the last dividend?

The last dividend was paid out on 9/20/2024.

What was the dividend of Lifeloc Technologies in the year 2023?

In the year 2023, Lifeloc Technologies distributed 0 USD as dividends.

In which currency does Lifeloc Technologies pay out the dividend?

The dividends of Lifeloc Technologies are distributed in USD.

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Andere Kennzahlen von Lifeloc Technologies

Our stock analysis for Lifeloc Technologies Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Lifeloc Technologies Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.