GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Berkeley Energia Ltd (ASX:BKY) » Definitions » ROCE %

Berkeley Energia (ASX:BKY) ROCE % : -3.26% (As of Dec. 2023)


View and export this data going back to 2003. Start your Free Trial

What is Berkeley Energia 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. Berkeley Energia's annualized ROCE % for the quarter that ended in Dec. 2023 was -3.26%.


Berkeley Energia ROCE % Historical Data

The historical data trend for Berkeley Energia'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.

Berkeley Energia ROCE % Chart

Berkeley Energia Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -11.85 -11.22 -59.42 -13.44 -5.45

Berkeley Energia 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -17.43 -5.32 -6.17 -4.73 -3.26

Berkeley Energia ROCE % Calculation

Berkeley Energia'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 )
=-4.768/( ( (89.889 - 2.256) + (89.357 - 2.041) )/ 2 )
=-4.768/( (87.633+87.316)/ 2 )
=-4.768/87.4745
=-5.45 %

Berkeley Energia'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 )
=-2.794/( ( (89.357 - 2.041) + (85.484 - 1.363) )/ 2 )
=-2.794/( ( 87.316 + 84.121 )/ 2 )
=-2.794/85.7185
=-3.26 %

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

* 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.


Berkeley Energia  (ASX:BKY) 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.


Berkeley Energia ROCE % Related Terms

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


Berkeley Energia (ASX:BKY) Business Description

Traded in Other Exchanges
Address
28 The Esplanade, Level 9, Perth, WA, AUS, 6000
Berkeley Energia Ltd is a mineral exploration company engaged in developing uranium projects in Spain. Geographically, it has a presence in the United Kingdom and Spain. Its Salamanca Project includes the Retortillo, Alameda, Gambuta, and Zona 7 deposits as well as several other satellite deposits.

Berkeley Energia (ASX:BKY) Headlines

No Headlines