Bonal International (Bonal International) ROCE % : 3.32% (As of Mar. 2023)

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

What is Bonal International 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. Bonal International's annualized ROCE % for the quarter that ended in Mar. 2023 was 3.32%.

Bonal International ROCE % Historical Data

The historical data trend for Bonal International'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.

Bonal International ROCE % Chart

Bonal International Annual Data

Trend

Mar21

Mar22

Mar23

ROCE %

13.68

3.32

Bonal International Semi-Annual Data
	Mar21	Mar22	Mar23
ROCE %	-	13.68	3.32

Bonal International ROCE % Calculation

Bonal International's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	0.056	/	( ( (1.87 - 0.203)	+	(1.965 - 0.263) )	/ 2 )
	=	0.056	/	( (1.667	+	1.702)	/ 2 )
	=	0.056	/	1.6845
	=	3.32 %

Bonal International's ROCE % of for the quarter that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2023 )		(Q: Mar. 2022 )		(Q: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2023 )		(Q: Mar. 2022 )		(Q: Mar. 2023 )
	=	0.056	/	( ( (1.87 - 0.203)	+	(1.965 - 0.263) )	/ 2 )
	=	0.056	/	( ( 1.667	+	1.702 )	/ 2 )
	=	0.056	/	1.6845
	=	3.32 %

(1) Note: The EBIT data used here is one times the annual (Mar. 2023) EBIT data.

Bonal International (OTCPK:BONL) 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.

Bonal International ROCE % Related Terms

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

Bonal International (Bonal International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Bonal International Inc (OTCPK:BONL) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1300 North Campbell Road, Royal Oak, MI, USA, 48067

Website

http://www.bonal.com

Bonal International Inc provides sub-harmonic vibratory technology for metal improvement solutions. The company offers stress relief equipment, pulse puddle arc welding equipment, and distortion controller equipment in the United States. It also provides consulting, training, program design, and mental stress relief services. The company serves automotive, aerospace, mining, petroleum, shipbuilding, welding, machine tools, plastic molding, racing, engine building, armament, and die-casting industries. Geographically operates through the region of the United States.

Bonal International (Bonal International) Headlines

No Headlines