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Bens Creek Group (STU:6RX) ROCE % : -40.23% (As of Sep. 2023)


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What is Bens Creek Group 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. Bens Creek Group's annualized ROCE % for the quarter that ended in Sep. 2023 was -40.23%.


Bens Creek Group ROCE % Historical Data

The historical data trend for Bens Creek Group'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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Bens Creek Group ROCE % Chart

Bens Creek Group Annual Data
Trend Mar21 Mar22 Mar23
ROCE %
-443.61 97.63 -40.90

Bens Creek Group Semi-Annual Data
Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
ROCE % Get a 7-Day Free Trial -6.47 121.78 -40.04 -39.81 -40.23

Bens Creek Group ROCE % Calculation

Bens Creek Group'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 )
=-19.876/( ( (61.26 - 12.638) + (74.854 - 26.282) )/ 2 )
=-19.876/( (48.622+48.572)/ 2 )
=-19.876/48.597
=-40.90 %

Bens Creek Group'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: Mar. 2023 )(Q: Sep. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2023 )  (Q: Mar. 2023 )(Q: Sep. 2023 )
=-21.08/( ( (74.854 - 26.282) + (73.683 - 17.452) )/ 2 )
=-21.08/( ( 48.572 + 56.231 )/ 2 )
=-21.08/52.4015
=-40.23 %

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


Bens Creek Group  (STU:6RX) 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.


Bens Creek Group ROCE % Related Terms

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Bens Creek Group (STU:6RX) Business Description

Traded in Other Exchanges
Address
15 Stratton Street, London, GBR, W1J 8LQ
Bens Creek Group PLC owns and operates metallurgical coal mines in North America. Its main country of operation is the United States of America. The company is engaged in Ben's creek mining project situated in the southern part of the state of West Virginia and the eastern edge of the Commonwealth of Kentucky. The company has two geographical segment, the United Kingdom and the United States of America ("USA"). Activities in the UK are mainly administrative in nature whilst the activities in the USA relate to coal production and sale of coal. Geographically the company derives the majority of its revenue from USA.

Bens Creek Group (STU:6RX) Headlines

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