Buscar Co (Buscar Co) ROIC %

: -512.22% (As of Mar. 2017)

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ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. Buscar Co's annualized return on invested capital (ROIC %) for the quarter that ended in Mar. 2017 was -512.22%.

As of today (2024-04-19), Buscar Co's WACC % is 0.00%. Buscar Co's ROIC % is 0.00% (calculated using TTM income statement data). Buscar Co earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Buscar Co ROIC % Historical Data

The historical data trend for Buscar Co's ROIC % 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.

Buscar Co Annual Data

Trend

Mar11

Mar12

Mar13

Mar14

Mar15

Mar16

ROIC %

-102.94

-125.71

-19.21

-335.21

-218.43

Buscar Co Semi-Annual Data
	Mar11	Mar12	Mar13	Mar14	Mar15	Mar16	Mar17
ROIC %			-125.71	-19.21	-335.21	-218.43	-512.22

Competitive Comparison

For the Other Precious Metals & Mining subindustry, Buscar Co's ROIC %, along with its competitors' market caps and ROIC % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Buscar Co ROIC % Distribution

For the Metals & Mining industry and Basic Materials sector, Buscar Co's ROIC % distribution charts can be found below:

* The bar in red indicates where Buscar Co's ROIC % falls into.

Buscar Co ROIC % Calculation

Buscar Co's annualized Return on Invested Capital (ROIC %) for the fiscal year that ended in Mar. 2016 is calculated as:

	ROIC % (A: Mar. 2016 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (A: Mar. 2015 )	+	Invested Capital (A: Mar. 2016 ))	/ count )
=	-0.403 * ( 1 - 0% )	/	( (0.178	+	0.191)	/ 2 )
=	-0.403	/	0.1845
=	-218.43 %

where

	Invested Capital		(A: Mar. 2015 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	0	-	0.238	-	( 0	-	max(0, 0.416	-	0	+	0	))
=	0.178

	Invested Capital		(A: Mar. 2016 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	0	-	0.032	-	( 0	-	max(0, 0.223	-	0	+	0	))
=	0.191

Buscar Co's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Mar. 2017 is calculated as:

	ROIC % (Q: Mar. 2017 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Mar. 2016 )	+	Invested Capital (Q: Mar. 2017 ))	/ count )
=	-3.373 * ( 1 - 0% )	/	( (0.191	+	1.126)	/ 2 )
=	-3.373	/	0.6585
=	-512.22 %

where

	Invested Capital		(Q: Mar. 2016 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	0	-	0.032	-	( 0	-	max(0, 0.223	-	0	+	0	))
=	0.191

	Invested Capital		(Q: Mar. 2017 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	1.274	-	0.024	-	( 0.287	-	max(0, 0.208	-	0.332	+	0.287	))
=	1.126

Note: The Operating Income data used here is one times the annual (Mar. 2017) data.

Buscar Co (OTCPK:CGLD) ROIC % Explanation

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROIC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, Buscar Co's WACC % is 0.00%. Buscar Co's ROIC % is 0.00% (calculated using TTM income statement data).

Be Aware

Like ROE % and ROA %, ROIC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Buscar Co ROIC % Related Terms

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Buscar Co (Buscar Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Buscar Co (OTCPK:CGLD) » Definitions » ROIC %

Comparable Companies

Traded in Other Exchanges

N/A

Address

9663 Santa Monica Boulevard, Suite 688, Beverly hills, CA, USA, 90210

Website

https://www.buscarcompany.com

Buscar Co is a mining company that develops, restores, and enhances mining on the Treasure Canyon Lode Mine. Treasure Canyon Lode Mine contains multiple heavy veins containing gold, silver, PGMs, copper, and rare earth metals. The company has 10 unpatented mining claims to develop and mine.