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Becton Property Group (ASX:BEC) ROCE % : -147.83% (As of Jun. 2012)


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What is Becton Property 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. Becton Property Group's annualized ROCE % for the quarter that ended in Jun. 2012 was -147.83%.

Becton Property Group ROCE % Historical Data

The historical data trend for Becton Property 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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Becton Property Group ROCE % Chart

Becton Property Group Annual Data
Trend Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12
ROCE %
Get a 7-Day Free Trial -73.24 -57.64 -65.53 -27.82 -63.73

Becton Property Group Semi-Annual Data
Dec05 Jun06 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12
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 -60.02 -67.73 -5.00 -60.68 -147.83

Becton Property Group ROCE % Calculation

Becton Property Group's annualized ROCE % for the fiscal year that ended in Jun. 2012 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Jun. 2012 )  (A: Jun. 2011 )(A: Jun. 2012 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Jun. 2012 )  (A: Jun. 2011 )(A: Jun. 2012 )
=-144.859/( ( (345.521 - 97.805) + (261.332 - 54.414) )/ 2 )
=-144.859/( (247.716+206.918)/ 2 )
=-144.859/227.317
=-63.73 %

Becton Property Group's ROCE % of for the quarter that ended in Jun. 2012 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jun. 2012 )  (Q: Dec. 2011 )(Q: Jun. 2012 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jun. 2012 )  (Q: Dec. 2011 )(Q: Jun. 2012 )
=-196.634/( ( (310.907 - 251.795) + (261.332 - 54.414) )/ 2 )
=-196.634/( ( 59.112 + 206.918 )/ 2 )
=-196.634/133.015
=-147.83 %

(1) Note: The EBIT data used here is two times the semi-annual (Jun. 2012) 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.

Becton Property Group  (ASX:BEC) 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.

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