Bluestone Global (ASX:BUE) ROCE % : -228.55% (As of Jun. 2013)

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What is Bluestone Global 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. Bluestone Global's annualized ROCE % for the quarter that ended in Jun. 2013 was -228.55%.

Bluestone Global ROCE % Historical Data

The historical data trend for Bluestone Global'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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Bluestone Global ROCE % Chart

Bluestone Global Annual Data

Trend

Jun07

Jun08

Jun09

Jun10

Jun11

Jun12

Jun13

ROCE %

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-187.51

-59.37

-2.92

-49.36

-228.55

Bluestone Global Semi-Annual Data
	Jun07	Jun08	Jun09	Jun10	Jun11	Jun12	Jun13
ROCE %	Get a 7-Day Free Trial			-187.51	-59.37	-2.92	-49.36	-228.55

Bluestone Global ROCE % Calculation

Bluestone Global's annualized ROCE % for the fiscal year that ended in Jun. 2013 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2013 )		(A: Jun. 2012 )		(A: Jun. 2013 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2013 )		(A: Jun. 2012 )		(A: Jun. 2013 )
	=	-45.38	/	( ( (115.227 - 78.779)	+	(63.264 - 60) )	/ 2 )
	=	-45.38	/	( (36.448	+	3.264)	/ 2 )
	=	-45.38	/	19.856
	=	-228.55 %

Bluestone Global's ROCE % of for the quarter that ended in Jun. 2013 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2013 )		(Q: Jun. 2012 )		(Q: Jun. 2013 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2013 )		(Q: Jun. 2012 )		(Q: Jun. 2013 )
	=	-45.38	/	( ( (115.227 - 78.779)	+	(63.264 - 60) )	/ 2 )
	=	-45.38	/	( ( 36.448	+	3.264 )	/ 2 )
	=	-45.38	/	19.856
	=	-228.55 %

(1) Note: The EBIT data used here is one times the annual (Jun. 2013) EBIT data.

Bluestone Global (ASX:BUE) 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.

Bluestone Global ROCE % Related Terms

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Bluestone Global (ASX:BUE) Business Description

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Address

Website

http://www.bglcorporate.com

Bluestone Global Limited is a specialist labour hire, professional placement and international recruitment firm trading under three key brands: Bluestone Recruitment, ResCo Services and Bluestone International. The Group has core capabilities encompassing temporary, permanent and international recruitment with a focus on the skills and labour constrained industries, including energy (coal, oil & gas), resources, transport and logistics, information technology, health, aged care and financial services. The Company operates its business in three segments: labour hire segment, mining segment and international segment. The Labor Hire segment engages in the placement of temporary and permanent workers domestically and overseas. The Mining segment provides solutions to the resources sector including the delivery of skilled labour, operations of mining sites, maintenance of plant and equipment and the provision of critical spares and consumables. The International segment engages in placement of temporary and permanent workers in Australia, sourced internationally.

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