Badlands Resources (Badlands Resources) ROCE % : -10.72% (As of Dec. 2023)

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What is Badlands Resources 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. Badlands Resources's annualized ROCE % for the quarter that ended in Dec. 2023 was -10.72%.

Badlands Resources ROCE % Historical Data

The historical data trend for Badlands Resources'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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Badlands Resources ROCE % Chart

Badlands Resources Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

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-16.89

-19.70

-12.22

-7.95

-9.27

Badlands Resources Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															-8.41	-6.57	-16.55	-7.89	-10.72

Badlands Resources ROCE % Calculation

Badlands Resources'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 )
	=	-0.688	/	( ( (8.481 - 0.721)	+	(8.056 - 0.974) )	/ 2 )
	=	-0.688	/	( (7.76	+	7.082)	/ 2 )
	=	-0.688	/	7.421
	=	-9.27 %

Badlands Resources's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	-0.756	/	( ( (8.301 - 1.182)	+	(8.404 - 1.415) )	/ 2 )
	=	-0.756	/	( ( 7.119	+	6.989 )	/ 2 )
	=	-0.756	/	7.054
	=	-10.72 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Badlands Resources (OTCPK:BDLNF) 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.

Badlands Resources ROCE % Related Terms

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Badlands Resources (Badlands Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Badlands Resources Inc (OTCPK:BDLNF) » Definitions » ROCE %

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B7Q:Germany BLDS:Canada

Address

200 Burrard Street, Suite 1680, Vancouver, BC, CAN, V6C 3L6

Website

https://www.mineralmountainresources.com

Badlands Resources Inc formerly Mineral Mountain Resources Ltd is an exploration-stage company. Principally, it is engaged in the acquisition, exploration, and development of mineral properties in North America. Mineral Mountain is an advanced explorer with focus on development of gold projects with camp Scale potential, within cost effective, politically friendly, mining friendly regions of the United States. The company is focused on Rochford project located in the Rochford mining district of the Black Hills, South Dakota.

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