Bedrocan Cannabis (FRA:8BC) ROCE % : -24.11% (As of Apr. 2015)

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What is Bedrocan Cannabis 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. Bedrocan Cannabis's annualized ROCE % for the quarter that ended in Apr. 2015 was -24.11%.

Bedrocan Cannabis ROCE % Historical Data

The historical data trend for Bedrocan Cannabis'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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Bedrocan Cannabis ROCE % Chart

Bedrocan Cannabis Annual Data

Trend

Jan13

Jan14

Jan15

ROCE %

-29.68

Bedrocan Cannabis Quarterly Data
	Jan13	Apr13	Jul13	Oct13	Jan14	Apr14	Jul14	Oct14	Jan15	Apr15
ROCE %	Get a 7-Day Free Trial					-5.99	-171.84	-22.90	-	-24.11

Bedrocan Cannabis ROCE % Calculation

Bedrocan Cannabis's annualized ROCE % for the fiscal year that ended in Jan. 2015 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jan. 2015 )		(A: Jan. 2014 )		(A: Jan. 2015 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jan. 2015 )		(A: Jan. 2014 )		(A: Jan. 2015 )
	=	0	/	( ( (0.34 - 0.001)	+	(16.351 - 4.801) )	/ 2 )
	=	0	/	( (0.339	+	11.55)	/ 2 )
	=	0	/	5.9445
	=	0.00 %

Bedrocan Cannabis's ROCE % of for the quarter that ended in Apr. 2015 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Apr. 2015 )		(Q: Jan. 2015 )		(Q: Apr. 2015 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Apr. 2015 )		(Q: Jan. 2015 )		(Q: Apr. 2015 )
	=	-3	/	( ( (16.351 - 4.801)	+	(16.218 - 2.883) )	/ 2 )
	=	-3	/	( ( 11.55	+	13.335 )	/ 2 )
	=	-3	/	12.4425
	=	-24.11 %

(1) Note: The EBIT data used here is four times the quarterly (Apr. 2015) EBIT data.

Bedrocan Cannabis (FRA:8BC) 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.

Bedrocan Cannabis ROCE % Related Terms

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Bedrocan Cannabis (FRA:8BC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Bedrocan Cannabis Corp (FRA:8BC) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.bedrocan.ca

POCML 2 Inc is a capital pool company. The Company will not carry on any business other than the identification and evaluation of assets or businesses with a view to completing a proposed Qualifying Transaction.

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