Cross Border Resources (Cross Border Resources) ROCE % : 1.69% (As of Mar. 2015)

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What is Cross Border 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. Cross Border Resources's annualized ROCE % for the quarter that ended in Mar. 2015 was 1.69%.

Cross Border Resources ROCE % Historical Data

The historical data trend for Cross Border 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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Cross Border Resources ROCE % Chart

Cross Border Resources Annual Data

Trend

Jul06

Jul07

Jul08

Jul09

Jul10

Dec11

Dec12

Dec13

Dec14

ROCE %

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-171.03

-3.02

-6.60

12.22

-7.18

Cross Border Resources Quarterly Data
	Apr10	Jul10	Oct10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15
ROCE %	Get a 7-Day Free Trial															14.23	19.35	-90.43	19.21	1.69

Cross Border Resources ROCE % Calculation

Cross Border Resources's annualized ROCE % for the fiscal year that ended in Dec. 2014 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2014 )		(A: Dec. 2013 )		(A: Dec. 2014 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2014 )		(A: Dec. 2013 )		(A: Dec. 2014 )
	=	-1.977	/	( ( (38.95 - 2.789)	+	(33.29 - 14.401) )	/ 2 )
	=	-1.977	/	( (36.161	+	18.889)	/ 2 )
	=	-1.977	/	27.525
	=	-7.18 %

Cross Border Resources's ROCE % of for the quarter that ended in Mar. 2015 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2015 )		(Q: Dec. 2014 )		(Q: Mar. 2015 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2015 )		(Q: Dec. 2014 )		(Q: Mar. 2015 )
	=	0.32	/	( ( (33.29 - 14.401)	+	(35.064 - 16.169) )	/ 2 )
	=	0.32	/	( ( 18.889	+	18.895 )	/ 2 )
	=	0.32	/	18.892
	=	1.69 %

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

Cross Border Resources (OTCPK:XBOR) 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.

Cross Border Resources ROCE % Related Terms

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Cross Border Resources (Cross Border Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Cross Border Resources Inc (OTCPK:XBOR) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

2515 McKinney Avenue, Suite 900, Dallas, TX, USA, 75201

Website

http://www.xbres.com

Cross Border Resources Inc is an oil and gas Exploration Company. The Company is engaged in the acquisition, operation, exploration and development of oil and gas properties and prospects.

Executives

Laroche Richard F Jr	director	P.O. BOX 1398, MURFREESBORO TN 37133-1398
Gray Everett Willard Ii	other: Former Chief Executive Officer	P. O. BOX 5375, MIDLAND TX 79704

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