Borealis Exploration (Borealis Exploration) ROCE % : 0.00% (As of Sep. 2022)

View and export this data going back to . Start your Free Trial

What is Borealis Exploration 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. Borealis Exploration's annualized ROCE % for the quarter that ended in Sep. 2022 was 0.00%.

Borealis Exploration ROCE % Historical Data

The historical data trend for Borealis Exploration'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.

* Premium members only.

Borealis Exploration ROCE % Chart

Borealis Exploration Annual Data

Trend

Mar14

Mar15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

ROCE %

Get a 7-Day Free Trial

-19.74

3.66

9.39

9.28

8.98

Borealis Exploration Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Sep22	Sep23
ROCE %	Get a 7-Day Free Trial															9.19	9.51	9.44	-	-

Borealis Exploration ROCE % Calculation

Borealis Exploration's annualized ROCE % for the fiscal year that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Sep. 2023 )		(A: Sep. 2022 )		(A: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Sep. 2023 )		(A: Sep. 2022 )		(A: Sep. 2023 )
	=	0.803	/	( ( (44.73 - 35.996)	+	(45.476 - 36.33) )	/ 2 )
	=	0.803	/	( (8.734	+	9.146)	/ 2 )
	=	0.803	/	8.94
	=	8.98 %

Borealis Exploration's ROCE % of for the quarter that ended in Sep. 2022 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2022 )		(Q: Mar. 2022 )		(Q: Sep. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2022 )		(Q: Mar. 2022 )		(Q: Sep. 2022 )
	=	0	/	( ( (44.581 - 35.929)	+	(44.73 - 35.996) )	/ 2 )
	=	0	/	( ( 8.652	+	8.734 )	/ 2 )
	=	0	/	8.693
	=	0.00 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2022) EBIT data.

Borealis Exploration (OTCPK:BOREF) 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.

Borealis Exploration ROCE % Related Terms

Thank you for viewing the detailed overview of Borealis Exploration's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Borealis Exploration (Borealis Exploration) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Borealis Exploration Ltd (OTCPK:BOREF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

43 Main Street, Suite 1, Gibraltar, GIB, GX11 1AA

Website

https://www.borealis.gi

Borealis Exploration Ltd's principal activity is to hold a loan due from Borealis Holdings Limited (BHL) and accrues interest on the outstanding balance of this loan.

Borealis Exploration (Borealis Exploration) Headlines

No Headlines