NBRI (North Bay Resources) ROC %: -6.31% (As of Sep. 2015)

What is North Bay Resources ROC %?

North Bay Resources NBRI +25.00% ROC % is -6.31% as of Sep. 2015.

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. North Bay Resources's annualized return on capital (ROC %) for the quarter that ended in Sep. 2015 was -6.31%.

As of today (2026-06-24), North Bay Resources's WACC % is 0.00%. North Bay Resources's ROC % is 0.00% (calculated using TTM income statement data). North Bay Resources earns returns that do not match up to its cost of capital. It will destroy value as it grows.

North Bay Resources (OTCPK:NBRI) ROC % Explanation

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, North Bay Resources's WACC % is 0.00%. North Bay Resources's ROC % is 0.00% (calculated using TTM income statement data). North Bay Resources earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Be Aware

Like ROE % and ROA %, ROC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

North Bay Resources ROC % Related Terms

North Bay Resources ROC % Historical Data

* Premium members only.

The historical data trend for North Bay Resources's ROC % 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.

North Bay Resources ROC % Chart

North Bay Resources Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

ROC %

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-91.02

-30.39

-22.04

-26.68

-33.28

North Bay Resources Quarterly Data
	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15
ROC %	Get a 7-Day Free Trial															-48.78	-21.55	-8.20	-7.41	-6.31

North Bay Resources ROC % Calculation

North Bay Resources's annualized Return on Capital (ROC %) for the fiscal year that ended in Dec. 2014 is calculated as:

	ROC % (A: Dec. 2014 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (A: Dec. 2013 )	+	Invested Capital (A: Dec. 2014 ))	/ count )
=	-1.951 * ( 1 - 0% )	/	( (5.062	+	6.661)	/ 2 )
=	-1.951	/	5.8615
=	-33.28 %

where

	Invested Capital		(A: Dec. 2013 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	2.82	-	0.963	-	( 0.156	-	max(0, 3.384	-	0.179	+	0.156	))
=	5.062

	Invested Capital		(A: Dec. 2014 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	2.616	-	1.275	-	( 0.066	-	max(0, 5.419	-	0.099	+	0.066	))
=	6.661

North Bay Resources's annualized Return on Capital (ROC %) for the quarter that ended in Sep. 2015 is calculated as:

	ROC % (Q: Sep. 2015 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jun. 2015 )	+	Invested Capital (Q: Sep. 2015 ))	/ count )
=	-0.404 * ( 1 - 0% )	/	( (6.404	+	6.4)	/ 2 )
=	-0.404	/	6.402
=	-6.31 %

where

	Invested Capital		(Q: Jun. 2015 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	2.549	-	1.503	-	( 0.05	-	max(0, 5.439	-	0.081	+	0.05	))
=	6.404

	Invested Capital		(Q: Sep. 2015 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	2.588	-	1.611	-	( 0.122	-	max(0, 5.562	-	0.139	+	0.122	))
=	6.4

Note: The Operating Income data used here is four times the quarterly (Sep. 2015) data. The tax rate is limited to between 0% and 100%.

Frequently Asked Questions Learn more about ROC % →

What does a ROC % of -6.31% mean?

North Bay Resources (NBRI) has a ROC % of -6.31% as of Sep. 2015. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on North Bay Resources and its competitors.

Is North Bay Resources' ROC % too high?

North Bay Resources' current ROC % is -6.31%.

How does North Bay Resources' ROC % compare to AUXRF and DWSGF?

North Bay Resources' ROC % of -6.31% can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good ROC % for a Metals & Mining company?

A good ROC % depends on the Metals & Mining industry context. However, ROC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high ROC % mean?

A high ROC % can signal that a stock is expensive relative to its fundamentals. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on North Bay Resources and its competitors. North Bay Resources's current ROC % is -6.31%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is North Bay Resources stock overvalued right now?

North Bay Resources (NBRI) has a current ROC % of -6.31%. The current ROC % is -6.31%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is ROC % calculated?

ROC % is calculated from a company's financial statements. For North Bay Resources (NBRI), the current ROC % is -6.31% as of Sep. 2015. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

North Bay Resources Business Description

Industry Basic Materials Metals & Mining

Comparable Companies AUXRF DWSGF NEBUF SWIXF GLHRF YHDT WDFCD TAJIF PHIXF JODRF VDMRF GOLDF SUIFD PLORF LMLLF FLMTF BRVVF SMGI MGYFF DCGCF

Address 135 W. Rudolph Road, Bishop, CA, USA, 93514

Website https://www.northbay-resources.com

North Bay Resources Inc is a natural resource company. It is engaged in the exploration, acquisition, development, and mining of precious metals and other mineral properties. The company's projects include the Bishop Gold Mill, Murex Copper, Fran Gold, Mount Vernon, Taber Mine and Copper Island.