Black Range Minerals (ASX:BLR) ROCE %: -113.17% (As of Dec. 2014)


What is Black Range Minerals ROCE %?

Black Range Minerals ASX:BLR ROCE % is -113.17% as of Dec. 2014. The stock has 3 warning signs investors should review.

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. Black Range Minerals's annualized ROCE % for the quarter that ended in Dec. 2014 was -113.17%.

Black Range Minerals  (ASX:BLR) 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.

Black Range Minerals ROCE % Related Terms

Black Range Minerals ROCE % Historical Data

* Premium members only.

The historical data trend for Black Range Minerals'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.

Black Range Minerals ROCE % Chart

Black Range Minerals Annual Data
Trend Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -7.35 -4.68 -16.68 -8.56 -25.33

Black Range Minerals Semi-Annual Data
Jun05 Dec05 Jun06 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -13.70 -4.84 -9.80 -40.13 -113.17

Black Range Minerals ROCE % Calculation

Black Range Minerals's annualized ROCE % for the fiscal year that ended in Jun. 2014 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Jun. 2014 )  (A: Jun. 2013 )(A: Jun. 2014 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Jun. 2014 )  (A: Jun. 2013 )(A: Jun. 2014 )
=-6.366/( ( (26.48 - 0.693) + (26.168 - 1.697) )/ 2 )
=-6.366/( (25.787+24.471)/ 2 )
=-6.366/25.129
=-25.33 %

Black Range Minerals's ROCE % of for the quarter that ended in Dec. 2014 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2014 )  (Q: Jun. 2014 )(Q: Dec. 2014 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2014 )  (Q: Jun. 2014 )(Q: Dec. 2014 )
=-24.316/( ( (26.168 - 1.697) + (20.525 - 2.025) )/ 2 )
=-24.316/( ( 24.471 + 18.5 )/ 2 )
=-24.316/21.4855
=-113.17 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2014) EBIT data.

* 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of -113.17% mean?
Black Range Minerals (ASX:BLR) has a ROCE % of -113.17% as of Dec. 2014.
Is Black Range Minerals' ROCE % too high?
Black Range Minerals' current ROCE % is -113.17%.
How does Black Range Minerals' ROCE % compare to competitors?
Black Range Minerals' ROCE % of -113.17% 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 ROCE % for a Metals & Mining company?
A good ROCE % depends on the Metals & Mining industry context. However, ROCE % 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. Black Range Minerals's current ROCE % is -113.17%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Black Range Minerals stock overvalued right now?
Black Range Minerals (ASX:BLR) has a current ROCE % of -113.17%. The current ROCE % is -113.17%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Black Range Minerals (ASX:BLR), the current ROCE % is -113.17% as of Dec. 2014. 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.

Black Range Minerals Business Description

Black Range Minerals Limited is a minerals exploration company, focused on growth through acquisition, exploration and development. The Company is focused on advancing the Taylor Ranch/Hansen uranium project in Colorado towards production.