Breakaway Resources Limited (ASX:BRW) ROCE % : -141.72% (As of Jun. 2013)

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

What is Breakaway Resources Limited 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. Breakaway Resources Limited's annualized ROCE % for the quarter that ended in Jun. 2013 was -141.72%.

Breakaway Resources Limited ROCE % Historical Data

The historical data trend for Breakaway Resources Limited'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.

Breakaway Resources Limited ROCE % Chart

Breakaway Resources Limited Annual Data

Trend

Jun04

Jun05

Jun06

Jun07

Jun08

Jun09

Jun10

Jun11

Jun12

Jun13

ROCE %

Get a 7-Day Free Trial

-14.60

-55.92

-34.10

-179.17

-173.28

Breakaway Resources Limited Semi-Annual Data
	Dec03	Jun04	Dec04	Jun05	Dec05	Jun06	Dec06	Jun07	Dec07	Jun08	Dec08	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13
ROCE %	Get a 7-Day Free Trial															-123.10	-186.37	-193.27	-189.48	-141.72

Breakaway Resources Limited ROCE % Calculation

Breakaway Resources Limited's annualized ROCE % for the fiscal year that ended in Jun. 2013 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2013 )		(A: Jun. 2012 )		(A: Jun. 2013 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2013 )		(A: Jun. 2012 )		(A: Jun. 2013 )
	=	-1.874	/	( ( (1.684 - 0.514)	+	(1.353 - 0.36) )	/ 2 )
	=	-1.874	/	( (1.17	+	0.993)	/ 2 )
	=	-1.874	/	1.0815
	=	-173.28 %

Breakaway Resources Limited's ROCE % of for the quarter that ended in Jun. 2013 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2013 )		(Q: Dec. 2012 )		(Q: Jun. 2013 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2013 )		(Q: Dec. 2012 )		(Q: Jun. 2013 )
	=	-1.532	/	( ( (1.518 - 0.349)	+	(1.353 - 0.36) )	/ 2 )
	=	-1.532	/	( ( 1.169	+	0.993 )	/ 2 )
	=	-1.532	/	1.081
	=	-141.72 %

(1) Note: The EBIT data used here is two times the semi-annual (Jun. 2013) EBIT data.

Breakaway Resources Limited (ASX:BRW) 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.

Breakaway Resources Limited ROCE % Related Terms

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

Breakaway Resources Limited Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Breakaway Resources Limited (ASX:BRW) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.breakawayresources.com.au

Breakaway Resources Limited (BRW, formerly Amalg Resources NL) is an exploration company, with gold, nickel and base metal projects located in WA and QLD.