Berkshire Grey (Berkshire Grey) ROCE % : -191.52% (As of Mar. 2023)

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What is Berkshire Grey 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. Berkshire Grey's annualized ROCE % for the quarter that ended in Mar. 2023 was -191.52%.

Berkshire Grey ROCE % Historical Data

The historical data trend for Berkshire Grey'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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Berkshire Grey ROCE % Chart

Berkshire Grey Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

ROCE %

-33.98

-51.04

-122.04

-89.01

Berkshire Grey Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
ROCE %	Get a 7-Day Free Trial								-75.45	-92.97	-103.04	-108.30	-191.52

Berkshire Grey ROCE % Calculation

Berkshire Grey's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	-113.842	/	( ( (216.684 - 41.787)	+	(113.841 - 32.95) )	/ 2 )
	=	-113.842	/	( (174.897	+	80.891)	/ 2 )
	=	-113.842	/	127.894
	=	-89.01 %

Berkshire Grey's ROCE % of for the quarter that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2023 )		(Q: Dec. 2022 )		(Q: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2023 )		(Q: Dec. 2022 )		(Q: Mar. 2023 )
	=	-130.472	/	( ( (113.841 - 32.95)	+	(102.956 - 47.598) )	/ 2 )
	=	-130.472	/	( ( 80.891	+	55.358 )	/ 2 )
	=	-130.472	/	68.1245
	=	-191.52 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2023) EBIT data.

Berkshire Grey (NAS:BGRYW) 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.

Berkshire Grey ROCE % Related Terms

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Berkshire Grey (Berkshire Grey) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Berkshire Grey Inc (NAS:BGRYW) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

140 South Road, Bedford, MA, USA, 01730

Website

https://www.berkshiregrey.com

Berkshire Grey Inc helps customers delivering game-changing technology that combines AI and robotics to automate fulfillment, supply chain, and logistics operations. Its solutions are a fundamental engine of change that transforms pick, pack, move, store, organize and sort operations to deliver a competitive advantage for enterprises. Majority of the revenue is derived from North America.