BIOAF (Bioasis Technologies) ROCE %: 0.00% (As of Nov. 2022)

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BIOAF Bioasis Technologies Inc BIOAF
12 GF Score
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What is Bioasis Technologies ROCE %?

Bioasis Technologies BIOAF 12 ROCE % is 0.00% as of Nov. 2022. GuruFocus rates BIOAF with a GF Score™ of 12/100.

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. Bioasis Technologies's annualized ROCE % for the quarter that ended in Nov. 2022 was 0.00%.

Bioasis Technologies  (OTCPK:BIOAF) 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.

Bioasis Technologies ROCE % Related Terms

Bioasis Technologies ROCE % Historical Data

* Premium members only.

The historical data trend for Bioasis Technologies'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.

Bioasis Technologies ROCE % Chart

Bioasis Technologies Annual Data
Trend Feb13 Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1,347.91 -1,037.24 0.00 0.00 -1,099.03

Bioasis Technologies Quarterly Data
Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22
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 -481.06 0.00 0.00 0.00 0.00
BIOAF
12GF Score
Bioasis Technologies Inc BIOAF
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Bioasis Technologies ROCE % Calculation

Bioasis Technologies's annualized ROCE % for the fiscal year that ended in Feb. 2022 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Feb. 2022 )  (A: Feb. 2021 )(A: Feb. 2022 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Feb. 2022 )  (A: Feb. 2021 )(A: Feb. 2022 )
=-2.83/( ( (2.58 - 1.496) + (1.783 - 2.352) )/ 2 )
=-2.83/( (1.084+-0.569)/ 2 )
=-2.83/0.2575
=-1,099.03 %

Bioasis Technologies's ROCE % of for the quarter that ended in Nov. 2022 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Nov. 2022 )  (Q: Aug. 2022 )(Q: Nov. 2022 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Nov. 2022 )  (Q: Aug. 2022 )(Q: Nov. 2022 )
=-2.3/( ( (1.798 - 2.659) + (1.31 - 2.678) )/ 2 )
=-2.3/( ( -0.861 + -1.368 )/ 2 )
=-2.3/-1.1145
=0 %

(1) Note: The EBIT data used here is four times the quarterly (Nov. 2022) 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 0.00% mean?
Bioasis Technologies (BIOAF) has a ROCE % of 0.00% as of Nov. 2022.
Is Bioasis Technologies' ROCE % too high?
Bioasis Technologies' current ROCE % is 0.00%. Overall, Bioasis Technologies has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Bioasis Technologies' ROCE % compare to VRTX and REGN?
Bioasis Technologies' ROCE % of 0.00% can be compared against companies in the Biotechnology 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 Biotechnology company?
A good ROCE % depends on the Biotechnology 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. Bioasis Technologies's current ROCE % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bioasis Technologies stock overvalued right now?
Bioasis Technologies (BIOAF) has a current ROCE % of 0.00%. The current ROCE % is 0.00%. Bioasis Technologies' overall GF Score™ is 12/100. 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 Bioasis Technologies (BIOAF), the current ROCE % is 0.00% as of Nov. 2022. 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.

Bioasis Technologies Business Description

Address 157 Church Street, 19th Floor, New Haven, CT, USA, 06510
Bioasis Technologies Inc is a development stage biopharmaceutical company engaged in the research and development of products for the diagnosis and treatment of neurological diseases and disorders. The company's xB3 program describes its proprietary carrier, p97, and components thereof, to deliver therapeutics across the blood-brain barrier (BBB).
12GF Score

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ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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