Bingo Nation (Bingo Nation) ROCE % : 0.00% (As of Dec. 2016)

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What is Bingo Nation 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. Bingo Nation's annualized ROCE % for the quarter that ended in Dec. 2016 was 0.00%.

Bingo Nation ROCE % Historical Data

The historical data trend for Bingo Nation'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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Bingo Nation ROCE % Chart

Bingo Nation Annual Data

Trend

Mar09

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ROCE %

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Bingo Nation Quarterly Data
	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16
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Bingo Nation ROCE % Calculation

Bingo Nation's annualized ROCE % for the fiscal year that ended in Mar. 2016 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2016 )		(A: Mar. 2015 )		(A: Mar. 2016 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2016 )		(A: Mar. 2015 )		(A: Mar. 2016 )
	=	0.064	/	( ( (0.294 - 0.524)	+	(0.281 - 0.546) )	/ 2 )
	=	0.064	/	( (-0.23	+	-0.265)	/ 2 )
	=	0.064	/	-0.2475
	=	-25.86 %

Bingo Nation's ROCE % of for the quarter that ended in Dec. 2016 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2016 )		(Q: Sep. 2016 )		(Q: Dec. 2016 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2016 )		(Q: Sep. 2016 )		(Q: Dec. 2016 )
	=	-52.42	/	( ( (0.277 - 0.689)	+	(0.017 - 0.598) )	/ 2 )
	=	-52.42	/	( ( -0.412	+	-0.581 )	/ 2 )
	=	-52.42	/	-0.4965
	=	0 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2016) EBIT data.

Bingo Nation (GREY:BLTO) 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.

Bingo Nation ROCE % Related Terms

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Bingo Nation (Bingo Nation) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Bingo Nation Inc (GREY:BLTO) » Definitions » ROCE %

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Address

6440 Sky Pointe Drive, Suite 140/149, Las Vegas, NV, USA, 89131

Website

http://www.bingonation.tv

Bingo Nation Inc is a United States based entity specialized in tribal gaming, freemium marketing, lottery and interactive technology-based products. The company's portfolio includes proxy-player tribal gaming management, interactive advertising, and game sales via self-serve kiosks, smartphones, and tracking via secure cloud-based customer accounting systems.

Bingo Nation (Bingo Nation) Headlines

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