BNVIF (Binovi Technologies) ROCE %: -1,253.50% (As of Feb. 2022)


BNVIF Binovi Technologies Corp BNVIF
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What is Binovi Technologies ROCE %?

Binovi Technologies BNVIF -99.80% 10 ROCE % is -1,253.50% as of Feb. 2022. GuruFocus rates BNVIF with a GF Score™ of 10/100.

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. Binovi Technologies's annualized ROCE % for the quarter that ended in Feb. 2022 was -1,253.50%.

Binovi Technologies  (OTCPK:BNVIF) 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.

Binovi Technologies ROCE % Related Terms

Binovi Technologies ROCE % Historical Data

* Premium members only.

The historical data trend for Binovi 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.

Binovi Technologies ROCE % Chart

Binovi 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 -180.06 -195.45 -297.16 -161.57 -428.01

Binovi Technologies Quarterly Data
May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22
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 -138.88 -63.39 -50.28 -43.34 -1,253.50
BNVIF
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Binovi Technologies Corp BNVIF
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Binovi Technologies ROCE % Calculation

Binovi 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 )
=-12.821/( ( (9.594 - 1.805) + (0.853 - 2.651) )/ 2 )
=-12.821/( (7.789+-1.798)/ 2 )
=-12.821/2.9955
=-428.01 %

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

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Feb. 2022 )  (Q: Nov. 2021 )(Q: Feb. 2022 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Feb. 2022 )  (Q: Nov. 2021 )(Q: Feb. 2022 )
=-38.52/( ( (10.292 - 2.348) + (0.853 - 2.651) )/ 2 )
=-38.52/( ( 7.944 + -1.798 )/ 2 )
=-38.52/3.073
=-1,253.50 %

(1) Note: The EBIT data used here is four times the quarterly (Feb. 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 -1,253.50% mean?
Binovi Technologies (BNVIF) has a ROCE % of -1,253.50% as of Feb. 2022.
Is Binovi Technologies' ROCE % too high?
Binovi Technologies' current ROCE % is -1,253.50%. Overall, Binovi Technologies has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Binovi Technologies' ROCE % compare to CERN and VEEV?
Binovi Technologies' ROCE % of -1,253.50% can be compared against companies in the Healthcare Providers & Services industry. The industry median ROCE % is 6.41. 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 Healthcare Providers & Services company?
The median ROCE % among Healthcare Providers & Services companies is 6.41, based on 648 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. 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. For the Healthcare Providers & Services industry, the median ROCE % is 6.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Binovi Technologies's current ROCE % is -1,253.50%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Binovi Technologies stock overvalued right now?
Binovi Technologies (BNVIF) has a current ROCE % of -1,253.50%. The current ROCE % is -1,253.50%. Binovi Technologies' overall GF Score™ is 10/100. 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 Binovi Technologies (BNVIF), the current ROCE % is -1,253.50% as of Feb. 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.

Binovi Technologies Business Description

Address 1055 West Georgia Street, Suite 1500, Vancouver, BC, CAN, V6E 4N7
Binovi Technologies Corp is engaged in the development and commercialization of visual and neuro-cognitive processing products and manufacturing hardware and software for diagnosing and remediating visual perception disorders. The company has three geographical segments; the United States, Canada, and Other. it derives a majority of its revenue from the United States.
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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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