Born (BRRN) ROCE % : 0.00% (As of Oct. 2020)

View and export this data going back to 2007. Start your Free Trial

What is Born 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. Born's annualized ROCE % for the quarter that ended in Oct. 2020 was 0.00%.

Born ROCE % Historical Data

The historical data trend for Born'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.

Born ROCE % Chart

Born Annual Data

Trend

Apr07

Apr08

Apr09

Apr10

Apr11

Apr12

Apr19

Apr20

ROCE %

Get a 7-Day Free Trial

Born Quarterly Data
	Oct09	Jan10	Apr10	Jul10	Oct10	Jan11	Apr11	Jul11	Oct11	Jan12	Apr12	Jul12	Oct12	Jan13	Apr19	Jul19	Oct19	Apr20	Jul20	Oct20
ROCE %	Get a 7-Day Free Trial															-	-	-	-	-

Born ROCE % Calculation

Born's annualized ROCE % for the fiscal year that ended in Apr. 2020 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Apr. 2020 )		(A: Apr. 2019 )		(A: Apr. 2020 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Apr. 2020 )		(A: Apr. 2019 )		(A: Apr. 2020 )
	=	-21.043	/	( ( (0 - 2.975)	+	(0 - 3.017) )	/ 2 )
	=	-21.043	/	( (-2.975	+	-3.017)	/ 2 )
	=	-21.043	/	-2.996
	=	702.37 %

Born's ROCE % of for the quarter that ended in Oct. 2020 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Oct. 2020 )		(Q: Jul. 2020 )		(Q: Oct. 2020 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Oct. 2020 )		(Q: Jul. 2020 )		(Q: Oct. 2020 )
	=	-0.008	/	( ( (0 - 0.054)	+	(0 - 0) )	/ 1 )
	=	-0.008	/	( ( -0.054	+	0 )	/ 1 )
	=	-0.008	/	-0.054
	=	0 %

(1) Note: The EBIT data used here is four times the quarterly (Oct. 2020) EBIT data.

Born (OTCPK:BRRN) 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.

Born ROCE % Related Terms

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

Born (BRRN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Born Inc (OTCPK:BRRN) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

5699 S. 59th West Avenue, Building No. 100, Tulsa, OK, USA, 74107

Website

https://www.quture.com

Born Inc is a supplier of direct fired process heaters and associated process plant and equipment to the petro-chemical industry. It offers comprehensive engineering, procurement, inspection, installation and commissioning services, together with full after sales support. Born's export markets include Latin America, Africa, Middle East, Asia, Australia, Europe, Canada, Mexico and other countries.

Born (BRRN) Headlines

No Headlines