Broadstone Acquisition (Broadstone Acquisition) ROCE % : -0.04% (As of Sep. 2020)

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What is Broadstone Acquisition 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. Broadstone Acquisition's annualized ROCE % for the quarter that ended in Sep. 2020 was -0.04%.

Broadstone Acquisition ROCE % Historical Data

The historical data trend for Broadstone Acquisition'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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Broadstone Acquisition ROCE % Chart

Broadstone Acquisition Annual Data

Trend

Dec20

ROCE %

Broadstone Acquisition Semi-Annual Data
	Jun20	Sep20	Dec20
ROCE %	-	-0.04	-

Broadstone Acquisition ROCE % Calculation

Broadstone Acquisition's annualized ROCE % for the fiscal year that ended in . 20 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: . 20 )		(A: . 20 )		(A: . 20 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: . 20 )		(A: . 20 )		(A: . 20 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

Broadstone Acquisition's ROCE % of for the quarter that ended in Sep. 2020 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2020 )		(Q: Jun. 2020 )		(Q: Sep. 2020 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2020 )		(Q: Jun. 2020 )		(Q: Sep. 2020 )
	=	-0.055	/	( ( (0.29 - 0.276)	+	(301.911 - 0.093) )	/ 2 )
	=	-0.055	/	( ( 0.014	+	301.818 )	/ 2 )
	=	-0.055	/	150.916
	=	-0.04 %

(1) Note: The EBIT data used here is one times the annual (Sep. 2020) EBIT data.

Broadstone Acquisition (NYSE:BSN.WS) 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.

Broadstone Acquisition ROCE % Related Terms

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