BULT (Bullet Blockchain) ROCE % : 0.00% (As of Dec. 2008)

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What is Bullet Blockchain 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. Bullet Blockchain's annualized ROCE % for the quarter that ended in Dec. 2008 was 0.00%.

Bullet Blockchain ROCE % Historical Data

The historical data trend for Bullet Blockchain's ROCE % can be seen below:

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Bullet Blockchain ROCE % Chart

Bullet Blockchain Annual Data

Trend

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ROCE %

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Bullet Blockchain Semi-Annual Data
	Dec00	Dec01	Dec02	Dec03	Dec04	Dec05	Dec06	Dec07	Dec08
ROCE %	Get a 7-Day Free Trial				-	-	-	-	-

Bullet Blockchain ROCE % Calculation

Bullet Blockchain's annualized ROCE % for the fiscal year that ended in Dec. 2008 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2008 )		(A: Dec. 2007 )		(A: Dec. 2008 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2008 )		(A: Dec. 2007 )		(A: Dec. 2008 )
	=	-0.474	/	( ( (0.27 - 0.5)	+	(0.243 - 0.172) )	/ 2 )
	=	-0.474	/	( (-0.23	+	0.071)	/ 2 )
	=	-0.474	/	-0.0795
	=	596.23 %

Bullet Blockchain's ROCE % of for the quarter that ended in Dec. 2008 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2008 )		(Q: Dec. 2007 )		(Q: Dec. 2008 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2008 )		(Q: Dec. 2007 )		(Q: Dec. 2008 )
	=	-0.474	/	( ( (0.27 - 0.5)	+	(0.243 - 0.172) )	/ 2 )
	=	-0.474	/	( ( -0.23	+	0.071 )	/ 2 )
	=	-0.474	/	-0.0795
	=	0 %

(1) Note: The EBIT data used here is one times the annual (Dec. 2008) EBIT data.

Bullet Blockchain (OTCPK:BULT) 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.

Bullet Blockchain ROCE % Related Terms

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Bullet Blockchain Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Bullet Blockchain Inc (OTCPK:BULT) » Definitions » ROCE %

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Traded in Other Exchanges

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Address

401 Ryland Street, Suite 200A, Reno, NV, USA, 89502

Website

https://www.bulletblockchain.com

Bullet Blockchain Inc is a diversified software development and SaaS company, specializing in blockchain technologies and Web 3.0. It has pivoted its operations to solely focus on Bitcoin mining and tangential blockchain opportunities. It will operate Bitcoin ATMs, mine, purchase/sell, and hold Bitcoin, and seeks to establish a diversified revenue.