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Bowlin Travel Centers (Bowlin Travel Centers) ROCE % : 1.46% (As of Jan. 2011)


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What is Bowlin Travel Centers 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. Bowlin Travel Centers's annualized ROCE % for the quarter that ended in Jan. 2011 was 1.46%.


Bowlin Travel Centers ROCE % Historical Data

The historical data trend for Bowlin Travel Centers'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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Bowlin Travel Centers ROCE % Chart

Bowlin Travel Centers Annual Data
Trend Jan02 Jan03 Jan04 Jan05 Jan06 Jan07 Jan08 Jan09 Jan10 Jan11
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.43 3.28 -2.05 -0.06 1.46

Bowlin Travel Centers Semi-Annual Data
Jan00 Jan01 Jan02 Jan03 Jan04 Jan05 Jan06 Jan07 Jan08 Jan09 Jan10 Jan11
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.43 3.28 -2.05 -0.06 1.46

Bowlin Travel Centers ROCE % Calculation

Bowlin Travel Centers's annualized ROCE % for the fiscal year that ended in Jan. 2011 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Jan. 2011 )  (A: Jan. 2010 )(A: Jan. 2011 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Jan. 2011 )  (A: Jan. 2010 )(A: Jan. 2011 )
=0.257/( ( (18.817 - 1.601) + (19.625 - 1.69) )/ 2 )
=0.257/( (17.216+17.935)/ 2 )
=0.257/17.5755
=1.46 %

Bowlin Travel Centers's ROCE % of for the quarter that ended in Jan. 2011 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jan. 2011 )  (Q: Jan. 2010 )(Q: Jan. 2011 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jan. 2011 )  (Q: Jan. 2010 )(Q: Jan. 2011 )
=0.257/( ( (18.817 - 1.601) + (19.625 - 1.69) )/ 2 )
=0.257/( ( 17.216 + 17.935 )/ 2 )
=0.257/17.5755
=1.46 %

(1) Note: The EBIT data used here is one times the annual (Jan. 2011) 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.


Bowlin Travel Centers  (OTCPK:BWTL) 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.


Bowlin Travel Centers ROCE % Related Terms

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Bowlin Travel Centers (Bowlin Travel Centers) Business Description

Traded in Other Exchanges
N/A
Address
150 Louisiana Boulevard NE, Albuquerque, NM, USA, 87108
Bowlin Travel Centers Inc operates several travel centers and restaurants located along interstate highways in New Mexico and Arizona. Some of its travel centers also offer fuel and full-service restaurants under the Dairy Queen/Brazier, Dairy Queen, or Subway trade names. All of the company's travel centers offer a variety of Southwestern merchandise to the traveling public in the Southwestern United States, and New Mexico. It also operates a convenience store selling chips, nuts, cookies, and prepackaged sandwiches, along with a variety of bottled and canned drinks.
Executives
James F Adelson 10 percent owner 15 EAST 5TH STREET, SUITE 3200, TULSA OK 74103
Stephen J Heyman 10 percent owner 15 EAST 5TH STREET, SUITE 3200, TULSA OK 74103
Yorktown Avenue Capital, Llc 10 percent owner 15 EAST 5TH STREET, SUITE 3200, TULSA OK 74103
Jonathan Brooks 10 percent owner 2201 NORTH BEVERLY DR., BEVERLY HILLS CA 90210

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