Bayfield Ventures (FRA:B4N) ROCE % : -7.48% (As of Jul. 2014)

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

What is Bayfield Ventures 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. Bayfield Ventures's annualized ROCE % for the quarter that ended in Jul. 2014 was -7.48%.

Bayfield Ventures ROCE % Historical Data

The historical data trend for Bayfield Ventures'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.

Bayfield Ventures ROCE % Chart

Bayfield Ventures Annual Data

Trend

Oct04

Oct05

Oct06

Oct07

Oct08

Oct09

Oct10

Oct11

Oct12

Oct13

ROCE %

Get a 7-Day Free Trial

-22.68

-21.31

-10.54

-7.17

Bayfield Ventures Quarterly Data
	Oct09	Jan10	Apr10	Jul10	Oct10	Jan11	Apr11	Jul11	Oct11	Jan12	Apr12	Jul12	Oct12	Jan13	Apr13	Jul13	Oct13	Jan14	Apr14	Jul14
ROCE %	Get a 7-Day Free Trial															-4.71	-5.60	-4.00	-4.92	-7.48

Bayfield Ventures ROCE % Calculation

Bayfield Ventures's annualized ROCE % for the fiscal year that ended in Oct. 2013 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Oct. 2013 )		(A: Oct. 2012 )		(A: Oct. 2013 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Oct. 2013 )		(A: Oct. 2012 )		(A: Oct. 2013 )
	=	-0.985	/	( ( (14.666 - 0.267)	+	(13.252 - 0.161) )	/ 2 )
	=	-0.985	/	( (14.399	+	13.091)	/ 2 )
	=	-0.985	/	13.745
	=	-7.17 %

Bayfield Ventures's ROCE % of for the quarter that ended in Jul. 2014 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jul. 2014 )		(Q: Apr. 2014 )		(Q: Jul. 2014 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jul. 2014 )		(Q: Apr. 2014 )		(Q: Jul. 2014 )
	=	-0.944	/	( ( (12.233 - 0.154)	+	(13.175 - 0.005) )	/ 2 )
	=	-0.944	/	( ( 12.079	+	13.17 )	/ 2 )
	=	-0.944	/	12.6245
	=	-7.48 %

(1) Note: The EBIT data used here is four times the quarterly (Jul. 2014) EBIT data.

Bayfield Ventures (FRA:B4N) 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.

Bayfield Ventures ROCE % Related Terms

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

Bayfield Ventures (FRA:B4N) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Bayfield Ventures Corp (FRA:B4N) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.bayfieldventures.com

Bayfield Ventures Corporation is a gold and silver exploration Company. The Company's project includes burns claim block gold-silver project in which it owns 100% of the mineral rights. The property is surrounded by Rainy River Resources property and adjoins the immediate east of Rainy River Resources' ODM17 gold-silver deposit and to the west of their expanding Intrepid gold-silver zone. It also holds interest in Red lake gold camp and Baird gold properties.

Bayfield Ventures (FRA:B4N) Headlines

No Headlines