BPZ Resources (FRA:NA4) ROCE % : -38.57% (As of Mar. 2015)

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

What is BPZ Resources 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. BPZ Resources's annualized ROCE % for the quarter that ended in Mar. 2015 was -38.57%.

BPZ Resources ROCE % Historical Data

The historical data trend for BPZ Resources'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.

BPZ Resources ROCE % Chart

BPZ Resources Annual Data

Trend

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

ROCE %

Get a 7-Day Free Trial

-17.66

-2.64

-8.78

-12.02

-31.90

BPZ Resources Quarterly Data
	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15
ROCE %	Get a 7-Day Free Trial															2.71	4.33	-60.70	-70.69	-38.57

BPZ Resources ROCE % Calculation

BPZ Resources's annualized ROCE % for the fiscal year that ended in Dec. 2014 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2014 )		(A: Dec. 2013 )		(A: Dec. 2014 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2014 )		(A: Dec. 2013 )		(A: Dec. 2014 )
	=	-47.25	/	( ( (296.927 - 32.132)	+	(236.293 - 204.885) )	/ 2 )
	=	-47.25	/	( (264.795	+	31.408)	/ 2 )
	=	-47.25	/	148.1015
	=	-31.90 %

BPZ Resources's ROCE % of for the quarter that ended in Mar. 2015 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2015 )		(Q: Dec. 2014 )		(Q: Mar. 2015 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2015 )		(Q: Dec. 2014 )		(Q: Mar. 2015 )
	=	-49.356	/	( ( (236.293 - 204.885)	+	(254.55 - 30.059) )	/ 2 )
	=	-49.356	/	( ( 31.408	+	224.491 )	/ 2 )
	=	-49.356	/	127.9495
	=	-38.57 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2015) EBIT data.

BPZ Resources (FRA:NA4) 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.

BPZ Resources ROCE % Related Terms

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

BPZ Resources (FRA:NA4) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » BPZ Resources Inc (FRA:NA4) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.bpzenergy.com

BPZ Resources Inc is a Texas corporation, incorporated in 1993. The Company is an independent oil and gas company engaged in the exploration, development and production of oil and natural gas in Peru and Ecuador. The Company is in the process of developing its Peruvian oil and gas reserves. It has completed the installation of the new CX-15 platform in the Corvina field to continue the development of the field and continued its drilling campaign there with completion of the CX-15-1D well. The customer of the Company is Peruvian national oil company, Petroleos del Peru - PETROPERU S.A.

BPZ Resources (FRA:NA4) Headlines

No Headlines