Beacon Energy (LSE:BCE) ROCE % : -18.34% (As of Jun. 2024)

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What is Beacon Energy 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. Beacon Energy's annualized ROCE % for the quarter that ended in Jun. 2024 was -18.34%.

Beacon Energy ROCE % Historical Data

The historical data trend for Beacon Energy'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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Beacon Energy ROCE % Chart

Beacon Energy Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Dec23

ROCE %

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-19,120.00

-18.75

-208.63

-29.07

Beacon Energy Semi-Annual Data
	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Jun23	Dec23	Jun24
ROCE %	Get a 7-Day Free Trial															-400.06	-388.21	-76.87	7.62	-18.34

Beacon Energy ROCE % Calculation

Beacon Energy's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Apr. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Apr. 2022 )		(A: Dec. 2023 )
	=	-2.443	/	( ( (0.581 - 0.235)	+	(20.595 - 4.131) )	/ 2 )
	=	-2.443	/	( (0.346	+	16.464)	/ 2 )
	=	-2.443	/	8.405
	=	-29.07 %

Beacon Energy's ROCE % of for the quarter that ended in Jun. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2024 )		(Q: Dec. 2023 )		(Q: Jun. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2024 )		(Q: Dec. 2023 )		(Q: Jun. 2024 )
	=	-3.224	/	( ( (20.595 - 4.131)	+	(23.046 - 4.354) )	/ 2 )
	=	-3.224	/	( ( 16.464	+	18.692 )	/ 2 )
	=	-3.224	/	17.578
	=	-18.34 %

(1) Note: The EBIT data used here is two times the semi-annual (Jun. 2024) EBIT data.

Beacon Energy (LSE:BCE) 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.

Beacon Energy ROCE % Related Terms

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