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Burger Fuel Group (NZSE:BFG) ROCE % : 5.34% (As of Sep. 2023)


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What is Burger Fuel Group 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. Burger Fuel Group's annualized ROCE % for the quarter that ended in Sep. 2023 was 5.34%.


Burger Fuel Group ROCE % Historical Data

The historical data trend for Burger Fuel Group'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.

Burger Fuel Group ROCE % Chart

Burger Fuel Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.35 2.66 3.23 1.90 3.46

Burger Fuel Group Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.97 1.86 4.05 2.89 5.34

Burger Fuel Group ROCE % Calculation

Burger Fuel Group's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2023 )  (A: Mar. 2022 )(A: Mar. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2023 )  (A: Mar. 2022 )(A: Mar. 2023 )
=1.259/( ( (41.953 - 4.104) + (39.849 - 4.876) )/ 2 )
=1.259/( (37.849+34.973)/ 2 )
=1.259/36.411
=3.46 %

Burger Fuel Group's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Sep. 2023 )  (Q: Mar. 2023 )(Q: Sep. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2023 )  (Q: Mar. 2023 )(Q: Sep. 2023 )
=1.856/( ( (39.849 - 4.876) + (39.425 - 4.918) )/ 2 )
=1.856/( ( 34.973 + 34.507 )/ 2 )
=1.856/34.74
=5.34 %

(1) Note: The EBIT data used here is two times the semi-annual (Sep. 2023) 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.


Burger Fuel Group  (NZSE:BFG) 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.


Burger Fuel Group ROCE % Related Terms

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Burger Fuel Group (NZSE:BFG) Business Description

Traded in Other Exchanges
N/A
Address
66 Surrey Crescent, Grey Lynn, Auckland, NTL, NZL, 1021
Burger Fuel Group Ltd engages in the development and management of both franchised and company-owned gourmet burger restaurants. It offers Grass Fed Beef, Free Range Chicken, Gourmet Minis, Gourmet Sides, Drinks, Sauces, and others. The company operates in two segments consisting of geographical locations including New Zeal and the International market. It derives a majority of its revenue from New Zealand.

Burger Fuel Group (NZSE:BFG) Headlines

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