Barksdale Resources (TSXV:BRO) ROCE % : -11.71% (As of Sep. 2024)

View and export this data going back to 1984. Start your Free Trial

What is Barksdale 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. Barksdale Resources's annualized ROCE % for the quarter that ended in Sep. 2024 was -11.71%.

Barksdale Resources ROCE % Historical Data

The historical data trend for Barksdale 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.

Barksdale Resources ROCE % Chart

Barksdale Resources Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

ROCE %

Get a 7-Day Free Trial

-22.58

-18.18

-12.75

-19.23

-21.01

Barksdale Resources Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															-16.34	-14.23	-40.61	-8.54	-11.71

Barksdale Resources ROCE % Calculation

Barksdale Resources's annualized ROCE % for the fiscal year that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2024 )		(A: Mar. 2023 )		(A: Mar. 2024 )
	=	-4.407	/	( ( (22.387 - 1.677)	+	(24.333 - 3.084) )	/ 2 )
	=	-4.407	/	( (20.71	+	21.249)	/ 2 )
	=	-4.407	/	20.9795
	=	-21.01 %

Barksdale Resources's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	-2.976	/	( ( (27.048 - 2.401)	+	(28.397 - 2.226) )	/ 2 )
	=	-2.976	/	( ( 24.647	+	26.171 )	/ 2 )
	=	-2.976	/	25.409
	=	-11.71 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2024) EBIT data.

Barksdale Resources (TSXV:BRO) 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.

Barksdale Resources ROCE % Related Terms

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

Barksdale Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Barksdale Resources Corp (TSXV:BRO) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

BRKCF:USA 2NZ:Germany 2NZ:Germany

Address

67 East, 5th Avenue, Vancouver, BC, CAN, V5T 1G7

Website

https://www.barksdaleresources.com

Barksdale Resources Corp is a Canadian exploration-stage natural resource company. The company is principally engaged in the business activities of the acquisition and exploration of precious and base metal mineral properties. The company operates through various projects including Sunnyside, San Antonio, Canelo, Goat Canyon, San Javier, and Four Metals.

Executives