Bexil (BXLC) ROCE % : 2.49% (As of Sep. 2023)

View and export this data going back to 1996. Start your Free Trial

What is Bexil 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. Bexil's annualized ROCE % for the quarter that ended in Sep. 2023 was 2.49%.

Bexil ROCE % Historical Data

The historical data trend for Bexil'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.

Bexil ROCE % Chart

Bexil Annual Data

Trend

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

ROCE %

Get a 7-Day Free Trial

-3.34

-2.64

-3.72

-6.73

-5.92

Bexil Quarterly Data
	Sep07	Dec07	Mar08	Jun08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Sep22	Sep23
ROCE %	Get a 7-Day Free Trial															-6.25	-8.94	-14.22	2.12	2.49

Bexil ROCE % Calculation

Bexil's annualized ROCE % for the fiscal year that ended in Dec. 2011 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2011 )		(A: Dec. 2010 )		(A: Dec. 2011 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2011 )		(A: Dec. 2010 )		(A: Dec. 2011 )
	=	-2.165	/	( ( (37.243 - 0.619)	+	(36.849 - 0.347) )	/ 2 )
	=	-2.165	/	( (36.624	+	36.502)	/ 2 )
	=	-2.165	/	36.563
	=	-5.92 %

Bexil'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: Sep. 2022 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Sep. 2022 )		(Q: Sep. 2023 )
	=	0.628	/	( ( (0 - 0)	+	(25.491 - 0.295) )	/ 1 )
	=	0.628	/	( ( 0	+	25.196 )	/ 1 )
	=	0.628	/	25.196
	=	2.49 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2023) EBIT data.

Bexil (OTCPK:BXLC) 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.

Bexil ROCE % Related Terms

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

Bexil (BXLC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Bexil Corp (OTCPK:BXLC) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

2255 Buffalo Road, Rochester, NY, USA, 12545

Website

https://www.bexil.com

Bexil Corporation is a United States firm engaged through a wholly-owned subsidiary, Bexil Advisers LLC, in investment management. Bexil Advisers is a registered investment adviser and the investment manager to Dividend and Income Fund, a closed-end fund.

Executives

Mark Campbell Winmill	10 percent owner	3814 ROUTE 44, MILLBROOK NY 12545
John F Ramirez	officer: Chief Compliance Officer	11 HANOVER SQUARE, 12TH FLOOR, NEW YORK NY 10005
Thomas Omalley	officer: Chief Financial Officer	3814 ROUTE 44, MILLBROOK NY 12545
Bexil Corp	officer: Chief Financial Officer	2255 BUFFALO ROAD, ROCHESTER NY 14624
Thomas Bassett Winmill	director, 10 percent owner, officer: President	P.O. BOX 4, WALPOLE NH 03608
Bassett Starr Winmill	director, 10 percent owner, officer: Executive Chairman	11 HANOVER SQUARE, NEW YORK NY 10005
Burke Russell E Iii	director	3814 ROUTE 44, MILLBROOK NY 12545
Investor Service Center Inc /de	10 percent owner	11 HANOVER SQUARE, NEW YORK NY 10005