BHPA (BHPA) ROCE % : -115.12% (As of Sep. 2008)

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What is BHPA 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. BHPA's annualized ROCE % for the quarter that ended in Sep. 2008 was -115.12%.

BHPA ROCE % Historical Data

The historical data trend for BHPA'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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BHPA ROCE % Chart

BHPA Annual Data

Trend

Mar06

Mar07

Mar08

ROCE %

-7.41

-203.64

-7.57

BHPA Quarterly Data
	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08
ROCE %	Get a 7-Day Free Trial						-	-65.60	32.01	-103.34	-115.12

BHPA ROCE % Calculation

BHPA's annualized ROCE % for the fiscal year that ended in Mar. 2008 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2008 )		(A: Mar. 2007 )		(A: Mar. 2008 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2008 )		(A: Mar. 2007 )		(A: Mar. 2008 )
	=	-0.136	/	( ( (0.002 - 0.001)	+	(8.044 - 4.45) )	/ 2 )
	=	-0.136	/	( (0.001	+	3.594)	/ 2 )
	=	-0.136	/	1.7975
	=	-7.57 %

BHPA's ROCE % of for the quarter that ended in Sep. 2008 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2008 )		(Q: Jun. 2008 )		(Q: Sep. 2008 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2008 )		(Q: Jun. 2008 )		(Q: Sep. 2008 )
	=	-9.28	/	( ( (7.956 - 0)	+	(8.166 - 0) )	/ 2 )
	=	-9.28	/	( ( 7.956	+	8.166 )	/ 2 )
	=	-9.28	/	8.061
	=	-115.12 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2008) EBIT data.

BHPA (OTCPK:BHPA) 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.

BHPA ROCE % Related Terms

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BHPA (BHPA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » BHPA Inc (OTCPK:BHPA) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

18300 Von Karman Avenue, Suite 760, Irvine, CA, USA, 92612

Website

https://www.dastecho.com

BHPA Inc Inc provides a cloud hash power service platform. The company operates through a subsidiary which is focused on providing a cryptocurrency mining SaaS platform powered by a blockchain algorithm. It is also engaged in data processing and other online services. The company generates revenue from Hashrate Cloud Service.

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