Berry (bry) (Berry (bry)) ROCE % : -13.21% (As of Mar. 2024)

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What is Berry (bry) 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. Berry (bry)'s annualized ROCE % for the quarter that ended in Mar. 2024 was -13.21%.

Berry (bry) ROCE % Historical Data

The historical data trend for Berry (bry)'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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Berry (bry) ROCE % Chart

Berry (bry) Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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2.68

-16.98

1.42

17.90

6.56

Berry (bry) Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															-0.27	13.13	-14.83	28.33	-13.21

Berry (bry) ROCE % Calculation

Berry (bry)'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: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	90.837	/	( ( (1631.03 - 234.207)	+	(1594.158 - 223.182) )	/ 2 )
	=	90.837	/	( (1396.823	+	1370.976)	/ 2 )
	=	90.837	/	1383.8995
	=	6.56 %

Berry (bry)'s ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	-179.376	/	( ( (1594.158 - 223.182)	+	(1575.516 - 230.447) )	/ 2 )
	=	-179.376	/	( ( 1370.976	+	1345.069 )	/ 2 )
	=	-179.376	/	1358.0225
	=	-13.21 %

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

Berry (bry) (NAS:BRY) 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.

Berry (bry) ROCE % Related Terms

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Berry (bry) (Berry (bry)) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Berry Corp (bry) (NAS:BRY) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

1P6:Germany

Address

16000 Dallas Parkway, Suite 500, Dallas, TX, USA, 75248

Website

https://www.bry.com

Berry Corp (bry) is a western United States independent upstream energy company with a focus on the conventional, long-lived oil reserves in the San Joaquin basin of California. Its operating segment includes Exploration and Production (E&P) and Well Servicing and Abandonment. The company generates maximum revenue from the Exploration and Production (E&P) segment.

Executives

Danielle E. Hunter	officer: EVP, Gen Counsel & Corp Sec	3990 ROGERDALE RD., HOUSTON TX 77042
Arthur T. Smith	director, officer: See Remarks	5201 TRUXTUN AVE., BAKERSFIELD CA 93309
Rajath Shourie	director	333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Oaktree Capital Management Lp	director, 10 percent owner	333 S GRAND AVE 28TH FL, LOS ANGELES CA 90071
Oaktree Value Opportunities Fund Gp, L.p.	director, 10 percent owner	333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Benefit Street Partners Llc	director, 10 percent owner	9 WEST 57TH STREET, SUITE 4920, NEW YORK NY 10019
Oaktree Capital Management Gp, Llc	10 percent owner	333 SOUTH GRAND AVE, 28TH FLOOR, LOS ANGELES CA 90071
Bam Partners Trust	10 percent owner	181 BAY STREET, SUITE 300, TORONTO A6 M5J 2T3
Atlas Ocm Holdings, Llc	10 percent owner	C/O OAKTREE CAPITAL MANAGEMENT, L.P., 333 S. GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Brookfield Asset Management Inc.	10 percent owner	BROOKFIELD PLACE, 181 BAY ST, STE 100, PO BOX 762, TORONTO A6 M5J2T3
Renee J Hornbaker	director	200 S. WILCOX DRIVE, KINGSPORT TN 37660-5280
Fernando Araujo	officer: EVP & Chief Operating Officer	16000 N. DALLAS PARKWAY, SUITE 500, DALLAS TX 75248
Kurt E. Neher	officer: EVP, Business Development	16000 N. DALLAS PARKWAY, SUITE 500, DALLAS TX 75248
Megan E. Silva	officer: EVP of Corporate Affairs	16000 N. DALLAS PARKWAY, SUITE 500, DALLAS TX 75248
Eugene Voiland	director	5201 TRUXTUN AVE., BAKERSFIELD CA 93309