Brachium2 Capital (TSXV:BRCB.P) ROCE % : -3.55% (As of Nov. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Brachium2 Capital 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. Brachium2 Capital's annualized ROCE % for the quarter that ended in Nov. 2023 was -3.55%.

Brachium2 Capital ROCE % Historical Data

The historical data trend for Brachium2 Capital'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.

Brachium2 Capital ROCE % Chart

Brachium2 Capital Annual Data

Trend

Feb21

Feb22

Feb23

ROCE %

-22.69

-4.12

Brachium2 Capital Quarterly Data
	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
ROCE %	Get a 7-Day Free Trial						-4.10	-11.23	-4.18	-1.19	-3.55

Brachium2 Capital ROCE % Calculation

Brachium2 Capital's annualized ROCE % for the fiscal year that ended in Feb. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Feb. 2023 )		(A: Feb. 2022 )		(A: Feb. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Feb. 2023 )		(A: Feb. 2022 )		(A: Feb. 2023 )
	=	-0.028	/	( ( (0.696 - 0.009)	+	(0.689 - 0.018) )	/ 2 )
	=	-0.028	/	( (0.687	+	0.671)	/ 2 )
	=	-0.028	/	0.679
	=	-4.12 %

Brachium2 Capital's ROCE % of for the quarter that ended in Nov. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Nov. 2023 )		(Q: Aug. 2023 )		(Q: Nov. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Nov. 2023 )		(Q: Aug. 2023 )		(Q: Nov. 2023 )
	=	-0.024	/	( ( (0.685 - 0.009)	+	(0.687 - 0.009) )	/ 2 )
	=	-0.024	/	( ( 0.676	+	0.678 )	/ 2 )
	=	-0.024	/	0.677
	=	-3.55 %

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

Brachium2 Capital (TSXV:BRCB.P) 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.

Brachium2 Capital ROCE % Related Terms

Thank you for viewing the detailed overview of Brachium2 Capital's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Brachium2 Capital (TSXV:BRCB.P) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Brachium2 Capital Corp (TSXV:BRCB.P) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

510 West Georgia Street, Suite 1800, Vancouver, BC, CAN, V6B 0M3

Website

Brachium2 Capital Corp is a capital pool company.

Brachium2 Capital (TSXV:BRCB.P) Headlines

No Headlines