Amarc Resources (TSXV:AHR) ROCE % : 195,200.00% (As of Sep. 2023)

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What is Amarc 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. Amarc Resources's annualized ROCE % for the quarter that ended in Sep. 2023 was 195,200.00%.

Amarc Resources ROCE % Historical Data

The historical data trend for Amarc 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.

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Amarc Resources ROCE % Chart

Amarc Resources Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

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-253.62

2,197.01

-75.22

58.02

Amarc Resources Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
ROCE %	Get a 7-Day Free Trial															534.96	70.02	-730.47	-5,152.54	195,200.00

Amarc Resources ROCE % Calculation

Amarc Resources's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	0.094	/	( ( (0.992 - 0.903)	+	(6.091 - 5.856) )	/ 2 )
	=	0.094	/	( (0.089	+	0.235)	/ 2 )
	=	0.094	/	0.162
	=	58.02 %

Amarc Resources'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: Jun. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	0.976	/	( ( (8.121 - 8.297)	+	(4.588 - 4.411) )	/ 2 )
	=	0.976	/	( ( -0.176	+	0.177 )	/ 2 )
	=	0.976	/	0.00050000000000017
	=	195,200.00 %

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

Amarc Resources (TSXV:AHR) 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.

Amarc Resources ROCE % Related Terms

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Amarc Resources (TSXV:AHR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Amarc Resources Ltd (TSXV:AHR) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

AXREF:USA

Address

1040 West Georgia Street, 14th Floor, Vancouver, BC, CAN, V6E 4H1

Website

https://www.amarcresources.com

Amarc Resources Ltd is a mineral exploration and development company. It is engaged in the acquisition, exploration, and development of mineral properties mainly in British Columbia, Canada. Its project holdings comprise the IKE Project located in south-central British Columbia, the JOY Project, located in north-central British Columbia, and DUKE Project located in central British Columbia. It has a single reportable segment which is the acquisition, exploration and development of mineral properties.

Executives

Terrance Barry Coughlan

Director

Amarc Resources (TSXV:AHR) Headlines

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