Genius Metals (TSXV:GENI) ROCE % : -13.17% (As of Jan. 2024)

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What is Genius Metals 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. Genius Metals's annualized ROCE % for the quarter that ended in Jan. 2024 was -13.17%.

Genius Metals ROCE % Historical Data

The historical data trend for Genius Metals'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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Genius Metals ROCE % Chart

Genius Metals Annual Data

Trend

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

ROCE %

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-142.34

-31.09

-47.30

-32.94

-17.86

Genius Metals Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
ROCE %	Get a 7-Day Free Trial															-3.34	-19.00	-33.07	-18.40	-13.17

Genius Metals ROCE % Calculation

Genius Metals's annualized ROCE % for the fiscal year that ended in Jul. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jul. 2023 )		(A: Jul. 2022 )		(A: Jul. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jul. 2023 )		(A: Jul. 2022 )		(A: Jul. 2023 )
	=	-1.014	/	( ( (5.273 - 0.186)	+	(7.049 - 0.781) )	/ 2 )
	=	-1.014	/	( (5.087	+	6.268)	/ 2 )
	=	-1.014	/	5.6775
	=	-17.86 %

Genius Metals's ROCE % of for the quarter that ended in Jan. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jan. 2024 )		(Q: Oct. 2023 )		(Q: Jan. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jan. 2024 )		(Q: Oct. 2023 )		(Q: Jan. 2024 )
	=	-0.844	/	( ( (7.224 - 0.709)	+	(6.732 - 0.43) )	/ 2 )
	=	-0.844	/	( ( 6.515	+	6.302 )	/ 2 )
	=	-0.844	/	6.4085
	=	-13.17 %

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

Genius Metals (TSXV:GENI) 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.

Genius Metals ROCE % Related Terms

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Genius Metals (TSXV:GENI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Genius Metals Inc (TSXV:GENI) » Definitions » ROCE %

Comparable Companies

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GNSMF:USA 0FU:Germany

Address

22 Av. Lafleur N, Suite 203, Montreal, QC, CAN, J0R 1R0

Website

https://www.geniusmetals.com

Genius Metals Inc is engaged in the acquisition and exploration of gold and other mineral properties. The company operates through various projects including Sakami; Iserhoff; Meaghers; Nova Scotia; Dissimieux; and others. The company generates more revenue from gold projects.

Executives

Guy Goulet

Senior Officer