Osisko Mining (TSX:OSK) ROCE % : -2.98% (As of Dec. 2023)

View and export this data going back to 2012. Start your Free Trial

What is Osisko Mining 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. Osisko Mining's annualized ROCE % for the quarter that ended in Dec. 2023 was -2.98%.

Osisko Mining ROCE % Historical Data

The historical data trend for Osisko Mining'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.

Osisko Mining ROCE % Chart

Osisko Mining Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

-8.11

0.87

0.51

1.31

18.41

Osisko Mining Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															-4.48	-3.04	72.58	2.46	-2.98

Osisko Mining ROCE % Calculation

Osisko Mining'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 )
	=	198.012	/	( ( (965.336 - 27.981)	+	(1222.113 - 8.377) )	/ 2 )
	=	198.012	/	( (937.355	+	1213.736)	/ 2 )
	=	198.012	/	1075.5455
	=	18.41 %

Osisko Mining's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	-36.352	/	( ( (1229.463 - 6.685)	+	(1222.113 - 8.377) )	/ 2 )
	=	-36.352	/	( ( 1222.778	+	1213.736 )	/ 2 )
	=	-36.352	/	1218.257
	=	-2.98 %

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

Osisko Mining (TSX:OSK) 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.

Osisko Mining ROCE % Related Terms

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

Osisko Mining (TSX:OSK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Osisko Mining Inc (TSX:OSK) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

OBNNF:USA 1B7N:Germany

Address

155 University Avenue, Suite 1440, Toronto, ON, CAN, M5H 3B7

Website

https://www.osiskomining.com

Osisko Mining Inc is a precious metal mining company. It is engaged in acquiring, exploring and developing mineral properties. The company's project portfolio includes Urban-Barry, Windfall Lake Property, Quevillon Osborne Project and the Garrison Properties.