Gold Rock Holdings (Gold Rock Holdings) ROCE % : -804.85% (As of Mar. 2024)

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What is Gold Rock Holdings 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. Gold Rock Holdings's annualized ROCE % for the quarter that ended in Mar. 2024 was -804.85%.

Gold Rock Holdings ROCE % Historical Data

The historical data trend for Gold Rock Holdings'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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Gold Rock Holdings ROCE % Chart

Gold Rock Holdings Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

ROCE %

Gold Rock Holdings Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial											-	-8,000.00	-	-	-804.85

Gold Rock Holdings ROCE % Calculation

Gold Rock Holdings'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 )
	=	-0.232	/	( ( (0.001 - 0.403)	+	(0 - 0.01) )	/ 2 )
	=	-0.232	/	( (-0.402	+	-0.01)	/ 2 )
	=	-0.232	/	-0.206
	=	112.62 %

Gold Rock Holdings'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 )
	=	-0.664	/	( ( (0 - 0.01)	+	(0.259 - 0.084) )	/ 2 )
	=	-0.664	/	( ( -0.01	+	0.175 )	/ 2 )
	=	-0.664	/	0.0825
	=	-804.85 %

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

Gold Rock Holdings (OTCPK:GRHI) 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.

Gold Rock Holdings ROCE % Related Terms

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Gold Rock Holdings (Gold Rock Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Gold Rock Holdings Inc (OTCPK:GRHI) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

2020 General Booth Boulevard, Suite 230, Virginia Beach, VA, USA, 23454

Website

https://www.goldrockholdings.us

Gold Rock Holdings Inc. provides engineering and construction management services, produce site-plans, construction drawings, cost computations, fiber network designs, and other related construction services.

Executives

Marcus Daley	director, 10 percent owner, officer: CEO	2214 TEMPLE VIEW DRIVE, PROVO UT 84604
Richard Kaiser Kaiser	director, officer: CFO, Secretary	3419 VIRGINIA BEACH BLVD, UNIT 252, VIRGINIA BEACH VA 23452
Merle Ferguson	director, 10 percent owner, officer: CEO/CFO/Secretary/Treasurer	2020 GENERAL BOOTH BLVD., SUITE 230, VIRGINIA BEACH VA 23454

Gold Rock Holdings (Gold Rock Holdings) Headlines

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