Excelsior Mining (STU:3XS) ROCE % : -36.93% (As of Mar. 2024)

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What is Excelsior 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. Excelsior Mining's annualized ROCE % for the quarter that ended in Mar. 2024 was -36.93%.

Excelsior Mining ROCE % Historical Data

The historical data trend for Excelsior 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.

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Excelsior Mining ROCE % Chart

Excelsior Mining Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-25.70

-15.28

-53.32

31.02

-23.57

Excelsior Mining Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															-90.25	67.49	13.53	-86.67	-36.93

Excelsior Mining ROCE % Calculation

Excelsior 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 )
	=	-23.351	/	( ( (112.11 - 16.616)	+	(106.746 - 4.109) )	/ 2 )
	=	-23.351	/	( (95.494	+	102.637)	/ 2 )
	=	-23.351	/	99.0655
	=	-23.57 %

Excelsior Mining'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 )
	=	-37.144	/	( ( (106.746 - 4.109)	+	(104.02 - 5.494) )	/ 2 )
	=	-37.144	/	( ( 102.637	+	98.526 )	/ 2 )
	=	-37.144	/	100.5815
	=	-36.93 %

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

Excelsior Mining (STU:3XS) 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.

Excelsior Mining ROCE % Related Terms

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Excelsior Mining (STU:3XS) Business Description

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EXMGF:USA MIN:Canada

Address

2999 North 44th Street, Suite 300, Concord Place, Phoenix, AZ, USA, 85018

Website

https://www.excelsiormining.com

Excelsior Mining Corp is a Canada-based company which is engaged in exploration and development of copper. The firm's primary project is Gunnison Project and it operates through segments acquisition, exploration, and evaluation of mineral properties in North America. The Company's revenue majorly consists of the sales of copper cathode. It operates in one reportable operating segment in North America. The Company's property, plant and equipment is all in the United States.

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