TLRS has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
TLRS has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
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. Timberline Resources's annualized ROCE % for the quarter that ended in Dec. 2023 was -6.28%.
The historical data trend for Timberline 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.
Timberline Resources Annual Data | |||||||||||||||||||||
Trend | Sep14 | Sep15 | Sep16 | Sep17 | Sep18 | Sep19 | Sep20 | Sep21 | Sep22 | Sep23 | |||||||||||
ROCE % | Get a 7-Day Free Trial | -9.65 | -19.97 | -27.17 | -35.29 | -13.88 |
Timberline Resources 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 | -22.30 | -9.85 | -10.33 | -14.04 | -6.28 |
Timberline Resources's annualized ROCE % for the fiscal year that ended in Sep. 2023 is calculated as:
ROCE % | = | EBIT | / | ( (Capital Employed | + | Capital Employed) | / count ) |
(A: Sep. 2023 ) | (A: Sep. 2022 ) | (A: Sep. 2023 ) | |||||
= | EBIT | / | ( ( (Total Assets - Total Current Liabilities) | + | (Total Assets - Total Current Liabilities) ) | / count ) | |
(A: Sep. 2023 ) | (A: Sep. 2022 ) | (A: Sep. 2023 ) | |||||
= | -2.118 | / | ( ( (16.972 - 1.033) | + | (14.796 - 0.214) ) | / 2 ) | |
= | -2.118 | / | ( (15.939 | + | 14.582) | / 2 ) | |
= | -2.118 | / | 15.2605 | ||||
= | -13.88 % |
Timberline Resources'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 ) | |||||
= | -0.928 | / | ( ( (14.796 - 0.214) | + | (15.261 - 0.276) ) | / 2 ) | |
= | -0.928 | / | ( ( 14.582 | + | 14.985 ) | / 2 ) | |
= | -0.928 | / | 14.7835 | ||||
= | -6.28 % |
(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.
* 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.
Timberline Resources (OTCPK:TLRS) 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.
Thank you for viewing the detailed overview of Timberline Resources's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.
Jupiter Gold & Silver Fund | 10 percent owner | 32 MOLESWORTH STREET, DUBLIN L2 DO2 Y512 |
Jupiter Investment Management Ltd | 10 percent owner | THE ZIG ZAG BUILDING, 70 VICTORIA STREET, LONDON X0 SW1E 6SQ |
Donald James Mcdowell | director | 2131 STONE HILL CIRCLE, RENO NV 89519 |
William Fuller Matlack | director, 10 percent owner | C/O TIMBERLINE RESOURCES CORP., 101 EAST LAKESIDE AVENUE, COEUR D'ALENE ID 83814 |
Crescat Portfolio Management Llc | 10 percent owner | 1560 BROADWAY, SUITE 2270, DENVER CO 80202 |
Steven A. Osterberg | officer: Vice-President, Exploration | C/O TIMBERLINE RESOURCES, 101 E LAKESIDE AVE., COEUR D' ALENE ID 83814 |
David C. Mathewson | director | 1265 MESA DRIVE, FERNLEY NV 89408 |
Ted Riley Sharp | officer: CFO | 714 WHISPERWOOD COURT, NAMPA ID 83686 |
Pamela L Saxton | director | 4836 W FAIR AVE, LITTLETON CO 80123 |
R. Patrick Highsmith | director, officer: President | 6852 S. CLAYTON WAY, CENTENNIAL CO 80122 |
Quinton Todd Hennigh | director | 901 E 9TH AVENUE, LONGMONT CO 80504 |
Steven East Gilbertson | director | 1161 S. CLAYTON ST, DENVER CO 80210 |
Guilio Bonifacio | director | 1238 - 200 GRANVILLE STREEET, VANCOUVER A1 V8C 1S4 |
Randal Lavon Hardy | director, officer: CEO and CFO | 1611 N MOLTER ROAD, SUITE 201, LIBERTY LAKE WA 99019 |
Paul H Zink | director | 225 UNION BLVD, SUITE 250, LAKEWOOD CO 80228 |
From GuruFocus
By ACCESSWIRE ACCESSWIRE • 03-22-2023
By ACCESSWIRE ACCESSWIRE • 07-15-2021
By ACCESSWIRE ACCESSWIRE • 02-02-2023
By ACCESSWIRE ACCESSWIRE • 06-21-2022
By ACCESSWIRE ACCESSWIRE • 05-02-2022
By ACCESSWIRE • 07-12-2023
By ACCESSWIRE • 07-07-2023
By ACCESSWIRE • 08-17-2023
By ACCESSWIRE ACCESSWIRE • 05-18-2022
By ACCESSWIRE • 12-22-2023
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.