Troilus Gold (TSX:TLG) ROCE % : -246.58% (As of Oct. 2023)

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What is Troilus Gold 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. Troilus Gold's annualized ROCE % for the quarter that ended in Oct. 2023 was -246.58%.

Troilus Gold ROCE % Historical Data

The historical data trend for Troilus Gold'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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Troilus Gold ROCE % Chart

Troilus Gold Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

ROCE %

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-110.02

-76.06

-155.89

-89.45

-19.96

Troilus Gold Quarterly Data
	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23
ROCE %	Get a 7-Day Free Trial															-202.95	358.08	-130.31	-138.13	-246.58

Troilus Gold ROCE % Calculation

Troilus Gold'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 )
	=	-5.439	/	( ( (30.721 - 9.047)	+	(36.827 - 3.989) )	/ 2 )
	=	-5.439	/	( (21.674	+	32.838)	/ 2 )
	=	-5.439	/	27.256
	=	-19.96 %

Troilus Gold's ROCE % of for the quarter that ended in Oct. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Oct. 2023 )		(Q: Jul. 2023 )		(Q: Oct. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Oct. 2023 )		(Q: Jul. 2023 )		(Q: Oct. 2023 )
	=	-63.28	/	( ( (36.827 - 3.989)	+	(26.414 - 7.926) )	/ 2 )
	=	-63.28	/	( ( 32.838	+	18.488 )	/ 2 )
	=	-63.28	/	25.663
	=	-246.58 %

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

Troilus Gold (TSX:TLG) 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.

Troilus Gold ROCE % Related Terms

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Troilus Gold (TSX:TLG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Troilus Gold Corp (TSX:TLG) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

CHXMF:USA CM5R:Germany

Address

715 Square Victoria, Suite 705, Montreal, QC, CAN, H2Y 2H7

Website

https://www.troilusgold.com

Troilus Gold Corp is a Toronto-based, Quebec-focused, advanced-stage exploration and early-development company. It is focused on the mineral expansion and potential mine re-start of the former gold and copper Troilus mine. The Troilus project includes Z87 Looking Southwest, Water Treatment and Tailings, Town of Chibougamau, 43,500 Hectare Property, and others.

Executives

Christopher Justin Reid

Director, Senior Officer

Troilus Gold (TSX:TLG) Headlines

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