Baru Gold (TSXV:BARU) ROCE % : -68.00% (As of Nov. 2023)

View and export this data going back to 1996. Start your Free Trial

What is Baru 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. Baru Gold's annualized ROCE % for the quarter that ended in Nov. 2023 was -68.00%.

Baru Gold ROCE % Historical Data

The historical data trend for Baru 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.

* Premium members only.

Baru Gold ROCE % Chart

Baru Gold Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

ROCE %

Get a 7-Day Free Trial

-144.39

-39.66

-63.01

Baru Gold Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
ROCE %	Get a 7-Day Free Trial															-53.32	-48.81	-52.59	-101.71	-68.00

Baru Gold ROCE % Calculation

Baru Gold's annualized ROCE % for the fiscal year that ended in Aug. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Aug. 2023 )		(A: Aug. 2022 )		(A: Aug. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Aug. 2023 )		(A: Aug. 2022 )		(A: Aug. 2023 )
	=	-2.685	/	( ( (8.204 - 2.194)	+	(9.403 - 6.891) )	/ 2 )
	=	-2.685	/	( (6.01	+	2.512)	/ 2 )
	=	-2.685	/	4.261
	=	-63.01 %

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

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Nov. 2023 )		(Q: Aug. 2023 )		(Q: Nov. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Nov. 2023 )		(Q: Aug. 2023 )		(Q: Nov. 2023 )
	=	-1.652	/	( ( (9.403 - 6.891)	+	(9.78 - 7.433) )	/ 2 )
	=	-1.652	/	( ( 2.512	+	2.347 )	/ 2 )
	=	-1.652	/	2.4295
	=	-68.00 %

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

Baru Gold (TSXV:BARU) 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.

Baru Gold ROCE % Related Terms

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

Baru Gold (TSXV:BARU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Baru Gold Corp (TSXV:BARU) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

BARUF:USA

Address

1021 West Hastings Street, 9th Floor, Vancouver, BC, CAN, V6E 0C3

Website

https://www.barugoldcorp.com

Baru Gold Corp is an Indonesian-based Canadian mineral exploration company. The company is building a new gold production facility in Indonesia. It is a junior gold developer with NI43-101 gold resources. Its projects include the Sangihe Gold project and the Indonesian Focus.

Executives

Shidan Murphy

Director

Baru Gold (TSXV:BARU) Headlines

No Headlines