Black Mammoth Metals (TSXV:BMM) ROCE % : -21.40% (As of Mar. 2024)

View and export this data going back to 2005. Start your Free Trial

What is Black Mammoth Metals 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. Black Mammoth Metals's annualized ROCE % for the quarter that ended in Mar. 2024 was -21.40%.

Black Mammoth Metals ROCE % Historical Data

The historical data trend for Black Mammoth Metals'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.

Black Mammoth Metals ROCE % Chart

Black Mammoth Metals Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

6.62

-23.97

33.06

-16.71

-13.56

Black Mammoth Metals 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															-16.64	-14.13	-15.28	-10.95	-21.40

Black Mammoth Metals ROCE % Calculation

Black Mammoth Metals'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 )
	=	-0.133	/	( ( (1.024 - 0.082)	+	(1.108 - 0.088) )	/ 2 )
	=	-0.133	/	( (0.942	+	1.02)	/ 2 )
	=	-0.133	/	0.981
	=	-13.56 %

Black Mammoth Metals'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 )
	=	-0.276	/	( ( (1.108 - 0.088)	+	(1.641 - 0.081) )	/ 2 )
	=	-0.276	/	( ( 1.02	+	1.56 )	/ 2 )
	=	-0.276	/	1.29
	=	-21.40 %

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

Black Mammoth Metals (TSXV:BMM) 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.

Black Mammoth Metals ROCE % Related Terms

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

Black Mammoth Metals (TSXV:BMM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Black Mammoth Metals Corp (TSXV:BMM) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

LQRCF:USA

Address

1177 West Hastings Street, Suite 1710, Vancouver, BC, CAN, V6E 2L3

Website

https://www.blackmammothmetals.com

Black Mammoth Metals Corp is a mineral exploration company. It is engaged in the acquisition and exploration of resource properties in Idaho and Nevada. Some of the properties of the company are Blanco Creek Property and Happy Cat Gold property, among others.

Executives

Dustin Christopher Henderson

Director, Senior Officer

Black Mammoth Metals (TSXV:BMM) Headlines

No Headlines